Fundraising Fox
Heartwood
Private equityNorwalk · Growth · 30 people tracked
Also known as HEARTWOOD PARTNERS, LLC · Heartwood Wealth Advisors, Llc
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Investment thesis
Heartwood Partners provides a private equity ecosystem tailored to founder-, family-, and management-owned businesses seeking to improve performance. The firm applies a conservative capitalization strategy characterized by higher equity and lower debt, encouraging family and management owners to retain ownership alongside the firm. It combines strategic and financial expertise with deep operating experience and skilled resources to support management teams in developing and implementing growth plans. Heartwood seeks to back reliable, committed management teams with proven track records and pursues both platform investments and add-on acquisitions to build industry-leading companies.
Source: firm website, verified Sep 29, 2026.
Team · 30 people
from the firm's website & curated
What they invest in
from 45 of 67 portfolio companiesAdvanced Manufacturing ×32Hardware ×15New Materials ×15Consumer ×10E-commerce ×9Mobility & Transportation ×8Retail Tech ×6Construction Tech ×4
HQs:United States×30
Investments · 67 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 22017 · 15 dated
Amlon Group provides waste and materials management solutions including recycling, reclamation, and repurposing of industrial byproducts to help customers reach sustainability objectives.
Circular EconomyCleantechNew Materials
Aftermarket Performance Group operates a vertically-integrated portfolio of automotive aftermarket companies combining wholesale distribution, e-commerce platforms, and manufacturing.
Advanced ManufacturingE-commerceMobility & Transportation
Allentown designs and manufactures laboratory equipment for washing and drying animal cages, racks, bottles, and related research facility supplies.
Advanced ManufacturingBiotechHardwareHealthtechAllentown, US
Michael A. Coiro Sr.
American Leather manufactures accent chairs and furniture available in various leather and fabric options for residential living spaces.
Advanced ManufacturingCircular EconomyConsumerDirect to ConsumerDallas, US
Co-investorsPrelude Ventures
Artisant Lane designs and manufactures curated high-end custom furniture for residential and contract markets, operating a portfolio of distinct furniture brands with US manufacturing facilities.
Advanced ManufacturingConsumerE-commerce
Brian Golden(CEO)inWalt Hammond(COO)inJulio Wong(CHRO)inRussell Towner(President, LEE Industries)Dan Campbell(President, BenchMade Modern)inJustin Emig(CTO)in
BluWave operates a platform that connects private equity firms and their portfolio companies with vetted third-party service providers, independent consultants, interim executives, AI advisors, and senior advisors, typically within 24 hours.
AI & Machine LearningB2B MarketplacesFintechBrentwood, US
Sean E. Mooney(Chief Executive Officer)in
Co-investorsHighmount
Chroma Color is a plastics color compounding company that develops and manufactures color concentrates and masterbatches for engineered thermoplastics used across various industrial applications.
Advanced ManufacturingNew MaterialsAsheboro, US
Joe Herres(Chief Executive Officer)inGary Buckland(Vice President of Operations)Peter Gallagher(Vice President, Sales & Marketing)in
Co-investorsArsenal
Brookline Furniture manufactures custom guest room and public space furniture for hospitality clients worldwide, emphasizing quality craftsmanship and on-time delivery over a 35+ year operating history.
Advanced ManufacturingHardwareBrookline, US
Bush Brothers is a family-run provision company that supplies custom-aged, trimmed beef, lamb, veal, pork, poultry, and other proteins to fine restaurants, five-star hotels, and clubs.
FoodTech
ChromaScape manufactures colorants and additives for the plastics industry and other applications, operating multiple production and distribution facilities across the United States.
Advanced ManufacturingNew MaterialsTwinsburg, US
JOSEPH MAJEWSKI(CEO AND PRESIDENT)
BoardMICHAEL D. MODAK(MANAGER)ROBERT TUCKER(MANAGER)inMARK LANGER(MANAGER)EDWIN TAN(MANAGER)in
CMI provides cut-off and containment solutions using sheet piling for remediation projects at contaminated sites, including EPA and SUPERFUND projects in the U.S. and internationally.
Advanced ManufacturingCleantechClimate TechConstruction TechNew Materials
Derby manufactures and ships precision parts at scale, serving automotive and industrial customers with IATF 16949-certified quality systems.
Advanced ManufacturingHardwareNew MaterialsLouisville, US
E-Tech Heat Recovery Systems designs and manufactures custom, engineered-to-order economizers, condensing economizers, waste-heat boilers, heaters, and heat-exchanger components that let industrial, institutional, and utility customers capture and reuse waste heat.
Advanced ManufacturingCleantechEnergyHardwareTulsa, US
Flavorseal manufactures food packaging supplies including flexible packaging films, netting, seasoning transfer products, and accessories for the food service and processing industries.
Advanced ManufacturingFoodTechNew Materials
Fletcher Business Group is a global manufacturer of cutting, joining, and automation equipment and consumables serving picture framing, sign and graphics, woodworking, and related industries.
Advanced ManufacturingHardwareEast Berlin, US
Fred S. FletcherSamuel MonceO.M. Pike
GCI PE Awards runs an awards program recognizing private equity firms and executives in the middle market, including the "Top 50 PE Firms in the Middle Market" recognition.
FintechMedia & Entertainment
GCI Publishing operates a content-driven network and digital publications serving the financial industry, including private equity firms, venture capital investors, and investment banks.
FintechMedia & Entertainment
BettsHD manufactures mud flap hangers, metal and poly fenders, mounting brackets, and replacement parts engineered for road conditions.
Advanced ManufacturingConsumerHardwareMobility & TransportationRetail TechCambridge, US
Co-investorsSentinel Capital Partners
Imprimus manufactures expanded content labels (ECLs) and booklet labels for consumer product packaging, enabling brands to display advertising, branding, and regulatory information across multiple panels.
Advanced ManufacturingNew MaterialsGardena, US
1Concier (formerly Harbor Linen, formed from the merger of Riegel Linen, T-Y Group, and Harbor Linen) is a wholesale supplier of commercial linens and terry products serving hotels, resorts, casinos, healthcare facilities, commercial laundries, and cruise lines.
B2B MarketplacesE-commerceRetail Tech
A beef supplier offering lean trimmings, specialty cuts, and Black Angus beef products.
Advanced ManufacturingFoodTechSan Angelo, US
M&Q Holdings develops custom engineered materials and flexible packaging solutions, including complex film extrusion, value-added labels, and integrated packing and supply chain services.
Advanced ManufacturingLogistics & Supply ChainNew MaterialsLimerick, US
MicroCare formulates specialized cleaning, coating, and lubricating fluids for electronics manufacturing, medical device production, fiber optic installation, aerospace and defense, semiconductor fabrication, and healthcare facilities.
Advanced ManufacturingHardwareHealthtechMedical Devices
Co-investorsBlue Sea Capital
M&Q Packaging manufactures specialized plastic films and bags, including vacuum bagging films for composites, sterilization films for medical/dental applications, solvent recovery liners, and modified atmosphere packaging (MAP) films for fresh produce.
Advanced ManufacturingHardwareHealthtechMedical DevicesNew Materials
NativeSeed Group is a network of regionally-focused native seed companies that supplies seeds and erosion control solutions for ecological restoration, reclamation, and agricultural projects across North America.
AgTechClimate TechImpact & Social GoodWinters, US
Outlook Group is a single-source printing and packaging provider offering labels, flexible packaging, folding cartons, and integrated packaging solutions with a focus on sustainable options.
Advanced ManufacturingCircular EconomyNeenah, US
Premier Manufacturing designs and produces pintle hitch couplings for towing applications, offering a range of models rated for light-duty through heavy-duty gross trailer weights up to 150,000 lbs.
Advanced ManufacturingHardwareLogistics & Supply ChainMobility & Transportation
Bill Blacklawin
Co-investorsAres
RallySport Direct is an e-commerce retailer of automotive parts and accessories for import car enthusiasts, particularly focused on Subaru, Honda, and Toyota models.
ConsumerE-commerceRetail TechSports Tech
Jeff(COO)Jonathan(Director of Operations)
RDC Coatings (formerly R&D Coatings) formulates and manufactures custom energy-cured coatings, including UV, Excimer UV, electron-beam, and water-based finishes, for manufacturers applying coatings to wood, furniture, and other substrates.
Advanced ManufacturingNew Materials
Co-investorsHivemind Capital LLCLiveOak VenturesOnigiri Capital
Rollrite designs and manufactures covering solutions for transportation fleets to enhance operator and pedestrian safety while improving productivity.
Advanced ManufacturingAgTechConstruction TechHardwareIoTLogistics & Supply ChainMobility & TransportationGladwin, US
Royal manufactures precision collet chucks for CNC machining and lathe work, including the QG Combo Chuck that combines outer diameter, inner diameter, and 5C collet chuck capabilities in a single unit for manufacturing shops.
Advanced ManufacturingHardware
Sur-Seal provides custom product manufacturing services including die-cutting, laminating, extrusion, molding, and precision cutting for OEMs and manufacturers across industries such as avionics, agriculture, defense, and solar energy.
Advanced ManufacturingEnterprise SoftwareHardwareNew MaterialsCincinnati, US
Stage 3 Motorsports operates a comprehensive online and mail-order catalog of aftermarket performance parts for Ford, Toyota, and Ram trucks, backed by real test vehicles and in-house installation expertise.
ConsumerE-commerceMobility & TransportationRetail TechPhoenix, US
Twitchell Technical Products manufactures woven textiles and fabrics, including its flagship Textilene® PVC-coated polyester fabric, for use across multiple industries.
Advanced ManufacturingNew MaterialsDothan, US
UW Solutions (Universal Woods) makes performance surface products across four brands, including dye sublimation photo panels and blanks (ChromaLuxe, Unisub), custom industrial coatings (RDC Coatings), and engineered industrial flooring panels (ResinDek) for applications such as personalized products and warehouse automation.
Advanced ManufacturingNew Materials
VITALSpace manufactures prefabricated, modular structures and parts using domestic steel for industries requiring secure, damage-resistant, mission-critical buildings.
Advanced ManufacturingConstruction TechHardware
Weaver Brands manufactures and sells leather and nylon products for equine, livestock, pet, arborist, and tool gear markets, combining handcrafted quality with customer service.
Advanced ManufacturingConsumerE-commerceNew MaterialsFryburg, US
Harry A. Weaver(Founder)
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AecelectricalAllstateelectricalAmes Group, LLCBeaumontelectricCmcmillingDayton Parts, LLCEpsplasticlumberFramewareincGreenvillecolorantsInterbayelectricLeeindustriesLmrplasticsMantleindustriesMidtennturfMuellercustomcutNorlee GroupParagon Southwest Medical WasteParkway Products, LLCRegencyelectricTrucktechdistributingWesternshield
Portfolio news
latest coverage across their companiesNativeSeed Group · prnewswire.com · Apr 15, 2025
Fund performance · per public LP disclosures · 4
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Heartwood Partners IIILPs: New York City Police Pension Fund, New York City Board of Education Retirement System | 2017 | — | 17.0% | 1.69x | 1.69x |
| Heartwood Partners IILPs: San Diego City Employees' Retirement System, New York City Police Pension Fund | 2012 | — | 13.0% | 1.87x | 1.87x |
| Heartwood PartnersLPs: New York City Police Pension Fund, New York City Fire Department Pension Fund | 2006 | — | 21.0% | 2.31x | 2.31x |
| Heartwood Partners IV, L.P.LPs: Texas Municipal Retirement System | — | — | 3.3% | 1.06x | 0.09x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Heartwood made?
- Heartwood has 67 tracked investments, including 1 dated in the last 24 months.
- What stage does Heartwood invest at?
- Heartwood invests at the Growth stage.
- What sectors does Heartwood focus on?
- Heartwood focuses on Advanced Manufacturing, AgTech, Construction Tech, FoodTech, Logistics & Supply Chain, New Materials.
- Where is Heartwood located?
- Heartwood is headquartered in Norwalk, US.
- Who does Heartwood co-invest with?
- Heartwood most often shares deals with Aea Investors, Blue Sea Capital, Geekdom, among 5 tracked co-investors.
Images
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