Heartwood
Private equityNorwalk · Growth · 27 people tracked
Also known as HEARTWOOD PARTNERS, LLC · Heartwood Wealth Advisors, Llc
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 Aug 25, 2026.
Team · 27 people
from the firm's website
What they invest in
from 45 of 66 portfolio companiesAdvanced Manufacturing ×32Hardware ×13New Materials ×13E-commerce ×9Consumer ×8Mobility & Transportation ×8FoodTech ×4AgTech ×2
HQs:United States×18
Investments · 66 tracked
founders shown can be your intro pathAftermarket Performance Group (APG) is a group of vertically-integrated companies operating in the aftermarket performance parts and accessories space.
Advanced ManufacturingE-commerceMobility & Transportation
Allentown manufactures vivarium systems and laboratory equipment, including rodent housing cages and airflow systems with connected monitoring devices, for the biomedical research community.
Advanced ManufacturingBiotechHardware
Provider of maintenance and project management services to the US nuclear power industry; now BHI Energy Inc.
Amlon Group processes liquid waste, reclaims metals, and provides tank and equipment washout services for responsible waste management.
Circular EconomyCleantechNew Materials
Artisant Lane is a holding company for furniture brands that make and sell furniture for residential, rental, vacation, commercial, contract, hospitality, cruise ship, and outdoor markets across the United States.
Advanced ManufacturingConsumerE-commerce
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)
Chroma Color develops and manufactures custom color concentrates, colorants, resins, additives, and pigment solutions for manufacturers across markets including pharmaceutical, medical devices, food and beverage, personal care, apparel, electronics, and oil and gas.
Advanced ManufacturingNew Materials
Brookline Furniture manufactures commercial and hospitality seating, including custom pieces, at its US-based facilities.
Advanced ManufacturingHardware
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 is a specialty chemicals and colorants manufacturer that operates a quality-managed production system using known suppliers with Certificates of Analysis.
Advanced ManufacturingNew MaterialsTwinsburg, US
JOSEPH MAJEWSKI(CEO AND PRESIDENT)
BoardMICHAEL D. MODAK(MANAGER)ROBERT TUCKER(MANAGER)MARK LANGER(MANAGER)EDWIN TAN(MANAGER)
CMI manufactures and fabricates engineered products for marine walls, flood and levee protection, water control, chemical containment, soil stabilization, groundwater cut-off, aluminum bridges, gangways, and docks.
Advanced ManufacturingClimate TechNew Materials
Derby Fabricating Solutions converts non-metallic materials—foams, films, fibers, laminates, and specialty materials—into production-ready components for automotive, industrial, engineered, and consumer/commercial applications.
Advanced ManufacturingNew Materials
E-Tech manufactures economizers and waste heat recovery products — including boilers and heaters — that help companies reduce energy costs by capturing wasted heat.
Advanced ManufacturingCleantechEnergy
Flavorseal makes food packaging products for protein processors and food manufacturers, including seasoning transfer products (spice sheets, seasoned casings), food netting, flexible packaging, and cook-chill systems.
Advanced ManufacturingFoodTechNew Materials
Fletcher-Terry designs and manufactures equipment and tools for cutting and joining picture frames, canvas frames, and moulding, including double mitre saws, automatic frame-joining machines, cutting blades, carbide scoring wheels, and framing points.
Advanced ManufacturingHardwareEast Berlin, US
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 produces media and content about the private equity middle market, including news on portfolio company deals, industry insights, and the "Top PE Firms in the Middle Market" recognition program.
Media & Entertainment
High Bar Brands is a manufacturer and supplier of aftermarket products and accessories for the commercial trucking industry, operating a family of brands including Betts HD, Minimizer, Panelite, and Viking Sales.
Advanced ManufacturingHardwareMobility & Transportation
Imprimus manufactures pressure-sensitive labels, including Expanded Content Labels, for products across food, beverage, health and beauty, consumer packaged goods, and industrial markets.
Advanced ManufacturingNew Materials
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
Lone Star Beef Processors operates a beef slaughter and processing facility with blast-freezing capabilities and an extensive HACCP food-safety and quality-control program.
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 provides precision cleaning products and solutions for medical device manufacturers and telecom/fiber-optic networks, including its Sticklers line of fiber cleaning products.
Advanced ManufacturingHardwareMedical Devices
Co-investorsBlue Sea Capital
M&Q Packaging LLC manufactures high-temperature nylon and polyamide films, vacuum bags, and sterilization packaging designed to withstand autoclaving, extreme heat, and chemical exposure.
Advanced ManufacturingHardwareNew Materials
NativeSeed Group is a vertically-integrated supplier of native and commercial seed and erosion control products, offering custom seed mixes and consultation for habitat restoration, land reclamation, and agricultural projects.
AgTechClimate TechImpact & Social Good
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, manufactures, and distributes tractor trailer components for the trucking industry, including couplings, pintle hitches, drawbar eyes, hinge assemblies, front end assemblies, and dolly jacks.
Advanced ManufacturingHardwareMobility & Transportation
RallySport Direct is an online retailer of aftermarket automotive performance parts, such as cold air intakes, snorkels, and related modules, for enthusiast vehicles like the Toyota GR Corolla.
ConsumerE-commerceRetail Tech
Roll·Rite, a Clarience Technologies company, manufactures automated electric tarp systems, tarps, gear motors, and power solutions for the heavy-duty trucking industry.
Advanced ManufacturingHardwareMobility & Transportation
Royal Products manufactures and supplies machine tool accessories including CNC collet chucks, Quick-Grip collets, mist collectors (Filtermist), live centers, bar pullers, parts accumulators, and precision drill chucks.
Advanced ManufacturingHardware
Somafina is a contract manufacturer of dietary supplements, offering formulation, GMP-regulated production, scientific testing, and packaging services.
Advanced ManufacturingFoodTechWellness & Fitness
Stage 3 Motorsports sells aftermarket performance parts for Ford and Toyota trucks, testing products on its own project trucks before recommending them.
E-commerceMobility & Transportation
Twitchell manufactures woven and coated textiles, including sun-shade fabrics, outdoor mesh materials, dim-out textilene, and custom coated and laminated fabrics.
Advanced ManufacturingNew Materials
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 Leather is a maker and distributor of a family of brands offering leather, tools, and gear for equine, livestock, pet, arborist/climbing, and construction markets, along with leathercraft supplies and kits.
Advanced ManufacturingConsumerE-commerce
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 66 tracked investments.
- 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.
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