🠈  Harvest Partners  🠊

Harvest Partners

Harvest Partners is a private equity founded in 1981 by Harvey Mallement and Harvey Wertheim and based in NYC.

The menu to the side shows business names in alphabetical order. The block below shows transactions by year. I pulled most of the information from the corporate web site.

Corporate History

This section includes acquisitions by Harvest that I encounter in other research.

• 1981: Company Founded
• 2002: Harvest acquired Associated Materials of Cuyahoga Falls, OH which makes vinyl siding and related products which it sold to Hellman & Friedman.
• 2003: Harvest and Deutsche Beteiligungs AG (“DBAG”) acquired Coveright Surfacing which makes surfacing materials for furniture. Harvest had divested by 2013.
• 2004: Harvest acquired Communications Supply Corporation of Carol Stream, Il which distributes low voltage products. They sold to WESCO International, Inc. in 2006.
• 2004: Harvest acquired Evenflo which makes safety products for kids. Harvest sold to Weston Presidio in 2007.
• 2004: Harvest acquired Natural Products Group of Irvine, Ca which makes skin care products. Harvest exited in 2010.
• 2004: Harvest acquired New Flyer of Manitoba which manufactures transit buses. The company held an IPO in 2005.
• 2005: Harvest acquired Cycle Gear of Benicia, Ca which make products for motorcyclists. They sold to J.W. Childs in 2015.
• 2006: Harvest acquired Encata Restaurants which is the sole franchisee of Yum Brand restaurants in Puerto Rico.
• 2007: Harvest acquired Aquilex which it sold to the Ontario Teachers’ Pension Plan in December 2008.
• 2007: Harvest acquired USS Silica which is a source for industrial sand. They sold to Harbinger Capital Partners in 2007.
• 2009: Harvest purchased Series A Convertible Preferred Units of Regency Energy Partners, LP (NYSE: RGP) of Dallas which develops natural gas properties for growth projects. Harvest had divested by 2013.
• 2010: Harvest invested in Green Bancorp which is a Houston based community bank.
  • 2019: Veritex Bank acquired Green Bankcorp ²
• 2010: Harvest acquired Insight Global which is an Atlanta based IT firm.
• 2010: Harvest acquired Bartlett Holdings, Inc. BHI of Plymouth, Ma which offered services in the energy sector. They sold to AE Industrial Partners in 2017.
• 2010: Harvest made investments in the oil and gas firm Continuum Energy with offices in Ok and Tx.
• 2011: Harvest acquired TruckPro.
• 2011: Harvest acquired Driven Brands from Carousel Capital. Driven Brands owns MAACO and Meineke. They divested in 2016.
• 2011: Harvest acquired Document Technologies, Inc. (DTI) of Atlanta³
  • 2014: Omers Private Equity acquired DTI.
  • 2017: Omers and Harvest merged DTI and Epiq.
• 2011: Harvest acquired Wisconsin based Packer's Holdings which offers outsourced cleaning services.
• 2012: Harvest acquired Garretson Resolution Trust which specializes in complex medical settlements.
• 2012: Harvest acquired FC^x Performance of Columbus, Oh which makes industrial process control products which they sold to Applied Industrial Technologies (NYSE: AIT) in 2018.
• 2013: Harvest acquired AxelaCare which provides home infusion technologies which it sold to UnitedHealth Group (NYSE: UNH) in 2015.
• 2014: Harvest led recapitalization of Athletico of Oakbrook, Ill which is a network of physical therapy practices which it sold to BDT Capital Partners in December 2016.
• 2015: Harvest and Ares Management acquired Valet Waste which offers waste pick up, recycling and amenities for apartments.
  • 1995: Company founded as Valet Waste
  • 2016: Valet Waste acquired Simple Turns which provided carpet cleaning, painting, porter services, and apartment cleaning services in Denver.
  • 2017: Company rebranded as Valet Living (press release)
  • 2017: Valet Living acquired ChoreMate.
  • 2018: Valet Living acquired V.I.P. Waste Services based in Ohio.
  • 2018: Valet Living acquired Invisible Waste Services.
  • 2019: Valet Living acquired Torch Fitness which offers fitness programs in 200 apartment communities.
  • 2019: Valet Living acquired WasteRetriever.
• 2015: Harvest and Cressey & Company recapitalized VetCor to accelerate acquisition of Veterinary practices.
  • 2018: Oak Hill Capital Partners joined in on the capitalization of VetPro.
• 2016: Harvest gained controlling interest of Advanced Dermatology from Audax in a recapitalization effort
• 2016: Omers and Harvest acquired Epic (NASDAQ: EPIQ) for $16.50 per share, approximately $1 billion. This Kansas City firm provides legal services and technology services. ⁴)
  • 2017: Omers and Harvest merged Documents Technology Inc. into Epiq.
• 2017: Harvest acquired AP Emissions Technologies and Centric Parts to create a new autoparts supplier called APC Technologies..
• Harvest acquired PRO Unlimited of Boca Raton, Fl which makes Managed Services Program (MSP) and Vendor Management Software (VMS) from Investcorp.
• 2017: Harvest acquired Dental Care Alliance which was founded in Sarasota, Fl and supports a network of 250 dental practics.
• 2017: Harvest led the recapitalization of Eye Care Services Partners (espmgmt.com) which offers vertically-integrated ophthalmologic services platform in five states.
• 2017: Harvest acquired Material Handling Systems of Perrysburg, Oh which provides repair, maintenance and fleet management services.
• 2018: Harvest acquired Dwyer Group which manages a dozen home service franchises with the brand Neighborly from The Riverside Company.
• 2019: Harvest invested in Integrity Marketing Group which is a Dallas based insurance company*.
  • 2019: Integrity acquired Drennan Insurance Marketing Inc. of Little Rock, Arkansas*.

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References:

1. Wikipedia - Harvest Partners (Drawn 11/12/2019)
2. Harvest - Veritex Completes Acquisition of Green Bank (Drawn 11/12/2019)
3. Businesswire - Harvest Recapitalizes DTI (Drawn 11/12/2019)
4. Harvest Partners - Epiq Acquisition (Drawn 11/12/2019)

Directory Listings:

• Internet Rivers - Private Equity Firms: Harvest Partners

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