Platform investment
HKW acquired Handling Systems and Conveyors
2026-02-19
Source: businesswire.comPE Firm · Capital Allocator
Last verified
11/1/2026
Firm Overview
45
Portfolio tracked
3
Sectors
0
Regions
11/1/2026
Last verified
The firm focuses on control equity buyouts of growth-oriented companies in the manufacturing, distribution, and business services sectors. They target companies with EBITDA between $3 million and $30 million located in the US and Canada.
HKW is a private equity firm that utilizes a data-driven methodology to power a Four Pillar structure. This approach is an organizational structure used to identify opportunities through a deal-sourcing model, assess opportunities, collaborate with companies on operational initiatives, and consider exit strategies starting from the day a deal closes.
The firm leverages technology as part of its methodology to find, create, and sustain value in its companies. They partner with management teams to build and grow businesses, with a specialized team structure where roles are coordinated across each of the firm's pillars.
HKW has a history spanning over 100 years. The firm maintains an annual deal review target of over 1000 opportunities to find specific sectors where they can apply their skills and perspective.
Leadership
Paul Hammond
Founder
Paul Hammond founded the firm as a merchant bank in New York City in 1903.
Robert J. Kennedy
Leader (Historical)
Robert J. Kennedy joined the firm in 1947 and expanded the focus to include mergers and acquisitions.
Ralph “Roy” Whitney
Leader (Historical)
Ralph “Roy” Whitney joined the firm in 1971 and led the first management buyout in 1982.
Glenn Scolnik
Former President & CEO
Glenn Scolnik was named President & CEO of HKW in 1998.
Jeff Wood
Former CEO
Jeff Wood became CEO in 2009, having previously served as a portfolio company CEO.
Ted Kramer
Chief Executive Officer, Partner
Mike Foisy
President, Partner
Laurence Lederer
Partner
Devraj Roy
Partner
Jim Snyder
Partner
Kent Robinson
Partner
Narine Kazarova
Director of Marketing and Investor Relations
Mike Hilliard
Operating Executive
Operating Executives are leaders in their respective fields who provide industry guidance to HKW and its portfolio companies.
Dave Morrow
Operating Executive
Operating Executives are leaders in their respective fields who provide industry guidance to HKW and its portfolio companies.
Daniel Kim
Senior Adviser
Senior Advisers are leaders in their respective fields who provide industry guidance to HKW and its portfolio companies.
Deals on record
3 on record in the indexPlatform investment
HKW acquired GCR
Date not stated
Source: rwbaird.comPlatform investment
HKW acquired Electric Equipment & Engineering Co
Date not stated
Source: hkwinc.comDeals are listed only where a public source names both sides. Submit a correction.
Portfolio on record
Portfolio by sector
- Unclassified43 of 45
- Consumer1 of 45
- Industrials1 of 45
45 portfolio companies on record in the index, grouped by sector hub.
Current and exited
Current: 19 of 45Exited: 26 of 45
Portfolio size among all firms
45 companies on record, more than 61% of the 405 firms in the index.
0885 companies (log scale)
Portfolio Companies
| Company | Sector | Status | Website |
|---|---|---|---|
| AliMed, Inc. * | Not on record | Current | Not on record |
| Allied Vision Group | Not on record | Current | Not on record |
| Baldwin Technology Company | Not on record | Exited | Not on record |
| C&J Spec-Rent Services | Not on record | Exited | Not on record |
| C&M Conveyor | Not on record | Exited | Not on record |
| CIS Secure | Not on record | Current | Not on record |
| Civix | Not on record | Current | Not on record |
| CMIT | Not on record | Current | Not on record |
| Coast Composites | Not on record | Exited | Not on record |
| Coeur | Not on record | Exited | Not on record |
| Control Devices | Not on record | Exited | Not on record |
| Culture Partners | Not on record | Current | Not on record |
| dominKnow | Not on record | Current | Not on record |
| Draup | Not on record | Current | Not on record |
| Duncan Systems | Not on record | Exited | Not on record |
| Effox | Not on record | Exited | Not on record |
| Electric Equipment and Engineering Co. (“EEE”) * | Not on record | Current | Not on record |
| Excel Industries | Not on record | Exited | Not on record |
| Flutes | Not on record | Exited | Not on record |
| Golden Country | Not on record | Current | Not on record |
| Grobet File Company of America | Not on record | Exited | Not on record |
| Handling Systems and Conveyors, Inc. * | Not on record | Current | Not on record |
| Holbrook-Patterson | Not on record | Exited | Not on record |
| Horton Enterprises | Not on record | Exited | Not on record |
| Indigo Wild | Not on record | Current | Not on record |
| Infab | Not on record | Current | Not on record |
| JMFA (John M. Floyd & Associates) | Not on record | Current | Not on record |
| Maine Industrial Tires | Not on record | Exited | Not on record |
| Maxon | Not on record | Exited | Not on record |
| Midwest Engineered Products (CentraSep) | Not on record | Exited | Not on record |
| Miltco Enterprises | Not on record | Exited | Not on record |
| Nyloncraft | Not on record | Exited | Not on record |
| OakRiver Technology | Not on record | Exited | Not on record |
| PANOS brands | Not on record | Current | Not on record |
| Polymer Technologies | Not on record | Exited | Not on record |
| Qualis Enterprises | Not on record | Exited | Not on record |
| Reinhold Industries | Not on record | Exited | Not on record |
| Seneca Enterprises | Not on record | Exited | Not on record |
| Sepratech Liquid Solutions * | Not on record | Current | Not on record |
| Signstrut | Not on record | Exited | Not on record |
| Total E&S | Not on record | Exited | Not on record |
| TRSB Traductions Serge Bélair inc. | Not on record | Current | Not on record |
| Tubular Textile Machinery (d/b/a Navis Global) | Not on record | Exited | Not on record |
| UAG | Not on record | Current | Not on record |
| Watershield Industries * | Not on record | Current | Not on record |
Firms that also back HKW's companies
Co-investor web
Line width shows shared portfolio companies on record in the index. Top 3 co-investors shown.
Blue Sage Capital1 shared company
High Road Capital Partners1 shared company
The Riverside Company1 shared company
Questions about HKW
- What deals has HKW done recently?
- The most recent deal on record here is: HKW acquired Handling Systems and Conveyors (2026-02-19). This page lists 3 deals, each with its public source.
Sources for this profile, updated 2026-11-01
- Firm website
- Public portfolio page
- Deal reports (3), linked beside each deal
This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with HKW and does not provide investment advice.
More PE firms in Manufacturing
Hony Capital
Beijing, China
PharmaceuticalsHealthcare
A&M Capital PartnersGreenwich, United States
Government ServicesIndustrial
The Sterling GroupNot on record
Industrial sectorConstruction supply distributors
NMS CapitalNot on record
Business and financial servicesReal estate
Ara PartnersHouston, USA
Industrial and manufacturingChemicals and materials
Tinicum
Not on record
ManufacturingDistribution
3G CapitalNew York City, United States
Food productsRestaurants
Adelis Equity PartnersNot on record
Business ServicesTech & Software
Browse the full PE firms directory.