The Halifax Group has hired Doug Hill as a new partner and member of the firm’s investment committee. Mr. Hill, along with the firm’s other partners, will be active in sourcing, evaluating and executing of new investments.
Mr. Hill has more than 18 years of experience in private equity. Prior to joining Halifax, he was a managing director and member of the executive committee of Nautic Partners where he invested in and served on the boards of 15 middle-market companies in the industrial and business services sectors.
“With the addition of Doug, we have bolstered our partnership ranks with a seasoned professional whose background and experience aligns with our firm’s strategic vision,” said Scott Plumridge, a partner at Halifax. “His complementary investment philosophy and industry expertise make him a terrific fit with the Halifax team. In particular, Doug shares our commitment to partnering with founders and managers to execute a shared strategy that benefits all stakeholders.”
Earlier in his career, Mr. Hill was with H.I.G. Capital and he began his career as a management consultant at Bain & Company. Mr. Hill has a BA from Princeton and an MBA from Harvard.
The Halifax Group invests from $25 million to $75 million of equity in companies with EBITDA from $8 million to $30 million and enterprise values from $50 million to $300 million. Sectors of interest include health and wellness, education, outsourced business services, franchising and infrastructure.
Earlier this year, the firm acquired StrataTech Education Group, a Phoenix-based provider of facility-based post-secondary education with a focus on the welding and heating, ventilation, air conditioning and refrigeration (HVACR) trades.
The Halifax Group, founded in 1999, is headquartered in Washington, DC, and has additional offices in Dallas, TX and Raleigh, NC.
© 2019 Private Equity Professional | November 1, 2019