We partner with management teams of established businesses to create long-term value by enhancing operational effectiveness, employing a disciplined growth strategy and pursuing tuck-under acquisitions.
Private Investments
Real Estate
We seek to acquire high quality, income producing real estate in irreplaceable locations with the aim of curating a collection of proud-to-own assets around the world.
How Are We Different?
FREEDOM TO ACT
We do not have institutional sources of capital imposing restrictions on our investment style or dictating when we can realize on our investments. Instead, we invest our own private capital, giving us the freedom to invest for the long term, the ability to act quickly, and the flexibility to pursue opportunities others cannot.
SKIN IN THE GAME
Unlike other firms, whose partners bear little to no financial risk in a transaction, we always invest a significant amount of our own capital in each investment. There is no better way to show our operating partners that our interests are aligned than by sharing in the upside, and in the downside, of our investments in a meaningful way.
CULTURE COUNTS
We operate in a non-bureaucratic and entrepreneurial fashion, unconstrained by the demands of a board of directors, investment committee or outside investors. Because we commit our own money to each investment, we answer to ourselves, not to others. Like our partners, we are able to move decisively when opportunity strikes.
Our Partnership Approach
We identify, invest in and help grow great businesses owned and managed by proven entrepreneurial leaders.
Typically we are control investors but our unique structure allows us to consider minority investments as well. While our operating partners retain authority over the day-to-day management of the business, Hennick&Co creates value by enhancing operational effectiveness, pursuing add on acquisitions, and leveraging our knowledge and relationships to accelerate growth.
Because our focus is on providing intensive support to operating partners who want to grow their enterprise, we complete only a handful of investments per year. We are not on the senior management team, nor do we direct daily decision making. We are available when you need us, not when we think you need us.
We are eager to hear about businesses which:
- Demonstrate consistent and long-term earning power
- Have proven management teams willing to retain equity
- Are growth oriented and highly scalable
Private Investment Criteria
Hennick&Co partners with industry leaders who are open-minded to possibilities, challenge conventional wisdom and have a passion for growth and evolution. We look for opportunities which meet the following criteria:
- Situation. Open to investing in any industry or geography, in private or public businesses, and in majority or minority positions.
- Industry. Agnostic but with specific interest in Professional, Property, Financial and Healthcare Services.
- Geography. Worldwide, but with a particular focus on markets where we have connections that can be leveraged.
- Size. Revenue in excess of $50 million and EBITDA in excess of $5 million.
- Type. Management Buy-Outs, Family Owned Businesses, Go-Private Transactions
Transactions/Opportunities in which we can be helpful include:
MANAGEMENT BUY-OUTS
FAMILY OWNED BUSINESS
GO PRIVATE TRANSACTION
Real Estate Investment Criteria
The Hennick Group targets high quality, income producing real estate in irreplaceable locations with the aim of curating a collection of proud-to-own assets around the world. We’re focused primarily on urban properties in key gateway cities that we can own forever.
In particular we look for properties that meets the following criteria:
- Strategy: Stabilized and income producing; light-value add
- Tenancy: Strong tenancy, covenant and term
- Quality: High-quality, newly built or unique properties; limited ongoing or near-term capital expenditures
- Class: All asset classes, including urban retail, mixed-use properties, hotels, industrial, office, cover-land.
- Geography: Major metropolitan locations throughout North America and Western Europe
The Hazelton Hotel, Toronto
Mandarin Oriental Retail, Boston
Bridge Tower Place Retail, New York
