We partner with founder-owned businesses in the Southeast to compound long-term value.
Firm Overview
Hobey Capital Group takes a focused, hands-on approach to investing in and supporting the growth of founder-owned businesses. We focus on three industries where we and our network of industry operators have decades of operating experience. We acquire platforms with 100% equity (no debt), allowing all operational cash flow to be reinvested into hiring, market expansion, and add-on acquisitions.
Investment Profile
Annual Earnings
$1–5 million
$250k minimum for add-ons
Geography
Southeast
SC, NC, TN, GA, FL, VA, AL, MS
Ownership
Founder or family
First institutional capital
Industry Focus
Property management
- Single family
- Small multifamily
- HOA management
Non-hazardous liquid waste
- Grease trap cleaning
- Septic pumping and maintenance
- Industrial liquid waste
Specialty manufacturing
- Regulated end markets
- Proprietary equipment or process
- Specialty materials and coatings
Hobey Operating Partner Network
Industry veterans who work in partnership with Hobey.
Our operating partners have run companies in our three target industries or are subject-matter experts in the functions that drive growth: sales and marketing, operations, technology, and M&A. They are involved across the life of an investment including pressure-testing diligence, sharpening strategy, and executing alongside management.
Board & advisory
Strategy, industry relationships, and governance.
Short-term projects
Diligence, pricing, systems, M&A integration, and others.
Full-time operators
Embedded operators running the business day to day.
Example advisors
Property management
- Founder & CEO of regional platform (exited)
- Former property management M&A executive
- Regional property manager overseeing >2K doors
- Property management maintenance coordinator
Specialty manufacturing
- Founder & COO, >$10M specialty materials
- Medical manufacturing operations executive
- Former executive, aerospace manufacturing
- Senior supply chain executive
Non-hazardous waste
- Founder & CEO of regional platform (exited)
- Former operations leader
- Former route dispatcher
- Former sales & marketing leader
Growth functions
- Former go-to-market executive
- Former chief marketing officer
- Former SVP, M&A integrations
- ERP implementations leader
How We Invest
We structure each deal to meet the seller’s objectives, from a full buyout with a short leadership transition to a minority investment where we bring capital and expertise to grow through M&A. In every case, our priority is to provide continuity for employees, customers, and vendors while positioning the business to grow.
Our Approach
People come first
We build cohesive, high-capability teams that work toward our collective long-term goals. We increase headcount, open up company communication, and support with talent where needed.
We stay focused
We intensely focus on no more than three critical objectives. We agree on the three together, we measure the inputs we know will achieve them, and we say no to nearly everything else.
We invest for the long term
Growth is not a straight line. We evaluate every investment with a long-term view, unbothered by the near-term cost when we have conviction that it compounds for years.
Our Firm Values
Integrity
We do the right thing, every time.
Urgency
We move quickly and decisively.
Accountability
We do what we say we will do.
Humility
Everyone is someone we can learn from.
Who We Are
Leadership that works alongside you
We were Princeton hockey teammates before spending nearly a decade investing in and operating private companies of all sizes. We’ve closed dozens of transactions worth over $10 billion of enterprise value, served on numerous boards, and led value creation initiatives across several industries. We invest our own capital in every deal and take a long-term view of how we operate and, most importantly, how we treat people.
Contact us: team [at] hobeycapitalgroup [dot] com