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Consolidation trend Sep 2021 · Illinois, USA Verified

Tech-24 pursuing consolidation strategy of founder-owned companies

HCI's managing partner framed the Yukon deal as part of a consolidation strategy increasing Tech-24's geographic reach, with HCI focused on partnering with founder-owned companies.

““This acquisition is part of our consolidation strategy that is increasing Tech-24’s geographic reach and making it a strong competitor to service Illinois’ largest retailers and retail chains,” said Doug McCormick, HCI’s managing partner. “Yukon is a great example of how HCI is focused on partnering with founder-owned companies to help them expand and thrive in today’s markets.””

Entities

HCI Equity Partners · Sponsor Tech-24 · Platform
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