Hermitage Equity Partners

Hermitage Equity Partners is a private equity investment firm based in Dallas, Texas, founded in 2009. The firm focuses on middle-market investments, aiming to develop market-leading companies in collaboration with experienced management teams. Hermitage Equity Partners targets a diverse range of sectors, including industrials, food processing, business services, healthcare, aerospace, oil and gas, and technology. Through strategic partnerships and investments, the firm seeks to enhance the growth and operational efficiency of the companies in which it invests.

Joseph Binkley III

Co-Founder and President

4 past transactions

aito.ai

Pre Seed Round in 2019
Aito.ai, founded in 2018 and based in Helsinki, Finland, operates a predictive database designed for developers seeking rapid deployment. This innovative platform utilizes existing relational datasets to generate predictions and recommendations, enabling users to validate ideas, build prototypes, and implement solutions in production without significant upfront investment in AI projects. Aito.ai has garnered attention from both large corporations, such as IKEA, and high-growth startups like Freska. The company has received backing from notable figures in the tech industry and has been featured in prominent publications, highlighting its relevance and impact in the field of predictive technology.

Ping An Healthcare Management

Series A in 2018
Ping An Health has established a worldwide medical cooperation network and a customer service response system; both designed in order to provide group and individual customers with complete medical benefits, health care, and consultation services. Ping An Health has an advanced information management system which enables them to provide customers with 24-hour English/Chinese bilingual call services and emergency assistance services in major countries and regions around the world. Ping An Health was established on June 13, 2005 upon the approval of the China Insurance Regulatory Commission (CIRC) , as a professional health insurance company under Ping An Insurance (Group) Company of China, Ltd (otherwise referred to as “PAG”). The company, headquartered in Shanghai, has a registered capital worth of RMB 625 million. In August 2010, Ping An Health entered into a joint venture with Discovery, the largest health insurer in South Africa, which identified Discovery a strategic investor in to Ping An Group. With its global network, Ping An Health has an extensive business scope covering health insurance, accidental injury insurance, health insurance mandated by government, health consultation services, and health reinsurance.

Bentec Medical

Acquisition in 2017
Bentec Medical specializes in the development and manufacturing of medical devices and OEM components using medical-grade silicone and PVA materials. The company serves a diverse range of clients, including some of the largest names in the medical device industry, by providing comprehensive services that encompass design, engineering, and prototyping. Bentec's expertise includes custom silicone fabrication techniques such as molding, extrusion, calendering, casting, and assembly of high-performance components. Additionally, the company offers design consultation for manufacturability, iterative prototyping, and regulatory support, ensuring that its clients consistently meet their product quality expectations in a cost-effective manner.

BFC solutions

Private Equity Round in 2014
BFC Solutions is an air filtration company based in Nashville, Tennessee, specializing in the manufacture, sale, and servicing of a wide range of air filtration products, including pleated filters, bag house filters, and molecular filters for odor removal. Founded in 2014, BFC Solutions has established itself as a trusted provider in the HVAC industry, servicing over 8,000 customer sites weekly. The company caters to a diverse clientele, including Fortune 500 companies, convenience stores, restaurants, and facilities management organizations. In addition to air filtration systems, BFC Solutions offers preventive maintenance services such as coil cleaning, site inspections, and air filter replacements, helping clients maintain operational efficiency and achieve sustainability goals. BFC Solutions is also a founding member of the National Air Filtration Association, underscoring its commitment to industry standards and practices.
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