Profile
Heartwood Partners is a private equity firm based in Norwalk, Connecticut, founded in 1982. The firm is co-founded by Robert Tucker and focuses on partnering with founder, family, and management-held businesses. Heartwood Partners is known for its unique approach of higher equity and lower debt, allowing management teams to confidently implement growth plans. The firm has a team of 22 professionals and manages over $1.4 billion in assets.
Heartwood Partners invests in sectors such as agriculture, food, specialty chemicals, niche manufacturing, packaging, and industrial services. The firm typically invests in middle-market companies and focuses on growth and expansion stages. Heartwood Partners is currently investing from its Heartwood Partners IV, LP fund. The firm emphasizes a conservative capital structure and strategic execution to support long-term growth.
Notable investments by Heartwood Partners include Roll-Rite - tarp systems, Sur-Seal - sealing solutions, Twitchell Technical Products - engineered textiles, Universal Woods - wood products, and American Leather - custom furniture. These investments highlight the firm's focus on niche manufacturing and industrial services.
Industry
Heartwood Partners Funds
| Name | Type |
|
|
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Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
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Heartwood Partners Continuation Fund
|
Private Equity (PE)
|
Healthcare Services
Marketing and Advertising
Media and Entertainment
Energy
HealthTech
|
Series B
Late Stage (Series C+)
|
North America
|
$5-10 m
|
$245 M
|
November 2025
|
Contacts
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