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Office Locations:
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333 Bush Street, Suite 2100
San Francisco, CA 94104
Phone: 415-788-8680
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Business Services
Consumer Products & Services
Manufacturing & Industrial
Software & Internet
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Founded in 1994, Hanover acquires U.S. based middle market companies with operating earnings of at least $1.5 million. The firm prefers to invest in companies with consistently historical, profitable revenues from $8-$60 million, EBITA of $1.5 million-$8 million and EBITA margins of at least 10%. Gross Margins over 25%, indicating strong market position & differentiated products. Hanover has invested in 14 companies in a variety of industries and has a focus on proprietary products, industrial technology, capital equipment, and engineered systems. For nearly 25 years, Hanover Partners has teamed with exceptional CEOs to build market leading engineered product companies.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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COMPANY STAGE | REVENUE |
Venture Capital | |
Seed Stage (includes "pre-seed," or concept stage) | No Revenue |
Early Stage | Minimal Revenue |
Growth Stage (also called Mid-stage) | $2M-$7M |
Expansion Stage (also called Late-stage) | $7M and greater |
Private Equity | |
Lower Middle Market | $10M-$249M |
Middle Market | $250M-$499M |
Upper Middle Market | $500M-$1B |
Large Cap | >$1B |
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