HKW Hires Vice President as Focus in the Technology Sector Expands    

Rick Ammar will focus on investing in high-growth technology and technology-enabled companies

INDIANAPOLIS–(BUSINESS WIRE)–HKW, an Indianapolis-based middle-market private equity firm, today announced Rick Ammar has joined the firm as vice president. Mr. Ammar will serve in a senior role as part of HKW’s expanding technology efforts.

“Rick’s track record of investing in high-growth technology and technology-enabled businesses will make for a seamless transition to HKW and our growing technology mandate,” said Jeff Bistrong, Partner at HKW. “His industry relationships, along with his insights into the technology and the current deal environment, immediately provides HKW with an incredibly well-rounded perspective.”

Mr. Ammar has experience in sourcing transactions as well as leading deal teams through the full life cycle of transactions. Mr. Ammar began his career at Goldman, Sachs & Co. in their Americas Special Situations Group, where he helped lead investments in the technology sector, and has additional investment experience at Macquarie Group, the family office of Forbes list high net-worth individual, and Perry Capital.

“Rick’s experience investing across the capital structure – control buyouts, minority growth equity, structured capital – will allow him to hit the ground running and immediately serve as a valuable resource for our team,” said Daniel Kim, Partner at HKW. “We believe the current deal environment requires a thoughtful and collaborative approach, and we’re confident Rick will help HKW take advantage of today’s opportunities.”

Mr. Ammar is based in HKW’s New York office. He received his Bachelor of Science in Economics with a concentration in Finance, magna cum laude, from the Honors Program of The Wharton School of the University of Pennsylvania as a Joseph Wharton Scholar.

About HKW

HKW is a middle-market private equity firm investing in companies with talented management teams in the US and Canada. HKW targets companies in the Business Services, Health & Wellness, and Technology sectors. Since 1982, HKW has sponsored 63 platform transactions of lower middle-market companies throughout North America, as well as 69 add-on acquisitions. For more information on HKW, please visit hkwinc.com.

Contacts

Jeremy Milner

BackBay Communications

401-862-9422

jeremy.milner@backbaycommunications.com