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Buyout PE

Hastings Equity

Hastings Equity acquires controlling stakes in established, profitable businesses, from Boston, Massachusetts, USA. It states a focus on software & internet, business & professional services and industrials & manufacturing.

Capital raised$446macross 4 SEC-filed vehicles
Most recent fund2022filing since 2018
HeadquartersBoston, Massachusetts, USA
Largest single fund$130m

Stated investment criteria

What Hastings Equity says it buys

Read from Hastings Equity’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Revenue it states$20m to $200m1
EBITDA it states$5m to $20m1
Transaction typesPlatform, Add-on1
Founded20043
People listed on its team page32

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Hastings Equity to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Hastings Equity has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed4
Total capital raised$446m
Largest single vehicle$130m
Filing history2018 to 2022
Smallest accepted commitment$50k
Filed fromMASSACHUSETTS

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Hastings Equity is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$498m
Employees13
Private funds advised6 · $491m gross
SEC adviser numberCRD 167499

Valuation context

Transaction values in Software & Internet

What companies have actually sold for in software & internet, across 2,672 recorded transactions.

Median consideration$80m
Middle 50%$20m-$250m
Revenue multiple2.2×
EBITDA multiple10.9×

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Comparable investors

Similar mandates

Other buyout pe investors active in software & internet.