HKW Acquires Handling Systems and Conveyors

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INDIANAPOLIS--(BUSINESS WIRE)--Feb 19, 2026--

HKW, a middle-market private equity firm focused on growth companies, has acquired Handling Systems and Conveyors, Inc. (“HSC”).

HSC is a vertically integrated designer, manufacturer, installer and service provider of crane, hoist, conveyor and tooling solutions serving aerospace & defense, industrial manufacturing and transportation end markets. Founded in 1992, HSC provides engineered material handling systems and aftermarket services that support automation, productivity and safety across complex manufacturing environments.

“Partnering with HKW provides us with additional resources to expand our capabilities while continuing to deliver the high level of service our customers expect,” said Andy Everett, President & CEO of HSC. “We are excited to enter this next chapter alongside a partner that supports our team and long-term vision for growth.”

“HSC fits squarely within HKW’s focus on technical industrial businesses that serve growing end markets and can benefit from the drive toward in-plant productivity and automation,” said Devraj Roy, Partner at HKW. “We look forward to working alongside the management team to support the Company’s growth strategy.”

“We see significant growth opportunities ahead for HSC, including expanding service penetration across its installed base, investing in new geographic locations and pursuing strategic add-on acquisitions,” added Alex Johnson, Vice President at HKW. “We believe the business is well positioned to build on its strong foundation and accelerate growth in the years ahead.”

The financial terms of the transaction were not disclosed.

About Handling Systems and Conveyors

Handling Systems and Conveyors, Inc. is a vertically integrated provider of crane, hoist, conveyor and tooling solutions serving aerospace & defense, industrial manufacturing and transportation customers. The company delivers engineered systems, installation, maintenance, inspection and aftermarket services that support mission-critical material handling applications. For more information on HSC, please visit www.hsc-lr.com.

About HKW

HKW is a middle-market private equity firm investing in companies with talented management teams in the U.S. and Canada. HKW targets companies in the manufacturing, distribution, and business services sectors. Since 1982, HKW has sponsored 73 platform transactions of lower middle-market companies throughout North America and 81 add-on acquisitions. For more information on HKW, please visit hkwinc.com.

Advisors

Taft Stettinius & Hollister LLP served as legal advisor to HKW. Brookside Capital Partners, LongWater Capital Solutions and Siguler Guff & Company, LP provided financing for the transaction. BMO Capital Markets served as financial advisor and Jackson Walker LLP served as legal advisor to HSC.

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CONTACT: Jim Snyder

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KEYWORD: UNITED STATES NORTH AMERICA INDIANA

INDUSTRY KEYWORD: OTHER MANUFACTURING CONSTRUCTION & PROPERTY STEEL ENGINEERING BUSINESS PROFESSIONAL SERVICES MANUFACTURING BUILDING SYSTEMS MACHINERY

SOURCE: HKW

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PUB: 02/19/2026 09:00 AM/DISC: 02/19/2026 09:00 AM

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