Collaborating with each player to drive extraordinary results for our partners & stakeholders with lower-middle market businesses & real estate investments

Over several decades, either as an Owner-Operator or as a private equity investor group steering growth companies, we leverage our versatile playbook focused on value creation, business scaling, and operational excellence. We provide functional expertise both internally and from external sources within our extensive network, inject essential capital, and do whatever it takes to realize extraordinary outcomes for our partners & all stakeholders.

STRATEGIC VISION. COLLABORATION.Approach
Like writing the score of a beautiful piece of music, we begin each unique investment with a blank sheet of paper and with great vigor develop a strategic vision and plan in collaboration with management, partners, and all stakeholders to execute for the exceptional with both our results and the overall experience.

In every venture, we actively cultivate a network of strategic collaborators, each bringing a distinctive role and collectively the necessary core competencies required for each unique investment. We do this never losing sight that first and foremost we work for our shareholders as well as other stakeholders. We firmly believe in the value of all these relationships that we share and of every individual, recognizing that our leadership role within this collaboration is integral to driving success for all.

We do all this with humility, understanding what we don’t know and let those that do, excel at their particular expertise, providing them with encouragement and support, but without micro-management.

COLLARBORATIVE
FLEXIBILITY
CREATIVITY
RESPONSIVENESS
Our Core Principles
Guide Us in All We Do
SUCCESS ALIGNMENT
STRATEGIC
TRUST
JOY
Lower-Middle Market Industry Sectors
While we are opportunistic in the transactions we pursue, our focus sectors include:

Business & Professional Services

Consumer Products & Services

Financial, Insurance, & Risk Management Services

SPECIALTY CONSULTING

promotional_products icon

PROMOTIONAL PRODUCTS

Industrial & Outsourced Services

NICHE & SPECIALTY MANUFACTURING

Niche Value-Add Distribution


EBITDA

$1-$10MM+


Revenue

$10MM-$100MM+


Equity Structure

Flexible Structures

Control, minority, and/or various partnership structures

Extensive internal capital and equity sources, including from a long-term investor base of high-net-worth individuals & family offices

Characteristics

  • Strong Management Teams
  • We enjoy seller ownership & partnership providing significant upside in the go forward investment
  • Flexible with any needed management transitions or supplemental management situations
  • Successful Financial & Cash Flow Histories
  • Significant Organic growth opportunities
  • Barrier to entry/Marketplace advantage
  • Potential acquisition platform

Geography

We are more opportunistic focused than geographic focused. As such we seek investments anywhere in the United States.


However, based on a long successful track record in our region, we optimize opportunities in Northeastern Ohio and the Great Lakes region.


Business Owners: Entrepreneurs & Families

While we have worked with many types of sellers over the decades, we are uniquely positioned as a buyer of choice for entrepreneurs and families. This is due to our flexible approach and the desire for many sellers who are seeking both liquidity and the right partner to collaborate with in the go forward entity to grow the business to the next level. Being nimble and flexible in our approach we can address the unique issues that often face sellers of these closely held business, including:

unique management needs, employee, and family member considerations, legacy issues, community aspects, and an array of other both economic and “soft” but meaningful issues. We are available and interested in beginning conversations with business owners before contemplating the liquidity event to help through the exploration, positioning, and strategy of such a transaction

Executive Partners

As part of collaborative approach we especially enjoy the opportunity to partner with exceptional industry executives seeking to acquire and/or operate or otherwise participate in their existing or a new business opportunity alongside us. Here we provide full economic alignment with our joint success


Family Offices & Partners

Today there are an array of other types of investors seeking partners to do deals. Given our flexible approach, we are very adept to these types of collaborations. Whether you are another family office seeking a partner to execute on a transaction, an independent sponsor seeking either equity resources or deal execution assistance (or both), or simply an entrepreneur looking for a partner, we would welcome the opportunity to explore these types of partnerships to create a “1 + 1 =3” outcome and full economic alignment for our joint success.

Intermediaries

We derive immense satisfaction from our extensive relationships and history collaborating with advisors and other third-parties, a core element of our strategy. Whether you're a investment banker, buy-side search professional, broker, attorney, accountant, consultant, service provider, a sponsor, or any trusted advisor, we flourish in these partnerships. We are committed to delivering confidentiality, responsiveness, applicable economic alignment, transparency, trust, and transaction certainty to you and your clients or relationships.

Real Estate
For decades we have been following our collaborative partnership model within the real estate asset class.

Here we partner with best-in-class real estate owners, manager/operators, and developers. We seek opportunities with favorable, often a value-oriented, risk adjusted return profile for us and our investors. We are opportunistic in our approach within several market segments with a focus in multi-family, industrial, and retail real estate. We would welcome conversations to explore opportunities to partner with owners, managers, developers, and other sponsors.



multi-family

MULTI-FAMILY

real-estate-industrial

INDUSTRIAL/FLEX

RETAIL/SHOPPING CENTERS

opportunistic-situations

Opportunistic Situations

Carnegie-Herman...
An active partnership & strategy

Herman Equity Partners and Carnegie Companies, Inc. are currently in a venture to acquire smaller, (40,000-250,000 Sq. Feet), value-oriented, service focused neighborhood shopping centers throughout the U.S. We currently own several of these property types together (within various partnership/other sponsorship structures) and plan to continue to execute on this strategy.

Carnegie Companies, Inc. is a national best in class, 4th generation family owned, Cleveland-based fully integrated real estate operation with controlling interests in over 40 properties. Carnegie's in-house capabilities include: underwriting, financial, management, leasing, and construction. Carnegie and HEP have enjoyed a decades long relationship and partnership and have opportunistically invested together in a variety of asset classes as well with other managers/developers. We would welcome conversations to explore such opportunities.




Real Estate Investments in the
Strategy & Carnegie
Carnegie Companies
Lower-Middle Market Investments
Select Current Investments & Experience
Royalty Logo
Drake Waterfowl Systems
MCC-Biovac Logo
LFG Service Partners, Inc.
Royalty Logo
Promotional Capital LLC
Select Prior Investments & Experience
Royalty Logo
Alex N. Sill Company
Royalty Logo
Hoodmart
Royalty Logo
Convenience Valet
Royalty Logo
Incentive Merchandising Corp.
Royalty Logo
Equity Media LLC
Who We Are. Meet our “Conductor"

Managing Partner

A lifelong entrepreneur & private equity investor


brent-b

John Herman

Managing Partner

john@hermanequitypartners.com

Having literally started out in grade school as an entrepreneur in the promotional products industry, John has a multi-decade successful track record to draw from in an array of industries and experiences. Right out of college John continued building his promotional product distribution business to eventually become in the top 1% industry wide prior to being acquired by industry leader Halo Branded Solutions in 1999. Since that time, John and through Herman Equity Partners have owned and operated other businesses and/or executed several private equity transactions directly or in partnership with other investment groups in several industries, including: consumer products, business & financial services, insurance services & specialty consulting, manufacturing, direct marketing, publishing, and with several real estate investments. Beyond the internal capital and strategic deal partners, John has the pleasure and is most grateful to work alongside a significant investor base of other family offices and high net worth individual stakeholders who have participated in multiple HEP related investments and over many years.

John has a long history of civic involvement in the Cleveland community, including as a past member of the Board of Directors of the Jewish Federation of Cleveland, Jewish Family Service Association, Montefiore Home, Rose Centers for Aging Well, and leadership positions with Case Western Reserve University, University School, and currently is a member of the Board of Directors of Piano Cleveland. He is a graduate from the University of Miami. John and his wife have two dog “children” and a wonderful extended family. John has a great appreciation and interest in nature and the outdoors, animal welfare, theater, jazz, and as one might have guessed from this website, enjoys and is an enthusiast of classical music.

Contact
Are you seeking an extraordinary investment outcome and enjoy the experience?

Let’s talk.


216.595.6969

www.hermanequitypartners.com
Mailing address:

P.O. Box 22251
Cleveland, Ohio 44122

Office Address:

6190 Cochran Road Suite A
Cleveland, Ohio 44139