Hidden Harbor Capital Partners, an operationally focused private equity firm specializing in control investments in lower middle market companies, has announced the recapitalization of Teckrez, LLC. Based in Jacksonville, FL, Teckrez is a leading provider of high-quality tackifier resin and acrylic monomer solutions, providing market expertise, logistics support, proprietary formulations, and packaging capabilities enabling quality and security of supply to its customers. Grace Matthews, Inc. served as financial advisor to Teckrez on the transaction.

"The Teckrez team has differentiated product expertise allowing the company to deliver a strong value proposition to the market," stated Chris Paldino, Partner at Hidden Harbor. "We are thrilled about this partnership and look forward to supporting Teckrez's ‘customer first’ mission and goals to expand its market leadership."

Joining forces with Hidden Harbor presents an incredible opportunity for Teckrez to continue to enhance our offerings and expand alongside our customers," said Marc Jackson, President & CEO of Teckrez. "Our shared commitment to customer-centric innovation and growth will drive Teckrez to new heights of success."

Tom Eckhardt, founder of Teckrez, will remain an investor in Teckrez and serve on its Board of Directors. Hidden Harbor’s recapitalization of Teckrez closed on November 30, 2023. Terms of the transaction were not disclosed.