
Heartwood Partners is proud to announce its recognition as a 2025 Top 50 PE Firm in the Middle Market for the fourth consecutive year. The Top 50 PE Firms in the Middle Market is an award to acknowledge highly reputable, small and mid-sized private equity firms that have great teams, significant deal flow, persistent fundraising, and exceptional track records. Private equity firms on the 2025 TOP 50 PE list have earned the trust of business owners, investors, and colleagues.
“While large private equity firms tend to draw most of the attention, we know that middle market M&A activity is driven by small and mid-sized firms. This year’s TOP 50 PE list is impressive. We are proud to support these leading middle market private equity firms whose relentless pursuit of excellence leads to significant advantages for their portfolio companies and limited partners.” Kerry Grady, Program Founder
“We’re proud to receive recognition from GCI Publishing as a Top 50 PE firm in the middle market for our continued commitment to partnering with founder, family, and management-owned businesses for the fourth year in a row,” said Demetrios Dounis, Managing Partner of Heartwood Partners. “Heartwood’s lower leverage, current cash yielding approach, creates an attractive model for owners and management team partners. Our remarkably different approach provides us with access to exceptional companies and importantly enables us to accelerate EBITDA growth, build value through true value creation initiatives and drive towards a successful outcome for our investors.”