Portfolio Highlights

HMS Income Fund closed to new investors on September 30, 2017.

HMS Income Fund continues to expand its portfolio of carefully selected investments. As of September 30, 2018, the portfolio was well-diversified with debt investments in 118 companies and equity investments in 49 companies representing 41 business sectors1 in the middle-market and lower-middle market.

Portfolio Highlights

HMS Income Fund has made investments in the following companies:

    • AAC Holdings, Inc.
    • Adams Publishing Group, LLC
    • ADS Tactical, Inc.
    • Aethon United BR, LP
    • AFG Capital Group, LLC
    • Allen Media, LLC
    • Allflex Holdings III Inc.
    • American Nuts, LLC
    • American Scaffold Holdings, Inc.
    • American Teleconferencing Services, Ltd
    • Apex Linen Service, Inc.
    • APTIM Corp
    • Arcus Hunting, LLC
    • Arise Holdings, Inc.
    • ASC Ortho Management Company, LLC
    • ATI Investment Sub, Inc.
    • ATX Networks Corp
    • BarFly Ventures, LLC
    • BBB Tank Services, LLC
    • Berry Aviation, Inc.
    • BigName Commerce, LLC
    • Binswanger Enterprises, LLC
    • Bluestem Brands, Inc.
    • Boccella Precast Products, LLC
    • Brewer Crane Holdings, LLC
    • Brightwood Capital Fund Investments
    • Brundage-Bone Concrete Pumping, Inc.
    • Buca C, LLC
    • BW NHHC Holdco, Inc.
    • Cadence Aerospace, LLC
    • CAI Software, LLC
    • Cenveo Corporation
    • Chamberlin HoldCo, LLC
    • Charlotte Russe, Inc.
    • Charps, LLC
    • Clad-Rex Steel, LLC
    • Clarius BIGS, LLC
    • Clickbooth.com, LLC
    • Construction Supply Investments, LLC
    • Copper Trail Energy Fund I, LP
    • CTMH, LP
    • CTVSH, PLLC
    • Datacom, LLC
    • Digital Products Holdings LLC
    • Digital River, Inc.
    • Direct Marketing Solutions, Inc.
    • DTE Enterprises, LLC
    • Dynamic Communities, LLC
    • Elite SEM, Inc.
    • Epic Y-Grade Services, LP
    • Evergreen Skills Lux S.á r.l. (d/b/a Skillsoft)
    • Extreme Reach, Inc.
    • Felix Investments Holdings II, LLC
    • Flavors Holdings, Inc.
    • Freeport Financial Funds
    • Gamber-Johnson Holdings, LLC
    • GoWireless Holdings, Inc.
    • GRT Rubber Technologies, LLC
    • Guerdon Modular Holdings, Inc.
    • Gulf Publishing Holdings, LLC
    • Harris Preston Fund Investments
    • Hawk Ridge Systems, LLC
    • HMS-ORIX SLF LLC
    • Hojeij Branded Foods, LLC
    • Hoover Group, Inc.
    • Hunter Defense Technologies, Inc.
    • HW Temps LLC
    • Hydrofarm Holdings LLC
    • iEnergizer Limited
    • Implus Footcare, LLC
    • Industrial Services Acquisitions, LLC
    • Inn of the Mountain Gods Resort and Casino
    • Intermedia Holdings, Inc.
    • IronGate Energy Services, LLC
    • Isagenix International, LLC
    • Jackmont Hospitality, Inc.
    • Jacuzzi Brands LLC
    • Joerns Healthcare, LLC
    • Kellermeyer Bergensons Services, LLC
    • LaMi Products, LLC
    • Larchmont Resources, LLC
    • L J Host Merger Sub, Inc.
    • Logix Acquisition Company, LLC
    • LSF9 Atlantis Holdings, LLC
    • Lulu's Fashion Lounge, LLC
    • Market Force Information, Inc.
    • Meisler Operating, LLC
    • M.H. Corbin Holding LLC
    • MHVC Acquisition Corp
    • Mystic Logistics Holdings, LLC
    • New Era Technology, Inc.
    • New Media Holdings II LLC
    • NexRev, LLC
    • NNE Partners, LLC
    • North American Lifting Holdings, Inc.
    • Novetta Solutions, LLC
    • NTM Acquisition Corp.
    • NuStep, LLC
    • Pasha Group
    • Permian Holdco 2, Inc.
    • Pernix Therapeutics Holdings, Inc.
    • Pier 1 Imports, Inc.
    • PricewaterhouseCoopers Public Sector LLP
    • Prowler Acquisition Corporation
    • Resolute Industrial, LLC
    • RGL Reservoir Operations, Inc.
    • Rise Broadband
    • RM Bidder, LLC
    • Salient Partners, LP
    • SI East, LLC
    • Slick Software Holdings LLC
    • Smart Modular Technologies, Inc.
    • Sorenson Communications, Inc.
    • Strike, LLC
    • Synagro Infrastructure Company, Inc.
    • Tedder Acquisition, LLC
    • Teleguam Holdings, LLC
    • TE Holdings, LLC
    • TGP Holdings III LLC
    • TMC Merger Sub Corp
    • TOMS Shoes, LLC
    • Turning Point Brands, Inc.
    • TVG-I-E CMN Acquisition, LLC
    • U.S. Telepacific Corp.
    • VIP Cinema Holdings, Inc.
    • Vistar Media, Inc.
    • Volusion, LLC
    • Wireless Vision Holdings, LLC
    • YS Garments, LLC

 

Target Investments

  • Senior secured loans, second lien loans and mezzanine debt and selected equity investments of private companies with annual revenues between $10 million and $3 billion2
  • Established companies with histories of positive and stable free cash flow that are in industries that are integral to the American economy
  • Firms with experienced and committed management teams
  • Strong franchises with sustainable competitive advantages
  • Industries with positive long-term dynamics