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 December 31, 2018, the portfolio was well-diversified with debt investments in 119 companies and equity investments in 52 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 Holding, 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
    • Buca C, LLC
    • Cadence Aerospace, LLC
    • CAI Software, LLC
    • Cenveo Corporation
    • Chamberlin Holding, 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
    • GI KBS Merger Sub LLC
    • Good Source Solutions, Inc.
    • GoWireless Holdings, Inc.
    • GRT Rubber Technologies, LLC
    • Guerdon Modular Holdings, Inc.
    • Gulf Publishing Holdings, LLC
    • Harris Preston Fund Investments
    • Hawk Ridge Systems, LLC
    • HDC/HW Intermediate Holdings, LLC
    • HMS-ORIX SLF LLC
    • Hoover Group, Inc.
    • Hunter Defense Technologies, Inc.
    • HW Temps LLC
    • Hydrofarm Holdings, LLC
    • iEnergizer Limited
    • Implus Footcare, LLC
    • Independent Pet Partners Intermediate Holdings, LLC
    • Industrial Services Acquisitions, LLC
    • Inn of the Mountain Gods Resort and Casino
    • Intermedia Holdings, Inc.
    • Isagenix International, LLC
    • JAB Wireless, Inc.
    • Jacent Strategic Merchandising, LLC
    • Jackmont Hospiltality, Inc.
    • Jacuzzi Brands LLC
    • Joerns Healthcare, LLC
    • KMC Investor, LLC
    • Knight Energy Services LLC
    • Larchmont Resources, LLC
    • Logix Acquistion 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.
    • Mills Fleet Farm Group, LLC
    • Mobileum, Inc.
    • 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
    • RM Bidder, LLC
    • Salient Partners, LP
    • SI East, LLC
    • Slick Software Holdings LLC
    • Smart Modular Technologies, Inc.
    • Sorenson Communications, Inc.
    • STL Parent Corp.
    • Strike, LLC
    • Tedder Acquisition, LLC
    • TE Holdings, LLC
    • Teleguam 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