Hunter Trust Invests in Peterson Partners

Hunter Trust is pleased to announce its investment in a lower middle market buyout fund primarily focused on search investments managed by Peterson Partners. The fund invests in small, owner-operator businesses identified by the fund’s principals. Peterson Partners was founded in 1995 by Joel Peterson, who helped to form the search fund model over twenty years ago.

Hunter Trust, a family office in Minneapolis, began investing in search funds in 2012. The founder, Andrew M. Hunter III, spent his thirty five-year career buying and operating businesses in the Midwest, and the search fund model resonates with him. Over the last seven years, Hunter Trust has invested in more than thirty search funds and continues to be an active investor in the space.

Hunter Trust, a longtime supporter of female entrepreneurship, is eager to join Peterson Partners in supporting more female and veteran entrepreneurs in the search fund space. Together, with the principals of the fund, the Managing Director of Hunter Trust, Lacey Wismer, plans to provide support services that will encourage and facilitate more female and veteran entrepreneurs to find success as searchers and business operators.

Hunter Trust Expands its Operating Partner Program

Hunter Trust is pleased to announce that it has hired Byron Evans to be an Operating Partner in Austin, Texas. In this role he will search in Austin and the broader Texas business community to acquire an established lower middle market business and then operate it as CEO.  Mr. Evans was born and raised in Dallas and attended the University of Texas at Austin, where he received a BBA with honors from the McCombs School of Business.  Upon graduation in 2010, Byron spent several years in investment management, after which he was the CFO for a health care services company.  Most recently, Byron has been consulting to lower middle market businesses. 

Hunter Trust, a Minneapolis-based family office, seeks to acquire exceptional lower middle market businesses in select cities. As part of that effort, the office brings on Operating Partners who manage the deal sourcing and diligence processes, and in the event of an acquisition, step into the acquired company in the role of CEO.  In August 2018, Hunter Trust successfully completed its first acquisition alongside an Operating Partner and is excited to do more.  Lacey Wismer, Hunter Trust’s Managing Director, says, “We enjoy working with entrepreneurially-minded Operating Partners who are passionate about growing great businesses and who also share our long-term perspective on investing.”

Hunter Trust is looking to hire additional Operating Partners in Colorado and Florida.  To learn more about Hunter Trust, the Operating Partner role or to refer investment opportunities, please see the website at www.huntertrust.com and submit any inquiries on the Contact Us page.

Hunter Trust Acquires Warning Lites of Minnesota, Inc.

Hunter Trust LLC, a Minneapolis-based family office, announced today its purchase of Warning Lites of Minnesota, the leading provider of work zone traffic control and event safety services in Minnesota and western Wisconsin.

Warning Lites’ success over the past 60 years is a testament to its loyal customer base and experienced employees, all of whom will remain with the company. As part of the sale, current president and owner Scott Sayer will transition the leadership role to the incoming CEO Patrick Donohue. Mr. Sayer will stay with the company as a senior advisor following the transaction.

“Our goal is to create long-term partnerships with well-run businesses,” said Hunter Trust’s managing director Lacey Wismer. “Warning Lites’ seasoned management team, exceptional reputation, and focus on safety have led to its leadership position in the traffic control industry and we look forward to supporting the company’s growth in the future.”