Investment Management - , Texas, United States
Hardeman – a person with a tough character. A person who would be strenuous and complete in their endeavors.In 1992, Bart Simmons started his own small business, a natural gas marketing company called Tristar Producer Services. Through his hard work and determination, Bart successfully led Tristar for over 25 years through multiple business cycles including, the collapse of Enron in 2001 (Tristar's largest customer at the time), the financial crisis of 2008, and the hydraulic fracking revolution of the early 2010s.After 25 years, Bart was ready to exit the business but was not sure how. With his blood, sweat, and tears, Bart had built a company that he was proud of, and he had built it through meaningful relationships with employees and customers. He wanted to make sure his legacy was preserved, and those relationships were cherished. Luckily for Bart, his two sons, Trent and Andrew, were ready to take over the business and carry it into the next generation. This experience was the genesis of Hardeman.How many other small business owners have built great businesses through their character, their work ethic, and strong relationships with employees and customers, and yet, they do not have a plan to gracefully exit their business?We want to be a part of that plan.At Hardeman, we seek to purchase businesses that we can own and operate ourselves for the long haul. We want businesses that are built the way we are built. We want businesses that ran for the previous 25 years, the way we plan to run them for the next 25 years. We are targeting HARDEMAN ready businesses.1. Small businesses built through character, work ethic, and relationships2. Manufacturing, Distribution, and Service-related industries3. Business owners who want to see their legacy preserved and their employees and customers are taken care of
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