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Homeβ€ΊAbout
The firm

Built by operators.
Governed by principles.

HPS Holding was founded on the belief that thoughtful advisors β€” the kind who show up early, stay late and tell the truth β€” are worth more than a slide deck ever could be. That belief still shapes every hire, every mandate and every conversation we have with our clients.

Our story

From a single conversation in Wisconsin to a national practice.

HPS Holding was founded in 2019 by Sushil L Davies, a career operator with more than two decades of experience across industrial services, consumer businesses and healthcare-adjacent enterprises. What began as a personal advisory practice for a handful of trusted founders has grown into a lean, senior firm of former CFOs, transaction lawyers and integration leaders.

We remain deliberately small. Every engagement is led by a partner, and no partner carries more than four active mandates at a time. This is not a scale business. It is a craft.

  • 2019 β€” FoundingSushil L Davies opens the doors of HPS Holding in Milwaukee, Wisconsin, with a single family-owned client.
  • 2021 β€” Capital practiceThe firm formalizes its M&A advisory offering after a series of successful sell-side mandates.
  • 2022 β€” Operational value practiceHPS brings on former CFOs and integration leaders to support clients through the first hundred days after close.
  • 2024 β€” Family governanceThe firm launches a dedicated practice for second- and third-generation owners navigating succession.
  • 2026 β€” TodaySixty-plus engagements delivered across fourteen states, with a 97% client-retention rate.
HPS Holding office
Values

Five words we take seriously.

01

Stewardship

We treat our clients' businesses the way we treat our own β€” with patience, discipline and a very long time horizon.

02

Candor

Difficult truths, delivered kindly and early, save enormous amounts of money and heartache.

03

Rigor

Diligence is not a checkbox. It is how we honor the trust our clients place in us.

04

Discretion

What is said in our conference room stays there. Full stop.

05

Independence

No product sales. No referral fees. No hidden mandates. Only the client's interest.

β—†

Craft

Because good businesses deserve advisors who care about the details.

Leadership

The partner responsible for your engagement.

Sushil L Davies
Founder & Managing Principal

Sushil L Davies

Sushil founded HPS Holding in 2019 after more than two decades working alongside owners and operators of privately held American businesses. He started his career on the operating side β€” running finance and commercial teams in industrial services β€” before spending eight years on the transaction side, advising on more than $600 million of combined middle-market activity.

He lives in Milwaukee with his family, serves on two community boards and remains a working advisor first and a firm leader second. Every engagement HPS accepts is one he personally reviews.

Direct line: +1 (561) 232-0386
Email: Sushil@hpsholding.com

$480M+

Advised value

Combined enterprise value of client engagements delivered since founding.

60+

Engagements

Successful mandates across advisory, capital and operational value practices.

14

U.S. states

Client footprint spanning the Midwest, Sunbelt and mountain regions.

97%

Retention

Share of clients who return for a second engagement within five years.

Have a question before we meet?

We publish direct contact information for every partner. Call, email, or use the form on our contact page and we'll respond personally.

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