πŸ“ Milwaukee, Wisconsin πŸ•’ Mon–Fri Β· 9:00–18:00 CT
HPS Holding logo
Est. 2019 Β· Milwaukee, Wisconsin

Capital, clarity and conviction
for the businesses that build America.

HPS Holding is an independent advisory and investment firm working alongside founders, family-owned enterprises and institutional partners. We combine hands-on operating experience with disciplined capital allocation to help our clients grow with confidence.

$480M+Advised value
60+Client engagements
14U.S. states served
97%Client retention
Trusted by owners and operators across
Who we are

A privately held firm built on the values of stewardship, patience and long-term thinking.

Founded in 2019 by Sushil L Davies, HPS Holding was established with a simple purpose: to be the advisor we always wished existed for the middle-market. We do not chase transactions. We build relationships that last a decade or more, and we measure our success by the outcomes our clients achieve β€” not by fees earned.

  • 1
    Owner-aligned counsel. We work exclusively for the principal β€” no conflicting mandates, no hidden retainers.
  • 2
    Operator DNA. Our senior team has run P&Ls, closed transactions and integrated companies. Theory meets practice.
  • 3
    Discretion by default. Confidentiality is not a policy at HPS β€” it is a habit.
Meet the firm
Team meeting at HPS Holding
What we do

Four practices. One integrated point of view.

Every engagement is led by a partner and structured around the outcome our client cares about most.

β—†

Strategic Advisory

Growth strategy, market entry and board-level counsel for mid-market companies preparing for their next chapter.

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β—ˆ

Capital & M&A

Sell-side, buy-side and recapitalization advisory across sub-$150M enterprise-value transactions.

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β—‡

Operational Value

Post-close operating support: 100-day plans, finance transformation and revenue engine build-outs.

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β—‰

Family Governance

Succession planning, family council design and transition frameworks for second- and third-generation owners.

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Our approach

Five principles that guide every engagement.

We keep the process simple. We keep our word. And we keep our client's interest at the center of every decision.

1 Β· Listen first

We spend our first four weeks understanding your business, your team and your ambitions before we recommend anything.

2 Β· Diligence with rigor

Financial, commercial and cultural diligence β€” no shortcuts, no boilerplate.

3 Β· Design the path

A tailored plan with clear milestones, decision gates and measurable outcomes.

4 Β· Execute together

We stay in the room until the work is done. Your team becomes our team.

5 Β· Report honestly

Monthly written updates, quarterly on-site reviews and an open-door line to every partner. Always.

The HPS team spent nine months with our leadership before we ever discussed a transaction. When we finally went to market, they knew our business better than anyone in the room. That is the difference.
Managing Owner Β· Family-held industrial services company Β· Wisconsin
Latest thinking

Perspectives from the HPS practice

Concise notes on the middle-market, capital cycles and the craft of building durable businesses.

Let's talk about what's next for your business.

Every engagement begins with a private, no-obligation conversation with one of our partners. Tell us what you're building β€” we'll listen carefully and be honest about how we can help.

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