AltAssets private equity deal roundup – November 7, 2023

HCI Equity Partners has bought into Tri-State Enterprises, a warehouse distributor of automotive aftermarket hard parts, consumables, accessories and paint, through a recapitalisation. The company, which was founded in 1977, will become a new platform business for HCI. Firm partner Scott Gibaratz said, “Tri-State represents a unique opportunity to partner with a dynamic growth platform …