Heartwood Partners, based in Norwalk, Connecticut, has earned distinction as a 2024 Top 50 Private Equity Innovator, marking the third consecutive year it has garnered this honor. The prestigious award, created by BluWave, a B2B Intelligent Marketplace, recognizes select private equity firms for their exemplary innovation and leadership within the industry.
The selection process for the awards involved a rigorous assessment conducted in consultation with leading limited partners, investment bankers, and other thought leaders in the private equity ecosystem. This assessment evaluated firms based on criteria such as proactive due-diligence practices, transformative value creation, modern operations, and corporate citizenship.
According to Demetrios Dounis, a Heartwood Partner, the firm is honored to be recognized once again by BluWave for their commitment to founder-, family-, and management-held businesses. Dounis noted that the award is a testament to his company’s experience in understanding the needs of entrepreneurial businesses and helping them unlock their growth potential.
Sean Mooney, founder and CEO of BluWave, emphasized the impact of the 2024 Top Private Equity Innovators, stating that their practices are strengthening companies, creating jobs, and catalyzing a rebound in the economy.