Company Directory - Heartland Growth Partners
Company Details - Heartland Growth Partners

Heartland Growth Partners
WebsiteA middle market private equity firm backed by owner-operators of industrial companies, providing portfolio companies with growth resources.
CCI Score
CCI Score: Heartland Growth Partners
-16.99
0.02%
Latest Event
Strategic Partnership with Victory Machine & Fabrication
On March 26, 2025, Heartland Growth Partners announced a strategic partnership with Victory Machine & Fabrication to drive operational growth and provide technology insights to its portfolio companies. The firm’s model emphasizes community involvement and peer-investor expertise over a purely financial approach, reflecting a commitment to more responsible, community-centered business practices.
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ENABLER
Heartland Growth Partners is currently rated as an Enabler.
Latest Events
- MAR262025
On March 26, 2025, Heartland Growth Partners announced a strategic partnership with Victory Machine & Fabrication to drive operational growth and provide technology insights to its portfolio companies. The firm’s model emphasizes community involvement and peer-investor expertise over a purely financial approach, reflecting a commitment to more responsible, community-centered business practices.
+20
Business Practices and Ethical Responsibility
April 2
Heartland Growth Partners is promoting a business model that favors operational expertise and community engagement over a purely financial, detached investment approach. By involving owner-operators and industry peers as limited partners, the firm signals a move toward ethical business practices that potentially resist exploitative market behaviors.
+15
Technology and Services Impact
April 2
The firm’s partnership also provides portfolio companies with access to technology insights, including advancements in automation, AI, and industrial software. This supportive approach to integrating cutting-edge technologies encourages smarter, more sustainable growth in the industrial sector.
- MAR262025
On March 26, 2025, Heartland Growth Partners announced a strategic partnership with Victory Machine & Fabrication to leverage owner-operator expertise, community values, and technological insights, positioning the firm to drive sustainable growth among mid-sized industrial companies.
+30
Business Practices and Ethical Responsibility
April 2
The partnership model emphasizes community involvement and stakeholder alignment rather than a purely financial approach, endorsing ethical business practices and supporting local communities.
+15
Technology and Services Impact
April 2
The announcement highlights the firm’s access to cutting‐edge technology insights in automation, AI, and industrial software, which can enable smarter and more sustainable business practices.
+20
Economic and Structural Influence
April 2
The strategic move includes acquiring and expanding mid-sized industrial businesses, signaling a positive structural influence on local economies and supporting sustainable company growth.
- DEC032021
The SEC filed complaints alleging that Heartland-affiliated entities, including Heartland Group Ventures, LLC, defrauded over 700 investors by raising approximately $122 million through unregistered oil and gas offerings, with funds misappropriated for personal luxuries. The case alleges material misrepresentations and the misuse of investor funds in a Ponzi-like scheme.
-80
Business Practices and Ethical Responsibility
April 2
The SEC complaint alleges that entities affiliated with Heartland fraudulently raised significant capital while misusing investor funds for personal expenditures, demonstrating egregious breaches in ethical business practices. Such misrepresentations and financial misconduct undermine accountability and investor trust, reflecting a severe lapse in business ethics.
SEC Charges: Heartland Group Ventures for $122 Million Fraud
- DEC012021
On December 1, 2021, the SEC filed a complaint charging Heartland Group Ventures and several affiliated entities with conducting fraudulent, unregistered securities offerings amounting to over $122 million, alleging misappropriation of investor funds and Ponzi-like practices.
-70
Business Practices and Ethical Responsibility
April 2
The SEC complaint details deceptive and fraudulent fundraising practices by Heartland-affiliated entities, including misrepresenting investment opportunities and misusing investor funds. Such unethical business practices undermine transparency, accountability, and investor trust, warranting a negative score under Business Practices and Ethical Responsibility.
SEC Charges: Heartland Group Ventures for $122 Million Fraud
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