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GenNx360 acquires Heartland Business Systems

PRIVATEOct 07, 2025

Acquiring Company

GenNx/AeroRepair IntermediateCo

Acquired Company

Heartland Business Systems

New YorkWisconsinInvestment ManagementInformation Technology

Description

GenNx360 Capital Partners has successfully acquired Heartland Business Systems from A&M Capital Opportunities. Heartland, a leading IT services provider in the Midwest, boasts a strong workforce and extensive service offerings. This acquisition aims to drive further growth and strengthen HBS's market position. Peter Helander, the current CEO, will retire and assist with the transition to new leadership.

Quick answer

GenNx/AeroRepair IntermediateCo is acquiring Heartland Business Systems, announced October 7, 2025. GenNx/AeroRepair IntermediateCo is based in New York, New York, United States.

How much did GenNx/AeroRepair IntermediateCo pay for Heartland Business Systems?
The deal value was not disclosed.
What does GenNx/AeroRepair IntermediateCo do?
GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America.
Where are GenNx/AeroRepair IntermediateCo and Heartland Business Systems based?
GenNx/AeroRepair IntermediateCo is based in New York, New York, United States. Heartland Business Systems is based in Wisconsin, United States.

Source: Fundz verified event record.

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Company Information

Company

GenNx/AeroRepair IntermediateCo

Location

Madison Avenue

New York, New York, United States

About

GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America. The firm focuses on acquiring companies with strong business models in growing industries, aiming to develop market leaders with sustainable competitive advantages. The team at GenNx360 consists of experienced investment professionals and operations specialists, including senior executives with extensive backgrounds in managing large enterprises. Their investment strategy emphasizes proactive sourcing in the industrial and business services sectors, partnering with management teams to implement their proprietary "GenNx360 Tool Kit." This toolkit includes best practices and operational processes designed to enhance portfolio companies and drive growth. GenNx360 targets companies in fragmented markets benefiting from trends like reshoring and automation in manufacturing. Their portfolio features companies such as Whitsons Culinary Group, which provides dining services to various sectors. The firm has received recognition for its governance and executive relations, being named one of the Top 50 Private Equity Firms for Executives for three consecutive years.

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Frequently asked

Who acquired Heartland Business Systems?

Heartland Business Systems was acquired by GenNx/AeroRepair IntermediateCo, based in New York. The deal was reported on October 7, 2025. GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America. GenNx/AeroRepair IntermediateCo is privately held and operates in Investment Management.

When did GenNx/AeroRepair IntermediateCo acquire Heartland Business Systems?

GenNx/AeroRepair IntermediateCo's acquisition of Heartland Business Systems was reported on October 7, 2025. GenNx360 Capital Partners has successfully acquired Heartland Business Systems from A&M Capital Opportunities. Heartland, a leading IT services provider in the Midwest, boasts a strong workforce and extensive service offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Heartland Business Systems do?

Heartland Business Systems is a technology services provider focused on the commercial and public sector clients across the Midwest. With over 675 employees, including more than 400 certified engineers, HBS offers a comprehensive range of IT solutions. It is privately held, operating in Information Technology, and is based in Wisconsin.

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