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HGR Industrial Surplus is the largest online marketplace for used industrial equipment. Founded in 1998, HGR buys and sells more than 20,000 unique items each month. Generation led the acquisition of the company in 2021 and continues to hold the investment.
This website may include forward-looking statements. All statements other than statements of historical fact are forward-looking statements (including words such as “believe,” “estimate,” “anticipate,” “may,” “will,” “should,” and “expect”). Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. Various factors could cause actual results or performance to differ materially from those discussed in such forward-looking statements.
Views regarding the economy, securities markets, or other specialized areas, like all predictors of future events, cannot be guaranteed to be accurate and may result in economic loss to the investor.
The material listed in this website is current as of the date noted, and is for informational purposes only, and does not contend to address the financial objectives, situation, or specific needs of any individual investor. Any information is for illustrative purposes only, and is not intended to serve as investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Results will vary, and no suggestion is made about how any specific solution or strategy performed in reality.
Generation does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Adviser’s web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
This website is intended solely to provide information regarding Generation Partners’ potential financing capabilities for prospective portfolio companies.
The information provided on this website, including information regarding Generation Partners’ current and historical portfolio companies, is not intended to recommend any company or investment described herein and is not an offer or sale of any security or investment product or investment advice. In any event, past performance is not a guarantee of future results and it should not be assumed that results for portfolio investments will be achieved for other investments. Representative investments are not to be considered a complete list of all investments made or currently held by Generation Partners funds.
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In the United States of America, Generation Partners operates as an SEC-registered investment advisor. This website is intended solely to provide information regarding Generation Partners’ potential financing capabilities for prospective portfolio companies.
Registration with the SEC should not be construed as an endorsement or an indicator of investment skill, acumen or experience. Industry registrations, designations, recognitions or awards should not be construed as an endorsement or a recommendation to retain the Adviser by the granting entity or any regulatory authority. Unless stated otherwise, any mention of specific securities or investments is for hypothetical and illustrative purposes only. Adviser’s clients may or may not hold the securities discussed in their portfolios. Adviser makes no representations that any of the securities discussed have been or will be profitable. An investment fund managed by Generation is speculative and may involve a high degree of risk. Opportunities for withdrawal or redemption and transferability of interests are restricted, and investors may not have access to capital when it is needed. There is no secondary market for the interests and none is expected to develop. The fund portfolio may have concentrations and this lack of diversification may result in higher risk. An investment should not be made unless the investor is prepared to lose all or a substantial portion of the investment.