Single Family Office

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HBM Holdings Company

HBM Holdings Company was founded in 2012 by the Harry B. Mathews Trust. The trust created the firm to diversify and grow the industrial assets built by Harry...

HBM Holdings Company logo

HBM Holdings Company

HBM Holdings Company was founded in 2012 by the Harry B. Mathews Trust. The trust created the firm to diversify and grow the industrial assets built by Harry B. Mathews Jr., who established Mississippi Lime Company in 1907. Harry B. Mathews Jr. died in 2019. The firm targets buyouts and growth investments in mission-critical manufacturing. It deploys capital through direct acquisitions and bolt-on transactions. Asset classes include industrial components, specialty chemicals, and agricultural inputs. Portfolio companies operate in North America and Europe. Confirmed holdings include Mississippi Lime, Schafer Industries acquired in 2017, HarperLove acquired in 2019, Control Devices acquired in 2021, and Calcium Products acquired in 2024. In 2022 Mississippi Lime purchased Singleton Birch in the United Kingdom. HBM maintains its headquarters in St. Louis. The operating team includes Andy Fincher as President and Chief Executive Officer and Michael A. DeCola as Vice Chairman. January 2026: Control Devices acquired Sherwood Valve. January 2026: Mississippi Lime acquired Burnett. The firm participates in the Association for Corporate Growth St. Louis chapter and maintains membership in the Young Presidents' Organization. HBM Holdings functions as both owner and operator of its companies. It retains management teams while supplying capital and governance from the family office structure. This model separates it from traditional private equity funds that rely on external managers and fixed fund lives.

General information

Firm type

Single Family Office

Year founded

2012

AUM

Undisclosed

Location

Region

North America

Country

United States

City

St. Louis

Corporate office

101 South Hanley Road, Suite 1050, St. Louis, MO 63105, United States

Principals

Andy Fincher

President & Chief Executive Officer

Pat Fitzgerald

SVP & Chief Financial Officer

Amy Fields

SVP People & Owner Relations

Scott Nieberle

Vice President, Strategy & Corporate Development

Sector focus

Industrial TechAgriTech & FoodTechHealthcare Services

Frequently asked questions

Who runs investment decisions at HBM Holdings Company?

Andy Fincher serves as President and Chief Executive Officer. Scott Nieberle leads strategy and corporate development. The team reports to the Harry B. Mathews Trust.

How does HBM Holdings Company source proprietary deal flow?

Executives maintain active roles in the Association for Corporate Growth St. Louis chapter. They also draw on relationships formed through ownership of Mississippi Lime since 1907.

Does HBM Holdings Company participate in fund commitments or only direct deals?

The firm executes direct acquisitions and bolt-on transactions. It does not commit capital to external funds.

What investment stages does HBM Holdings Company typically target?

HBM targets buyouts of middle-market companies and subsequent growth investments. It has completed platform acquisitions and add-on deals since 2017.

Where does the underlying wealth come from?

The capital originates from Mississippi Lime Company, founded by Harry B. Mathews Jr. in 1907. The Harry B. Mathews Trust established HBM Holdings in 2012 to manage that industrial wealth.

Does HBM Holdings Company maintain philanthropic structures?

The Constance A. and Harry B. Mathews Jr. Foundation operates separately from the investment activities. It supports education and community programs in St. Louis.

What is HBM Holdings Company's known posture on co-investments alongside external GPs?

HBM completes acquisitions independently. It has not disclosed participation in club deals or co-investments with outside sponsors.

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