Details

Founded date

Jan 1, 1985

Operating Status

Active

Investor Type

Venture Capital

Hickory Venture Capital Corp. operates as an investment arm of First Tennessee Bank National Association. It does not invest in commodity-based businesses. T It seeks to make its early stage investments in healthcare services and medical devices, information technology, and telecommunications, however, other sectors can also be considered. The firm does not seek to take operating control but often takes minority stake in its portfolio companies. It prefers to exit an investment within a period of five years. Hickory Venture Capital Corp.was founded in 1985 is based in HuntsvillHickory Venture Capital Corp. operates as an investment arm of First Tennessee Bank National Association. It does not invest in commodity-based businesses. The firm specializes in recapitalization, leveraged buyouts, spin-offs, mezzanine capital, startups, early stage, late-stage, and small to medium sized companies. It seeks to make its early stage investments in healthcare services and medical devices, information technology, and telecommunications, however, other sectors can also be considered. For its later stage investments, the firm seeks to invest in technology, non-technology, basic manufacturing, and service sectors. It invests in companies based in Sunbelt including Southeast and Southwest, Mid-Atlantic, and Mid-West United States. The firm initially invests between $1 million and $3 million and seeks to invest up to $7 million over the life of an investment. It makes investments in companies having an EBITDA between $1 million and $5 million and also co-invests between $5 million and $10 million. The firm does not seek to take operating control but often takes minority stake in its portfolio companies. It prefers to exit an investment within a period of five years. Hickory Venture Capital Corp.was founded in 1985 is based in Huntsville, Alabama.
e, Alabama.

Hickory Venture Group has had 2 exits. Hickory Venture Group most notable exits include Endius ,   VocalData