Hobbs & Towne, Inc.

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Hobbs & Towne, Inc. - overview

Established

1997

Location

-, PA, US

Primary Industry

Environmental Services

About

Based in Pennsylvania, US, and founded in 1997 by CEO Bobby Hobbs and co-founder Andy Towne. Hobbs & Towne, Inc. operates as an executive search firm that specializes in climate technology and sustainability. In December 2021, True Capital Partners, LLC, a portfolio company of LLR Partners, acquired Hobbs & Towne, Inc.


As of February 2022, the company has a team of more than 30 recruiters and employees who work from San Francisco, Los Angeles, New York City, Toronto, Philadelphia, and London. Hobbs & Towne, Inc. specializes in the greening of all industries, with a focus on energy, mobility, food, agriculture, and water. The company's clients include Cervest, a climate intelligence company, Impossible Foods, a plant-based meat substitute business, and Proterra, an electric vehicle technology manufacturer.


Following the acquisition, Hobbs & Towne, Inc. will be able to expand its access to external networks.


Current Investors

True Capital Partners, LLC

Primary Industry

Environmental Services

Sub Industries

Environmental Services

Website

www.hobbstowne.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hobbs & Towne, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHobbs & Towne, Inc.-

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