Hartland Controls Holding placed $31.12 million worth of securities as part of a non-brokered equity financing round. The placement, which started on February 14th, lured a total of thirteen subscribers. No offering was previously initiated by the company under a registration exemption with the SEC.
The company is the parent of Hartland Controls, a manufacturer of definite purpose contactors and complementary products including transformers, relays and capacitors. It focuses on the HVAC and related components to the heating, ventilation and air conditioning market as well as other industrial end markets. The company received investment from incline Equity Partners.
Steven Schreiner (President) leads the Rock Falls IL based company which was registered in 2014. Hartland Controls Holding elected to keep its revenues undisclosed. The executive team includes Amer M Jaber, James H Wike and Robert Schrader. The board of directors includes John Glover, Leon Rubinov and Michael Miller.
Offering recap Status: Completed Company: Hartland Controls Holding Industry: Other Amount offered: $31.12 million Amount placed: $31.12 million SEC filing: Source First sale: 02-14-2014 Data as of: 03-06-2014