Hidden River Strategic Capital invests in NEC in 10th inaugural fund platform deal

  • HRSC Management, operating as Hidden River Strategic Capital, backed Nipples, Elbows & Couplings (NEC) in a recapitalization, marking Hidden River’s 10th platform investment in its inaugural fund.
  • NEC, based in Houston, manufactures PVC-coated electrical conduit and fittings for infrastructure markets such as wastewater, midstream energy, and data centers.
  • Investment was made alongside Valesco Industries, GMB Capital Partners, and NEC management.
  • Capital is intended to support capacity expansion, geographic growth, and customer relationship development.


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