HCAP Partners, a California-based private equity firm and nationally recognized impact investor, has announced its investment in IND, Inc., a provider of critical cleaning, coating, refurbishment, and ancillary services used in semiconductor equipment manufacturing. The investment will support management’s buyout of IND’s majority shareholder and provide additional capital for facility expansion, working capital, and continued growth with existing and new customers.

Headquartered in Vancouver, Washington, and founded in 2005 by Jonathan Lovegrove, IND has grown from a robotics refurbishment business into a comprehensive provider of critical cleaning, coating, refurbishment, and fabrication services for semiconductor equipment. IND’s proprietary Global Management System (GMS) provides full traceability and process control across the cleaning and coating workflow. The company supports leading global manufacturers in extending component lifetimes, reducing downtime, and maintaining high-performance production environments. 

Read full press release here.