About The Heritage Group
The Heritage Group is a private equity firm founded in 1930. It is primarily based in Indianapolis, United States. As of Oct 2026, The Heritage Group has a portfolio of 15 companies, comprising 15 funding rounds and 3 acquisitions. In the last 12 months, it has participated in 1 acquisition. The firm primarily invests in companies based in United States and Spain. Its portfolio is spread across a wide range of sectors from Enterprise Applications to HealthTech. Most recently it acquired stakes in FORTA on Feb 18, 2026.
Overall The Heritage Group portfolio has seen 3 acquisitions, namely Valera Health, MD Live and Biosynthetic Technologies. A lot of funds co-invest with The Heritage Group, with names like Cigna Ventures sharing a substantial percentage of its portfolio.
The Heritage Group has a team of 51 people, including 20 partners.
Key Metrics
Founded Year
1930
Location
Indianapolis, United States
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Investment Deals
The Heritage Group's Portfolio
The Heritage Group has a portfolio of 15 companies. They have invested in a total of 15 companies. Their most recent investment was in Valera Health (Series B round) on Oct 31, 2022. Here are the most recent investments by The Heritage Group:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Oct 31, 2022 | Series B | 7169 | ||
Sep 13, 2022 | Series B | 5797 | ||
May 03, 2022 | Series A | 9626 | ||
Apr 05, 2022 | Series A | 1863 |
The Heritage Group has acquired 3 companies. Their most recent acquisition was of FORTA on Feb 18, 2026. Here are the most recent acquisitions by The Heritage Group:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Feb 18, 2026 | Manufacturer of concrete & asphalt fiber | - | 1978 | |
Apr 03, 2019 | Programmatic advertising network | - | 2011 | |
Apr 09, 2018 | Producer of bio-based green oils | $52.2M | 2012 |
Here is the portfolio snapshot of The Heritage Group:
Investments by Year
The maximum number of investments were made in 2022
Acquisitions by Year
The maximum number of acquisitions were made in 2026
Portfolio by Location
Companies are primarily in United States and Spain
Portfolio by Sector
Companies are primarily in Enterprise Applications
Team profile of The Heritage Group
The Heritage Group has a team of 51 members including 20 Partners and 16 Principals located in United States, India and 1 more location. The Heritage Group's team does not sit on the board of any company as of now.Here is a list of top team members in The Heritage Group:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Indianapolis | - | ||
Partner | Indianapolis | - | ||
Partner | - | - | ||
Partner | United States | - | ||
Partner | Lafayette | - | ||
Partner | Indianapolis | - | ||
Partner | Durham | - | ||
Partner | Indianapolis | - | ||
Partner | Dallas | - | ||
Partner | Indianapolis | - | ||
Partner | Cheshire | - |
Co-investors of The Heritage Group
Over the past 96 years, 30 investors have co-invested in The Heritage Group's portfolio companies.
- Top Co-investors of The Heritage Group: 30 investors entered a company along with The Heritage Group. These include investors like Cigna Ventures (1 company).
The Heritage Group News
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Northborne Partners Advises FORTA on Acquisition by The Heritage GroupPR Newswire•Feb 19, 2026•Northborne Partners, FORTA, The Heritage Group, riverarch.com and 1 other
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Heritage Group Expands Alternative Milk Campaigns, Targeting Growth in Plant-Based MarketBangkok Post•Dec 16, 2025•The Heritage Group
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Heritage Group invests in Nationwide MedicalPE Hub•Dec 12, 2024•The Heritage Group, Nationwide Medical
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Nationwide Medical Announces Partnership With Heritage GroupBusiness Wire•Dec 12, 2024•Nationwide Medical, The Heritage Group
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EQT Infrastructure’s Acquisition of Majority Position in HESGlobal Legal Chronicle•Dec 18, 2023•EQT, The Heritage Group
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EQT Infrastructure to acquire majority position in industrial waste-management providerIREI•Dec 15, 2023•The Heritage Group, Heritage, EQT
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Wellvana Health announces $84 million capital raise to drive innovation in value-based care enablementTullahoma News•Mar 28, 2023•Wellvana, The Heritage Group, Valtruis, Heritage Group and 4 others
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Monogram Health closes $375 million of new funding for kidney, polychronic care modelHealio•Feb 08, 2023•Monogram Health, CVS Health, Cigna Ventures, Humana and 6 others
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Heritage Group Expands Funding Staff and Broadcasts Vice President Promotioninvestidollar.com•Jan 24, 2023•The Heritage Group
