Thomas O. Hicks
is Chairman, Founder and Partner of Hicks Holdings LLC, a Dallas-based family office that owns and manages the Thomas and Cinda Hicks Family's real estate, corporate assets, and investments.
Through Hicks Equity Partners LLC (“HEP”), the private equity firm led by Thomas O. Hicks, HEP targets acquisitions, buyouts, buy-and-builds, corporate divestitures and selected growth capital investments, typically investing $15-100 million per portfolio company, in companies with enterprise values between $50-500 million.
Some of HEP’s investments to date include: Anvita Health, a leader in clinical decision support systems, subsequently acquired by Humana Health; Drilling Tools International, a privately held oilfield services company; Glori Energy, an oil technology company that deploys its proprietary AERO™ System to significantly increase oil production from mature oil fields; Grupo Pilar, a leading animal and pet food company in Argentina; Just Brakes, a leading retail provider of automotive brake and maintenance services, recently acquired in partnership with Gemini Investors, Monhegan Partners and Bill Ihnken; Latrobe Specialty Steel, a leading manufacturer and distributor of specialty steel to the aerospace industry, subsequently acquired by Carpenter Technology Corporation; Ocular LCD, Inc., a leading designer, manufacturer and marketer of high-performance liquid crystal displays, modules and systems; and, through H-D Advanced Manufacturing, Inc., investments including Overton Chicago Gear, a premier manufacturer and distributor of large, custom, mission-critical gears and gearboxes; Innovative Mechanical Solutions, or iMech, based in Edmonton, Alberta, an industry leader in the engineering, design and manufacture of custom bearings for the directional drilling motor industry; Sungear, a manufacturer of aerospace gears; Crown Precision Machining, a manufacturer of tight tolerance components for commercial aerospace,and Intellifuse Technologies LLC, a provider of radial bearings and wear resistant coating technology.
Previously, Mr. Hicks co-founded, and was Chairman from 1989 through 2004 of Hicks, Muse, Tate & Furst, Inc., (“HMTF”), a nationally prominent private equity firm specializing in leveraged acquisitions. During Mr. Hicks' tenure as Chairman, HMTF successfully raised over $12 billion of private equity funds, consummated over $50 billion of leveraged acquisitions, and was one of the world's most active private investment firms. From 1984 to 1989, Mr. Hicks was Co-Founder and Co-CEO of Hicks & Haas, a Dallas-based private equity firm. The successful acquisitions of HMTF and Hicks & Haas included AMFM Inc., A&W Brands, Inc., Berg Electronics, Inc., Dr Pepper/Seven Up Companies, International Home Foods, Life Partners Group, Pinnacle Foods, Sybron International, and Yell Group plc, among others.
From 1995 – 2011, Mr. Hicks was the Owner and Chairman of the Dallas Stars, a National Hockey League club. During his ownership, the Club captured seven Division Championships, three Western Conference regular season crowns, two Presidents’ Trophies as the team with the best regular season record, two consecutive trips to the Stanley Cup Finals and the 1999 Stanley Cup Championship. The Stars had the third-best record in the entire NHL over his 15 seasons as owner. He was also instrumental in the development and building of the American Airlines Center ("AAC") in Dallas, TX which opened in July 2001.
Thomas O. Hicks was also the Owner and Chairman of the Board of the Texas Rangers, a Major League baseball club and of the Rangers Ballpark in Arlington from June 1998 to August 2010. During his ownership, the club captured three American West Division titles and was the 2010 American League Champion, advancing to the World Series the same year.
Mr. Hicks serves on the boards of directors of Drilling Tools International, Glori Energy, H-D Advanced Manufacturing Company, and Just Brakes. He is also a member of the University of Texas Chancellor's Council. He formerly served on the Board of Trustees for The Center for Strategic and International Studies. Also a former member of the University of Texas System Board of Regents, Mr. Hicks served as Chairman of the University of Texas Investment Management Company (UTIMCO), which manages the $20 billion University of Texas Permanent University Fund and Long Term Funds. Mr. Hicks graduated with an MBA from the University of Southern California in 1970 and a BBA from the University of Texas in 1969. He is also a past recipient of the University of Texas’ Distinguished Alumnus Award, and has served several years as a Distinguished Guest Lecturer at Stanford University's Graduate School of Business.
Mr. Hicks is the father of six children, and he and his wife, Cinda, reside in Dallas.