Hy Cite Enterprises, LLC | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor

Hy Cite Enterprises, LLC

$90 Million 12/20/2017 Specialty Finance Complete
Financial Sponsors
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Transaction Details

  • On December 20, 2017, Hy Cite Enterprises, LLC (“Hy Cite”) completed a $90 million subordinated debt raise funded by Prudential Capital Group
  • Proceeds from the transaction were used to redeem the convertible preferred shares of affiliates of Palladium Equity Partners, LLC
  • Stephens Inc. served as exclusive financial advisor to Hy Cite on the transaction

About the company

Hy Cite Enterprises, LLC

Founded in 1959 and headquartered in Madison, WI, Hy Cite is a direct selling company focused on marketing high-quality, durable household products. Hy Cite’s Royal Prestige® brand has become synonymous with reliable products of excellent quality, value, and dependability, developed by “world class” designers working with leading experts in health and nutrition. Hy Cite’s products include cookware, china, crystal, flatware, cutlery, water and air filtration systems and juice extractors that are marketed in the U.S., Mexico, Canada and other countries in Latin America. For more information, please visit www.hycite.com.

Prudential Capital Group

Prudential Capital Group is the private placement arm of PGIM, Inc., the global investment management business of Prudential Financial, Inc. They have been investing in private placements for more than 75 years and as of 9/30/17 managed a portfolio of nearly $82 billion with purchases and placements of up to $12 billion annually. For more information, please visit http://borrower.prudentialcapitalgroup.com/home-pages-1.php.

Sources: Prudential Capital Group website, Palladium Equity Partners website and company provided information.
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