Haas Wheat &amp; PartnersHaas Wheat &amp; Partners Haas Wheat & Partners Haas Wheat & Partners is a private equity firm focused on leveraged buyout transactions. The firm targets specialty middle-market manufacturing, distribution and service companies, particularly family-controlled companies and corporate spin-outs. The firm is based in Dallas, Texas and was founded in 1992. History. Hicks & Haas. Robert (Bobby) Haas formed "Hicks & Haas" together with Tom Hicks in 1984. Prior to 1984, Haas was a principal of a venture capital firm and a partner in a Midwest law firm specializing in corporate and securities law. The next year Hicks & Haas firm bought Hicks Communications, a radio outfit  run by Hicks' brother Steven. Hicks & Haas' biggest coup was its mid-1980s acquisition of several soft drink makers, including Dr Pepper and 7 Up. The firm took Dr Pepper/7 Up public just 18 months after merging the two companies. In all, Hicks & Haas turned $88 million of investor funding into $1.3 billion. The pair split up in 1989; Hicks wanted to raise a large pool to invest, but Haas preferred to work deal by deal. Tom Hicks went on to form Hicks Muse, which in the late 1990s was one of the largest private equity firms in the  US. 1992-2006. In 1992, Robert Haas founded Haas Wheat & Harrison to focus on middle-market transactions. Among his co-founders were Thomas Harrison, who had previously worked with Haas at Hicks & Haas and Douglas Wheat, a former investment banker with Donaldson, Lufkin & Jenrette. From 1984 through 1989, Doug Wheat was a member of DLJ Merchant Banking and in 1989, Wheat left DLJ to co-found an investment firm, Grauer & Wheat. Tom Harrison left the firm in 1996 to join Hoak Communications Partners, the predecessor of what is today, Hoak & Co. Since 2006. In October 2006, Douglas Wheat announced that  he was leaving Haas Wheat to found a new private equity firm, Foxbridge Partners. In 2007, Foxbridge merged with Challenger Capital Group, founded by Mark Stephens. Haas Wheat & Partners Haas Wheat & Partners is a private equity firm focused on leveraged buyout transactions. The firm targets specialty middle-market manufacturing, distribution and service companies, particularly family-controlled companies and corporate spin-outs. The firm is based in Dallas, Texas and was founded in 1992. History. Hicks & Haas. Robert (Bobby) Haas formed "Hicks & Haas" together with Tom Hicks in 1984. Prior to 1984, Haas was a principal of a venture capital firm