Icon (Close Menu)


Arcane Capital CEO Michael Hickmon Refuses to ‘Aim Lower’

2 min read

Michael Hickmon is the CEO of Arcane Capital Partners in Little Rock, a private investment firm founded in 2021. Arcane has recently invested more than $100 million to acquire two plastics manufacturing companies, Petroflex North America in Texas and Wescon Plastics in Kansas.

Hickmon earned a bachelor’s in business from Harding University in Searcy.

What’s the story behind the name of your firm?

No venture is worth doing unless it has a good name. I chose the name Arcane because I felt that it resonated with what we do. At first, I had a feeling that what we were getting into might not be crystal clear to everyone. “Arcane” suggests something not easily understood, which perfectly matches our innovative style. We liked the idea that our work, though not immediately evident, would create great value.

What’s your strategy for choosing an investment target?

Our investment strategy is built on a meticulous process that prioritizes thorough market research and due diligence. We identify potential investment targets through a comprehensive assessment of market trends, growth potential and competitive factors, all while keeping risk mitigation in focus. Once a target is identified, we apply a rigorous evaluation framework that factors in financial performance, management expertise, scalability and alignment with our core values.

What are your top goals for the new year?

We will focus on the integration of our recent acquisitions and continue to build a world-class team. We also have plans for additional acquisitions later in the year that are currently underway.

What was the biggest success of your career and what did you learn from it?

For me, the greatest success is waking up each day in this country, in this state, working with the team at Arcane, and having the privilege of the partnerships and mentors who have guided me. I’ve been part of several seemingly unrelated industries, but I’ve learned to extract valuable lessons from each situation.

What was your biggest mistake and what did you learn from it?

For the longest time I got too caught up in all the difficulties between where I was and where I wanted to go. Sometimes you just have to keep rowing and don’t look up until you’re out of the storm.

What is the best advice you have received?

The best advice was actually the worst. I was told to “aim lower.” That didn’t make sense to me, so I went the opposite. Over the past few years I’ve been fortunate to be around great people who were kind enough to invest time in me and bestow an incredible amount of wisdom, most of which was over my head, but I like to think a few things stuck.

Send this to a friend