February 28, 2017 – HCAP Partners has been recognized as an ImpactAssets 50 (“IA 50”) Fund for 2016. This designation marks the fourth consecutive year that HCAP Partners has been selected as an IA 50 Fund.
February 14, 2017: HCAP Partners has completed a mezzanine debt investment in Progistics Distribution, Inc. to support the company’s recapitalization and growth initiatives which include the creation of over 35 new jobs in Henderson, Nevada.
February 3, 2017: HCAP Partners portfolio company, Datashield, LLC, announced the release of a new cyber security product called The Datashield Security Appliance. Built in partnership with DELL EMC, and leveraging RSA's NetWitness Suite, the product represents a significant shift in the economics of cyber security, allowing mid-market companies to capitalize on enterprise-level security at a fraction of the cost.
January 31, 2017: HCAP Partners announces the sale of Vertical Management Systems, Inc. to NewSpring Holdings, LLC, the dedicated control buyout strategy of NewSpring Capital, a family of private equity funds
November 3, 2016: HCAP Partners announces that it has sold its investment in Advanced Structural Alloys (ASA) of Oxnard, California. ASA is an industry-leading manufacturer of rotary forged and flow formed products for the automotive, defense, aerospace, and alternative energy markets based in Oxnard, California.
September 19, 2016: HCAP Partners' portfolio company, Lucernex, announced that a Travis County Judge has dismissed with prejudice every claim Accruent made against Lucernex. The judge’s ruling reaffirms that Lucernex conducts business with integrity and did not engage in any unfair business practices.
September 8, 2016: HCAP Partners announces the promotion of Nicolas Lopez to Principal. Nicolas serves as a key member of the investment team, responsible for the origination and analysis of new investment opportunities, deal structuring, execution, and investment monitoring.
August 17, 2016: HCAP Partners' portfolio company, Noribachi, has been named to Inc. Magazine’s “Inc. 5000 List of America’s Fastest-Growing Private Companies”, placing 626 out of the 5000 total honorees.
July 20, 2016:Article profiling HCAP Partners' portfolio company, Cubex, and its CEO, Anton Visser. Cubex, which provides automated medication and supply management for veterinary, dental and health-care industries, reports 40 percent annual growth and more than 2,000 U.S. clients plus more in Australia, Canada, the United Kingdom and the Caribbean.
July 18, 2016:HCAP Partners announces an investment in Lucernex, Inc. The investment will further fuel the growth that Lucernex has experienced as more of the world’s leading retailers, restaurants, healthcare providers and financial services firms adopt its cloud-based Integrated Workplace Management System (IWMS) and Store Lifecycle Management (SLM) solutions.
July 14, 2016: HCAP Partners' portfolio company, Noribachi, announces its continued growth in Q2 2016 due to the launch of its ALiVE product line, expansion of its regional sales organization and enhanced manufacturing capabilities
June 23, 2016: HCAP Partners announces the promotion of Frank Mora to Partner in the firm. Frank has been a key member of the HCAP Partners investment committee for HCAP Partners III, L.P. since joining the firm in early 2013 and is responsible for the origination, structuring, diligence, and execution of new investment opportunities as well as limited partner relationships.
June 2, 2016: The Canadian company Rouge Media Group has announced the acquisition of the largest U.S. College digital out-of-home advertising network – On Campus Media – for all of its digital video, online and mobile assets.
May 31, 2016: HCAP Partners announces a follow-on equity investment in Resolve Systems. This additional growth capital will be used to further accelerate Resolve System’s aggressive product and international expansion strategies.
May 3, 2016: HCAP Partners announces the successful exit of its mezzanine loan funding to EPIS, Inc., a power market forecasting software company. The financing was used to help the current shareholders diversify their holdings and recapitalize the stock in support of new employee ownership.
April 18, 2016: HCAP Partners portfolio company, Vertical Management Systems Inc. (VMS), along with Envestnet | Retirement Solutions (ERS) and United Retirement Plan Consultants (URPC), announced an innovative strategic partnership.
March 2, 2016: HCAP Partners announces its exit from portfolio company RJE International (“RJE”). RJE supplies high tech mission critical products including sonar beacons, diver navigation products, and underwater relocation products to various branches of the U.S. government, major airlines, and commercial customers in over 75 countries worldwide.
February 26, 2016: Veterinary Study Groups, Inc. (VSG), the parent corporation for a family of 32 Veterinary Management Groups (VMG), renewed their Preferred Group Agreement with HCAP Partners' portfolio company, Cubex®, a leading provider of pharmacy and supply management technology to the animal healthcare market, to continue providing solutions to their member practices.