News & Updates
HCAP Partners Announces Exit of Portfolio Company Accruent
October 2, 2018 – HCAP Partners announced today that Fortive Corporation (NYSE: FTV) has acquired Accruent, Inc., a leading provider of physical resource management software, for approximately $2.0 billion in cash.
HCAP Partners Announces Exit of Portfolio Company Lucernex
August 15, 2017 - HCAP Partners announces that it has exited its investment in Lucernex, Inc., a leading, global provider of cloud-based, Integrated Workplace Management Systems (IWMS). Lucernex was recently sold to Accruent, LLC.
Lucernex is Vindicated. Texas Court Dismisses All Claims Due To Lack Of Evidence.
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.
HCAP Partners Announces Investment in Lucernex
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.