News & Updates
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.
HCAP Partners Announces Exit of Portfolio Company Eaton Veterinary Pharmaceutical, Inc.
August 10, 2017 - HCAP Partners announced the sale of Eaton Veterinary Pharmaceutical (d/b/a Roadrunner Pharmacy), a leading specialty compounding pharmacy, to Direct Vet Marketing, parent company of Vets First Choice, the leading provider of technology enabled healthcare services for veterinary practices.
HCAP Partners Announces Exit of Portfolio Company Parallel 6
August 8, 2017 - HCAP Partners has exited its investment in Parallel 6, Inc., a mobile clinical SaaS platform designed to recruit, enroll, engage and manage patients in clinical trials. P6 was recently sold to PRA Health Sciences, Inc. (NASDAQ: PRAH).
HCAP Partners Announces Investment in Baked in the Sun, Inc.
August 1, 2017 – HCAP Partners announced that it has completed a mezzanine debt investment in Baked in the Sun, Inc. (“BITS”) to help facilitate BITS’ acquisition of S&S Bakery and expansion into new markets.
HCAP Partners Announces Exit of Portfolio Company Resolve Systems
May 26, 2017 – HCAP Partners announces the sale of Resolve Systems, a leading provider of incident response and resolution software, to Insight Venture Partners.
HCAP Partners Selected As an ImpactAssets 50 Fund
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.
HCAP Partners Announces Investment in Progistics Distribution, Inc.
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.
Datashield Introduces Turnkey Cyber Security Appliance
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.
HCAP Partners Announces Successful Exit of Portfolio Company Vertical Management Systems
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
HCAP Partners Announces Investment in Burke Williams
January 24, 2017: HCAP Partners announces that it has completed a mezzanine debt investment in Burke Williams, Inc. to support the company’s recapitalization and growth initiatives.
HCAP Partners Announces Successful Exit of Portfolio Company Advanced Structural Alloys
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.
HCAP Partners Announces Promotion of Nicolas Lopez to Principal
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.
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.
HCAP Partners Promotes Frank Mora to Partner
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.
HCAP Partners Announces Follow-On Investment in Resolve Systems
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.
HCAP Partners Exits Recapitalization Financing with EPIS
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.
HCAP Partners Announces Follow-On Investment in Noribachi
April 21, 2016: HCAP Partners announces that it has led a follow-on round of investment in Noribachi with participation from new investors including the Northwest Area Foundation
HCAP Partners Announces Exit of Investment in RJE International
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.
HCAP Partners Promotes Hope Mago to Principal
January 26, 2016: HCAP Partners (formerly Huntington Capital) has announced the promotion of Hope Mago to the position of Principal in the firm.
Noribachi Named to Deloitte Technology Fast 500
November 17, 2015: HCAP Partners' portfolio company, Noribachi, has been named to the Deloitte Technology Fast 500, recognizing the fastest growing public and private technology companies in North America.