HCAP

HCAP Partners Releases Annual Impact Report: Advancing Health, Well-Being & Quality Jobs

Retrieved on: 
Tuesday, April 30, 2024
Well, HCAP, Workforce, Investment, LP, Health, Doctor of Philosophy, LP record, Philosophy, SAN, Health care

SAN DIEGO, April 30, 2024 /PRNewswire/ -- HCAP Partners LLC is thrilled to release our annual impact report: Advancing Health, Well-Being & Quality Jobs. The report reflects on our 2023 investments, highlighting our unique approach to working with our portfolio companies and summarizing the positive impact we seek to achieve through our capital and our approach to value creation.

Key Points: 
  • SAN DIEGO, April 30, 2024 /PRNewswire/ -- HCAP Partners LLC is thrilled to release our annual impact report: Advancing Health, Well-Being & Quality Jobs.
  • "Our philosophy on impact investing prioritizes ways to drive lasting change," said Tom Woelfel, Senior Director of Impact at HCAP.
  • "Creating meaningful and sustained impact through every stage of our investment process is central to our mission."
  • The Worthwhile Jobs Survey™ has provided us and our portfolio companies with actionable insights that help improve job quality.

HCAP Partners Leads Formation of PAX Health

Retrieved on: 
Tuesday, March 12, 2024
Finance, General Health, Health, Asset Management, Mental Health, Consulting, Banking, Professional Services, Depression, PAX, Growth, Partnership, Patient, Trauma, Anxiety, BMA, Couples therapy, Chronic pain, Traumatic brain injury, HCAP, Medicaid, WCPN, Psychiatry, Opioid, PTSD, Nursing

HCAP Partners , a California-based private equity firm and nationally recognized impact investor, alongside seasoned healthcare executives Anthony DeSena and Roy Leitstein, today announced the acquisitions of Behavioral Medicine Associates (BMA), Workers Compensation Psychological Network (WCPN), and Reservoir Health , merging under PAX Health (PAX).

Key Points: 
  • HCAP Partners , a California-based private equity firm and nationally recognized impact investor, alongside seasoned healthcare executives Anthony DeSena and Roy Leitstein, today announced the acquisitions of Behavioral Medicine Associates (BMA), Workers Compensation Psychological Network (WCPN), and Reservoir Health , merging under PAX Health (PAX).
  • The combination of the three businesses under the PAX Health umbrella creates one of the largest behavioral health businesses in the Northeastern U.S. and allows PAX to extend the full continuum of care to patients.
  • Additionally, HCAP will help accelerate job quality improvements for PAX Health professionals through its proprietary Gainful Jobs Approach™ , an impact framework that focuses on career advancement, economic opportunity, diversity, and health and wellness.
  • “We’re thrilled to partner with HCAP as we expand our footprint and access to mental healthcare,” said Anthony DeSena, CEO of PAX Health.

Monteverde & Associates PC and Kahn Swick & Foti LLC Announce Proposed Class Action Settlement on Behalf of All Owners of Harvest Capital Credit Corporation Common Stock

Retrieved on: 
Wednesday, March 27, 2024
Order, Justice Center, ALL, Lis pendens, TIME, Prejudice, Class, Episcopal conference, THIS, HCAP, Calendar, Documentation, Internet, CLASS, Settlement, COMMON, Stipulation, HARVEST, Plaintiff, Address, Judgement, Hearing, Insurance

The purpose of this notice (the "Summary Notice") is to inform you of: (i) the class action lawsuit captioned In re Harvest Capital Credit Corporation Stockholder Litigation, pending in the Court of Chancery of the State of Delaware (the "Court") with Civil Action Number 2021-0164-JTL (the "Action"); (ii) the proposed settlement of this Action (the "Settlement") between Plaintiffs and Defendants; and (iii) the hearing to be held by the Court in connection with the proposed Settlement.

Key Points: 
  • The purpose of this notice (the "Summary Notice") is to inform you of: (i) the class action lawsuit captioned In re Harvest Capital Credit Corporation Stockholder Litigation, pending in the Court of Chancery of the State of Delaware (the "Court") with Civil Action Number 2021-0164-JTL (the "Action"); (ii) the proposed settlement of this Action (the "Settlement") between Plaintiffs and Defendants; and (iii) the hearing to be held by the Court in connection with the proposed Settlement.
  • If you have not received a detailed Notice of Pendency of Stockholder Class Action and Proposed Settlement, Settlement Hearing, and Right to Appear ("Notice"), you may obtain copies by writing to Harvest Capital Credit Corporation Stockholder Litigation, c/o Claims Administrator, P.O.
  • Box 4620, Portland, OR 97208-4620, 1-855-604-1813, or on the Internet at www.rg2claims.com/hcap.html .
  • No.

PAX Health Emerges as a Leading Force in Behavioral Health with the Strategic Acquisitions of Three Leading North-East-Based Companies

Retrieved on: 
Tuesday, March 12, 2024
Reservoir, PAX, BANK, Growth, Entrepreneurship, Mental, Health equity, Partnership, RED, Health, Patient, Mental health, Acquisition, BMA, HCAP, WCPN, Investment

These strategic acquisitions position PAX Health as a comprehensive provider in the behavioral health sector, combining the strengths and expertise of these premier companies to deliver innovative solutions for mental health and well-being.

Key Points: 
  • These strategic acquisitions position PAX Health as a comprehensive provider in the behavioral health sector, combining the strengths and expertise of these premier companies to deliver innovative solutions for mental health and well-being.
  • PAX Health is dedicated to addressing the complex challenges of mental health by integrating the best practices and resources from the acquired companies.
  • With a commitment to excellence, PAX Health aims to provide tailored solutions for individuals, businesses, and communities seeking comprehensive behavioral health services.
  • Pax Health believes in a better life for our patients, their families, and our providers" said Roy Leitstein, President and Co-Founder of Pax Health.

Xevant Embarks on Accelerated Growth with Significant Follow-on Investment from HCAP Partners and Tech Council Ventures

Retrieved on: 
Wednesday, February 21, 2024
Philosophy, Growth, HCAP, Optimism, TCV, Software, Renewable energy

LEHI, Utah, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Xevant, a leading provider of healthcare analytics and technology solutions, is pleased to announce a significant milestone in its growth journey, led by a large follow-on investment from key investors HCAP Partners and Tech Council Ventures.

Key Points: 
  • LEHI, Utah, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Xevant, a leading provider of healthcare analytics and technology solutions, is pleased to announce a significant milestone in its growth journey, led by a large follow-on investment from key investors HCAP Partners and Tech Council Ventures.
  • HCAP Partners and Tech Council Ventures, both early-stage investors in Xevant’s success, have now reaffirmed their confidence in Xevant, standing firmly behind the company's mission, compelling story, and impressive growth trajectory.
  • Xevant's Chief Financial Officer, Pete Tantillo, expressed enthusiasm about the continued support, stating, "We are thrilled to have HCAP Partners and Tech Council Ventures, two of our largest investors, confidently make such a large commitment to further the next phase of our growth.
  • Senior Partner Frank Mora shared his perspective, saying, "At HCAP Partners, we recognize the transformative potential of Xevant in the healthcare sector.

Tideline and Impact Capital Managers Publish Research on Cutting Edge Approaches to Investor Value Creation, Showing How Impact Can Drive Financial Outperformance

Retrieved on: 
Wednesday, February 7, 2024
Morrison & Foerster, GP, LeapFrog Investments, EQT Partners, Ford Foundation, ICM, Research, Ford, Noise, Partner (business rank), Exit, Investment, BlackRock, LP record, Entrepreneurship, Transformation, HCAP, Organization, Value, Renewable energy

NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Impact Capital Managers (ICM) and Tideline today published new research that explores how a committed approach to impact value creation can drive both financial and impact performance. This report is the latest in the "Alpha in Impact" series, which was launched by ICM in 2018 to explore the various ways in which impact objectives enhance financial value for investors throughout the investment management lifecycle. The full report, "New Frontiers in Value Creation," is available at https://tideline.com/NewFrontiersinValueCreation. 

Key Points: 
  • NEW YORK, Feb. 7, 2024 /PRNewswire/ -- Impact Capital Managers (ICM) and Tideline today published new research that explores how a committed approach to impact value creation can drive both financial and impact performance.
  • This commitment to impact efficacy is often pursued by investors with the goal of driving a commensurate improvement in the financial return of their investments.
  • Not only do we show that an impact edge can enhance financial performance, but we reveal the proven strategies impact investors are using to achieve those impact and financial performance uplifts."
  • The second "Alpha in Impact" report – also published with Morrison Foerster and released in 2023 – was titled " Strengthening Outcomes: Impact and Financial Value at Exit ."

Blackford Capital Acquires Data Science Automation, First Add-on to the PACIV Platform

Retrieved on: 
Wednesday, January 31, 2024
Control system, System, DSA, CSIA, Automation, Professional, Acquisition, Data science, Software, HCAP, Engineering, 3D printing

DSA is the first add-on to Blackford’s PACIV Platform, announced in June 2023.

Key Points: 
  • DSA is the first add-on to Blackford’s PACIV Platform, announced in June 2023.
  • The addition of Data Science Automation expands the Platform’s North American operations, expands engineering and technology capabilities, and provides new customer opportunities globally.
  • “We are excited to welcome Data Science Automation as the first add-on acquisition to the PACIV industrial automation platform,” said Jeff Johnson, managing director at Blackford Capital and chairman of the board of PACIV.
  • Varnum LLP served as legal advisor and Baker Tilly served as the financial and tax advisor to PACIV.

HCAP Partners Leads Investment in Apprio

Retrieved on: 
Tuesday, January 16, 2024
Patient, COVID-19, Hospital, Medicaid, HCAP, SAN, Public, Environment, Automation, RPA, Growth, Nursing

SAN DIEGO, Jan. 16, 2024 /PRNewswire/ -- HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced its investment in Apprio, a provider of specialized healthcare technology solutions and services for hospitals and health systems with a focus on automized solutions. Terms of the investment were not disclosed.

Key Points: 
  • SAN DIEGO, Jan. 16, 2024 /PRNewswire/ -- HCAP Partners , a California-based private equity firm and nationally recognized impact investor, today announced its investment in Apprio , a provider of specialized healthcare technology solutions and services for hospitals and health systems with a focus on automized solutions.
  • Led by Hope Mago and Jessica Kim at HCAP, the investment reflects HCAP's ongoing commitment to fostering innovation in the healthcare sector and supporting diverse-owned and diverse-led companies.
  • "Apprio is excited to partner with HCAP to begin this next stage in our company's growth.
  • As a leader in healthcare IT automation and advanced eligibility and enrollment, Apprio is committed to helping the entire industry advance to reduce healthcare costs and enhance the quality of care," said Darryl Britt, CEO of Apprio.

HCAP Announces New Investment in Simplified E-Solutions

Retrieved on: 
Monday, December 11, 2023
Compost, Waste management, Growth, Economic development, Partnership, SES, HCAP, SAN, Transport, Recycling

SAN DIEGO, Dec. 11, 2023 /PRNewswire/ -- HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced its investment in Simplified E-Solutions (SES), an innovative zero waste to landfill material processing and management company. Champlain Capital led the transaction. Terms of the investment were not disclosed.

Key Points: 
  • SAN DIEGO, Dec. 11, 2023 /PRNewswire/ -- HCAP Partners , a California-based private equity firm and nationally recognized impact investor, today announced its investment in Simplified E-Solutions (SES), an innovative zero waste to landfill material processing and management company.
  • Terms of the investment were not disclosed.
  • "We remain steadfast in our commitment to supporting companies that uplift underserved markets," said Frank Mora, Senior Partner at HCAP.
  • "This investment underscores our confidence in Simplified E-Solutions' visionary approach to waste management.

Lumifi Seeking to Acquire MDR Cybersecurity Firms to Accelerate Growth: Lumifi Is on Fast Track to Expand Cybersecurity Footprint Worldwide

Retrieved on: 
Tuesday, October 24, 2023
Data Management, Online Privacy, Security, Technology, Software, Networks, Internet, Cortex, SOAR, United States Department of Defense, HCAP, Automation, MDR, Publication, Organization, Acquisition, Fortune 500, Research, ADT, Partnership, Castra, Security operations center, Artificial intelligence, CISO, BOK Financial Corporation, Risk management, ID, Investment, Government, Medical device, Response, Gartner

Lumifi , a cybersecurity industry leader, is embarking on a strategic expansion plan by targeting cybersecurity firms.

Key Points: 
  • Lumifi , a cybersecurity industry leader, is embarking on a strategic expansion plan by targeting cybersecurity firms.
  • By integrating top-tier cybersecurity analysts with cutting-edge systems, Lumifi steadfastly maintains its gold standard in safeguarding its esteemed clientele.
  • The company is now primed to secure 2-4 more acquisitions within the next 6 to 18 months, bolstering its position in the cybersecurity landscape.
  • The Lumifi cybersecurity services are resonating with top-tier clients.”
    Staying ahead of cybercriminals is no easy task, but Lumifi continues to evolve and innovate.