HPS Investment Partners

HPS Investment Partners is a global investment firm established in 2007, specializing in non-investment grade credit. Headquartered in New York, the firm operates with a team of 93 investment professionals and has over 200 employees across ten offices worldwide. Initially formed as a unit of Highbridge Capital Management, a subsidiary of J.P. Morgan Asset Management, HPS was previously known as Highbridge Principal Strategies, LLC. In March 2016, HPS became an independent entity when its principals acquired the firm from J.P. Morgan, which retained the hedge fund strategies. As of mid-2016, HPS managed approximately $30 billion in assets. The firm also operates specialized funds, such as the European Liquid Loan Opportunities Master Fund, which focuses on direct lending opportunities in Europe.

Peter Calabro

Managing Director

Colbert H. Cannon

MD

Philip Cothern

Managing Director

Paul Knollmeyer

MD, CFO and Chief Risk Officer

Carola Koidl

Vice President

Ashley Li

Vice President, Business Development Investor Relations

Jennifer Severance

Vice President

Carla Storey

Vice President

14 past transactions

SimpliSafe

Debt Financing in 2022
SimpliSafe, Inc. is a manufacturer of home protection products based in Boston, Massachusetts. Founded in 2006, the company specializes in designing and selling wireless security systems, which include sensors, cameras, and monitoring services for residential and commercial properties. SimpliSafe’s security solutions provide an affordable and easy-to-install alternative to traditional options, featuring 24/7 professional monitoring without long-term contracts. The systems offer various protective features such as cellular connections, SMS alerts, and smoke and fire detection. In 2018, SimpliSafe redesigned its security system to enhance performance, making it more compact and efficient. The product lineup includes entry sensors, motion detectors, glassbreak sensors, and smoke detectors, with plans to introduce additional features like a video doorbell and smart locks. SimpliSafe has received recognition for its innovation and service quality, including awards and high ratings from consumer advocacy organizations.

Greencross

Debt Financing in 2022
Greencross Limited is an integrated pet care company operating in Australia and New Zealand, specializing in veterinary services and pet retail. The company is divided into three segments: Retail, Veterinary, and New Zealand, offering a comprehensive range of pet food, products, and accessories alongside various services such as grooming, dog washing, obedience training, and pet insurance. Greencross operates a network of veterinary clinics that include general practices, emergency centers for after-hours care, and specialty centers providing advanced medical services in areas like surgery, dermatology, and dentistry. Its veterinary clinics operate under several brands, including Greencross Vets and Animal Emergency Centre, while its retail stores are branded as Petbarn and Animates. Founded in 1994 and based in Woolloongabba, Australia, Greencross has built a significant presence in the pet care industry, with approximately 440 retail stores and veterinary clinics as of August 2018.

Kobalt

Debt Financing in 2022
Kobalt is an independent music services company that provides technology-driven solutions designed to enhance transparency and efficiency for rights owners in the music industry. The company operates through its Music Publishing, Label Services, and Neighbouring Rights divisions, offering a modern alternative to traditional business models. Kobalt empowers artists, songwriters, and publishers by providing real-time reporting through its Kobalt Portal, along with global licensing management, royalty collection, and digital marketing services. With a workforce of over 275 employees and a client roster that includes prominent artists and songwriters, Kobalt represents more than 8,000 creators and 600,000 songs, significantly impacting the music charts. The company aims to ensure fair and accurate payment for its clients while navigating the complexities of the digital music landscape.

The Ardonagh Group

Private Equity Round in 2021
The Ardonagh Group brings together leading businesses in their fields to create a smart new vision for the insurance industry.

Ankura

Private Equity Round in 2021
Ankura Consulting Group is a business advisory and expert services firm. Their deep understanding of the opportunities and challenges clients face enables their team to provide impactful, senior-level counsel. As an independent firm built on five key principles - Integrity, Quality, Diversity, Collaboration and Longevity - their relationships extend beyond one engagement or issue. They empower their experts to provide a high-touch, unique approach for their clients in critical times. By leveraging their dynamic organization, they are able to mobilize quickly - a critical attribute given uncertain times and rapidly changing environments demand swift engagement to protect and enhance value for their clients.

Intersect Power

Debt Financing in 2021
Intersect Power is a clean infrastructure company bringing efficient, innovative, and scalable low-carbon solutions to its customers in energy and commodity markets. Our expertise includes all phases of development, design, engineering, finance, and operations. Intersect Power has a pipeline of 3.2GWDC of late-stage solar and storage projects that will be in operation by 2023 and an emerging pipeline of other clean infrastructure assets. The company has also developed and sold more than 1.7 GWDC of contracted solar projects across California and Texas, which are owned and operated by third-party investors.

Saviynt

Private Equity Round in 2021
Saviynt is an innovative leader in providing Identity Governance and Cloud Security solutions. It secures critical apps, data and infrastructure in the Cloud (Workday, Office 365, AWS, Salesforce.com), Enterprise (SAP, Oracle EBS, Epic) and Big Data platforms (Hadoop, SAP HANA). Saviynt's next-gen IGA platform uniquely combines data access policies, access controls & usage analytics with advanced Role & SOD management, risk-based access request & certification.

Desktop Metal

Post in 2020
Desktop Metal, Inc. specializes in additive manufacturing solutions tailored for engineers, designers, and manufacturers across various industries, including automotive, aerospace, healthcare, and consumer products. Founded in 2015 and headquartered in Burlington, Massachusetts, the company offers several products, such as the Production System for industrial manufacturing, the Shop System for machine and job shops, the Studio System for office environments, and Fiber, a desktop 3D printer. By focusing on the entire production process from prototyping to mass production, Desktop Metal aims to transform how metal parts are designed and manufactured. The company has secured significant equity funding from notable investors, which has helped build a team of experts in materials science, hardware and software engineering, and design.

Atento

Private Equity Round in 2020
Atento S.A. is a leading provider of customer relationship management (CRM) and business process outsourcing (BPO) services, operating primarily in Latin America and extending its reach to Europe, the Middle East, and Africa. The company offers a comprehensive suite of front and back-end services, including sales, customer care, technical support, collections, and back-office operations. Atento serves a diverse array of industries, such as telecommunications, banking, financial services, consumer goods, public administration, healthcare, and logistics. Its services are delivered through various digital channels, including SMS, email, chats, social media, and apps, as well as traditional voice interactions. With a strong operational presence, particularly in Latin America and Spain, Atento is well-positioned to support clients in their local markets, enhancing business efficiency and customer experience. The company's workforce of over 160,000 employees is integral to its success, contributing to its reputation as a top employer and a trusted partner for businesses seeking to meet evolving consumer demands.

SumUp

Debt Financing in 2019
SumUp is a financial technology company focused on facilitating mobile payments for businesses. It offers a mobile point-of-sale (mPOS) solution that allows businesses to accept card payments easily, securely, and affordably. The company's unique end-to-end EMV card acceptance solution is built on proprietary hardware and mobile applications, enabling it to operate in 16 markets, including the United States, Brazil, and Germany. SumUp's card readers support various payment methods, including magstripe, chip, and contactless transactions, making them suitable for small and medium-sized enterprises. Additionally, the company provides a comprehensive suite of software development kits (SDKs) and application programming interfaces (APIs) for third-party integrations. In 2016, SumUp merged with payleven, enhancing its position as a leader in the mobile payment sector. The company has gained support from notable investors such as American Express and BBVA Ventures.

Spruce Finance

Venture Round in 2019
Spruce Finance Inc. is a financial services company based in San Francisco that specializes in consumer financing for residential solar systems, water conservation upgrades, and energy efficiency home improvements. Established in 2011, the company offers a range of financing options, including solar leases, loans, power purchase agreements, and PACE products, which assist homeowners in reducing their utility expenses related to power, water, and heating and cooling. Spruce Finance collaborates with a national network of contractor and channel partners, including solar installers, general contractors, and HVAC experts, to deliver its services across the United States. The company's focus is on making eco-friendly home improvements accessible and affordable for consumers, thereby promoting sustainable living.

Spruce Finance

Venture Round in 2017
Spruce Finance Inc. is a financial services company based in San Francisco that specializes in consumer financing for residential solar systems, water conservation upgrades, and energy efficiency home improvements. Established in 2011, the company offers a range of financing options, including solar leases, loans, power purchase agreements, and PACE products, which assist homeowners in reducing their utility expenses related to power, water, and heating and cooling. Spruce Finance collaborates with a national network of contractor and channel partners, including solar installers, general contractors, and HVAC experts, to deliver its services across the United States. The company's focus is on making eco-friendly home improvements accessible and affordable for consumers, thereby promoting sustainable living.
Safeguard Scientifics, Inc., founded in 1953 and headquartered in Radnor, Pennsylvania, is a growth capital firm that focuses on providing expansion financing and operational support to companies in the technology and healthcare sectors. The firm primarily invests between $5 million and $25 million in growth equity and up to $10 million in early-stage financing, targeting companies with proprietary technology and strong intellectual property. Safeguard specializes in a range of industries, including software as a service, digital health, financial technology, and medical devices, with a particular focus on the Mid-Atlantic region of the United States and Southeastern Canada. The firm typically aims to hold a significant ownership stake in its portfolio companies, often seeking to be the largest shareholder, and prefers to take a board seat to influence strategic direction.

NFP

Private Equity Round in 2017
NFP Corp. is an insurance broker, consultant, and wealth management company headquartered in New York. Established in 1998, NFP operates through two main segments: Insurance Brokerage and Consulting, and Advisor Services. The Insurance Brokerage and Consulting segment provides a range of solutions, including corporate benefits, retirement, property and casualty, and individual insurance products. The Advisor Services segment focuses on offering independent broker/dealer and registered investment advisory services to financial advisors. NFP is recognized for its commitment to client and employee well-being, delivering specialized insurance and financial services to high net worth individuals and small to medium-sized businesses. Additionally, NFP Ventures, a subsidiary established in 2018, invests in early-stage companies in sectors such as fintech, insurtech, and digital health, leveraging NFP's expertise to foster growth and success.