HCAP Partners

HCAP Partners is a private equity firm specializing in growth capital investments, buyouts, acquisition financing, recapitalization, general working capital, long term structured loans, and mezzanine debt investments. It does not invest in start-up businesses. The firm typically invests in lower middle market and later stages. It seeks to invest in services, manufacturing, homeland security, aerospace and defense, business services, consumer products, health care, and information technology/software sectors. It prefers to invest in lower middle market based in California and the western United States. The firm typically invests between $1 million and $9 million in its portfolio companies with revenues between $10 million, Enterprise value between $10 million and $ 60 million and $75 million and a minimum EBITDA of $1 million. It invests in the form of warrants, preferred or common stock options, and royalties. The loans provided by the firm are accompanied by warrants to purchase an equity interest in the borrower, royalties, or a combination of the two. It invests in debt, equity, or combinations. The firm prefers to acquire an active board positions in its portfolio companies. It seeks to exit its investments within a period of five years. It prefers to provide mezzanine debt investments for minority equity participations. The firm typically prefers to be a minority or majority shareholder. It was formerly known as Huntington Capital LLC. HCAP Partners was founded in 2000 and is based in San Diego, California and additional offices in Las Vegas, Nevada; and Reno, Nevada.

Tim Bubnack

Managing Partner

LB

Laura Busch

Impact Associate

CF

Christopher Fallone

Associate

Nicolas Lopez

Principal

Hope Mago

Partner

Morgan Miller

Co-Founder Emeritus

Frank Mora

Partner

KN

Kurt Noyes

CFO

Bhairvee Shavdia

Principal

28 past transactions

RPI (Reischling Press)

Series A in 2010
Reischling Press, Inc. provides digital image printing services. The company offers manufacturing and fulfillment solutions for the consumer print-on-demand market. Its solutions comprise a range of consumer photo products; design, consulting, printing, finishing, and shipping services; and a white label solution that provide designs, tools, support, and production for personalized products from the user's Website. The company was incorporated in 1978 and is based in Tukwilla, Washington.

Wave Technology Solutions

Private Equity Round in 2011
WAVE Technology Solutions Group was established in 1992 to provide cost effective and innovative Information Management systems, backfile conversion and data hosting solutions to a wide variety of industries and Government agencies. The hallmark of WAVE Technology Solutions Group has been its ability to meet business needs in complex and heterogeneous computing environments. WAVE’s vision is to provide their clients with cost effective, secure and efficient solutions to access their mission critical documents at any time (24x7x365) from anywhere. WAVE's mission is to take a collaborative team approach with our clients to create information infrastructure solutions by putting information first, putting it to work and leveraging its value.

BetterNight

Series A in 2019
BetterNight is a provider of pap services firm. It is a health, wellness, and fitness company. It has respected roots in sleep medicine, engineering successful home sleep testing processes to help patients sleep better at night. It allows them to bring decades of research and clinically validated treatments to the fingertips of each patient. It offers services like sleep, wellness, disease management, wellbeing, wellness program, digital medicine, and more.

Aktino

Series B in 2005
Positron Access Solutions design, manufactures, and markets networking and broadband management equipment to information technology and telecommunication industries. The company's platform enables broadband connectivity and system networking services. It partners with EMBARQ Logistics. Positron Access Solutions was formerly known as Aktino, Inc. and changed its name after its acquisiton by Positron Inc. The company was founded in 2003 and is headquartered in Irvine, California. As of May 11, 2009, Aktino, Inc. operates as a subsidiary of Positron Inc.

Datashield

Venture Round in 2014
DATASHIELD has provided advanced data security services since its founding in 2009. Our model combines people, processes, and technology to help modern organizations and enterprises stay ahead of advanced threats that compromise security and can cost millions of dollars. By using cutting-edge technology, we give our customers visibility into potentially damaging activity within their infrastructure by continuously monitoring activity across their enterprise. We employ teams of experienced professionals that bring human intelligence to the monitoring and analysis of data, helping organizations identify potential threats and breaches. These teams also help our customers respond quickly and effectively to neutralize any identified threats.

DYPER

Private Equity Round in 2019
DYPER is a subscription-based diaper delivery service, delivering eco-friendly, plant-based, absorbent, and soft diapers. DYPER products are made from responsibly sourced materials that are free of harmful chemicals, prints, and scents. With proper precautions, they can be composted at home or with commercial composters, where available. The company was founded in 2015 and is headquartered in Scottdale, Arizona.

Arosa

Private Equity Round in 2018
Arosa strives to create value by taking an operational approach to investing in the healthcare services industry. Through its affiliates, Nurse Care of North Carolina and Developmental Therapy Associates, it provides non-medical in-home care, skilled in-home care, pediatric therapy, and facility staffing throughout Central and Eastern North Carolina.

RPI (Reischling Press)

Series B in 2010
Reischling Press, Inc. provides digital image printing services. The company offers manufacturing and fulfillment solutions for the consumer print-on-demand market. Its solutions comprise a range of consumer photo products; design, consulting, printing, finishing, and shipping services; and a white label solution that provide designs, tools, support, and production for personalized products from the user's Website. The company was incorporated in 1978 and is based in Tukwilla, Washington.

eLearning Brothers

Private Equity Round in 2020
eLearning Brothers is a global Provider of eLearning templates and custom eLearning design. Founded in 2009 and growing rapidly, eLearning Brothers is #331 of the fastest growing private companies in America in 2014, #1 fastest growing company in Utah County, and top 8 startups in Utah. eLearning Brothers (eLB) helps you build awesome eLearning. Our eLearning Template Library is the most awesome on the planet. ELB will help you look awesome with professionally designed templates, help you save development time and money, and expand your skills and capabilities by seeing how templates are created.

TCS Healthcare Technologies

Private Equity Round in 2019
Since 1983, TCS Healthcare Technologies has been developing, selling, implementing, and supporting clinical software solutions that are reliable, cost effective, and promote the best clinical practices. Our flagship platform is ACUITY Advanced Care™ Management Software, a highly configurable tool that supports a variety of workflows and care plan standardization. TCS Healthcare Technologies is a leading provider of software and clinical solutions that improve utilization, case, disease, population health management performance and effectiveness for health plans, insurers, providers, third party administrators, medical management companies, and other healthcare organizations that serve both the private and public sectors. They feature a number of nurse clinicians with IT and managed care experience here in the U.S. to develop, implement and support the ACUITY suite of products. With their clinical experience and knowledge of best practices, they can help you design clinical programs to meet the specific needs of your membership. At TCS, they take pride in their culture of service. They provide a full array of technical and clinical consulting services to help their clients achieve their business objectives with the use of ACUITY. This begins with the software implementation and continues as organizations experience new business needs and challenges, and wish to take full advantage of the workflow support ACUITY provides.

Mission Healthcare

Private Equity Round in 2019
Mission Healthcare is a Medicare-certified agency founded by a group of clinicians in 2009. Mission assists with a variety of health services within the comfort of the home-setting: the optimal healing environment. Mission Home Health provides a compassionate team of licensed clinicians including nurses, therapists, and social workers to address both the clinical and emotional needs of patients.

AMFM Healthcare

Private Equity Round in 2021
AMFM Healthcare specializing in primary mental health residential treatment for individuals and their family members. They help individuals build a foundation of behavioral and lifestyle changes that drastically reduce the effects of mental illness. The company's mission is to help people who suffer from mental disorders heal and recover to help regain stability in their lives. AMFM Healthcare was founded in 2011 and is headquartered in San Juan Capistrano, CA.

BetterNight

Series B in 2020
BetterNight is a provider of pap services firm. It is a health, wellness, and fitness company. It has respected roots in sleep medicine, engineering successful home sleep testing processes to help patients sleep better at night. It allows them to bring decades of research and clinically validated treatments to the fingertips of each patient. It offers services like sleep, wellness, disease management, wellbeing, wellness program, digital medicine, and more.

Lone Star Aerospace

Private Equity Round in 2021
Improve operational performance, monetary savings and risk reduction via analysis with deep industry knowledge and the most sophisticated tools and data available. Lone Star offers critical awareness of essential market, segment and customer knowledge through competitive influenced uptake simulations, probability-of-win analysis and other competitive insight. Conscience understanding of the true “Price-to-Win”, critical competitive performance thresholds, strategic execution elements and other operational choices. Identifies the true quantification of the financial impact and degree of risk associated with actions or events for organizations and programs. Lone Star provides Price-to-Win solutions that are integral to the strategic capture and business development process by delivering high confidence answers at critical gate reviews. Cornerstone technology is Tru Navigator, a 4th generation decision support tool designed to address virtually any problem, and especially excels at addressing problems with significant analytical and organizational complexity.

83Bar

Debt Financing in 2021
83bar is the only fully integrated "patient activation"​ company.Operator of a marketing automation platform for the healthcare sector. The company engages in utilizing a combination of social media outreach and call centers to schedule and deliver patients to service providers in a variety of healthcare-related industries, enabling healthcare providers to receive a consistent and higher return on investments of their advertisements as well as help them gain market insights about their practices and device.

TCS Healthcare Technologies

Private Equity Round in 2021
Since 1983, TCS Healthcare Technologies has been developing, selling, implementing, and supporting clinical software solutions that are reliable, cost effective, and promote the best clinical practices. Our flagship platform is ACUITY Advanced Care™ Management Software, a highly configurable tool that supports a variety of workflows and care plan standardization. TCS Healthcare Technologies is a leading provider of software and clinical solutions that improve utilization, case, disease, population health management performance and effectiveness for health plans, insurers, providers, third party administrators, medical management companies, and other healthcare organizations that serve both the private and public sectors. They feature a number of nurse clinicians with IT and managed care experience here in the U.S. to develop, implement and support the ACUITY suite of products. With their clinical experience and knowledge of best practices, they can help you design clinical programs to meet the specific needs of your membership. At TCS, they take pride in their culture of service. They provide a full array of technical and clinical consulting services to help their clients achieve their business objectives with the use of ACUITY. This begins with the software implementation and continues as organizations experience new business needs and challenges, and wish to take full advantage of the workflow support ACUITY provides.

Myndshft Technologies Inc.

Private Equity Round in 2021
Myndshft Technologies is powering the next generation of healthcare administration with blockchain and artificial intelligence. Through their proprietary cognitive blockchain platform, Myndshft is simplifying claims management and prior authorizations, and leading the shift to value-based care.

Lone Star Aerospace

Private Equity Round in 2019
Improve operational performance, monetary savings and risk reduction via analysis with deep industry knowledge and the most sophisticated tools and data available. Lone Star offers critical awareness of essential market, segment and customer knowledge through competitive influenced uptake simulations, probability-of-win analysis and other competitive insight. Conscience understanding of the true “Price-to-Win”, critical competitive performance thresholds, strategic execution elements and other operational choices. Identifies the true quantification of the financial impact and degree of risk associated with actions or events for organizations and programs. Lone Star provides Price-to-Win solutions that are integral to the strategic capture and business development process by delivering high confidence answers at critical gate reviews. Cornerstone technology is Tru Navigator, a 4th generation decision support tool designed to address virtually any problem, and especially excels at addressing problems with significant analytical and organizational complexity.

CortiCare

Private Equity Round in 2019
Recent advances in telemetry and on-line communication security makes real-time bedside monitoring of brain activity possible. CortiCare provides telemetry services that utilize these advances to continuously monitor video EEG at the patient bedside from remote locations. We provide a continuous set of eyes on the EEG wave forms and alert the neurologist of any remarkable events.

DYPER

Venture Round in 2020
DYPER is a subscription-based diaper delivery service, delivering eco-friendly, plant-based, absorbent, and soft diapers. DYPER products are made from responsibly sourced materials that are free of harmful chemicals, prints, and scents. With proper precautions, they can be composted at home or with commercial composters, where available. The company was founded in 2015 and is headquartered in Scottdale, Arizona.

Sleep Data

Private Equity Round in 2019
Sleep Data Holdings, LLC treats and diagnose sleep apnea. The company provides Home Sleep Testing, Diagnosis, Continuous positive airway pressure Therapy, Therapist Coaching, Continued Care & Supplies, and Dental Sleep Medicine using Oral Appliance Therapy and Combination Therapy services. Sleep Data Holdings, LLC also provides equipment to learn about sleep disorders. Sleep Data Holdings, LLC was founded in 1995 and is headquartered in San Diego, California.

Confirm Biosciences, Inc.

Private Equity Round in 2019
Confirm Biosciences is a women owned business located in San Diego, CA. Confirm Biosciences is a worldwide provider of on-site drugs of abuse testing products marketed under the trade names SalivaConfirm®, DrugConfirm™, Hairconfirm™ and for private label. During their 5 year history, they have developed a global distribution network with a strong presence in North America, Europe and Australia.

Baked in the Sun, Inc.

Private Equity Round in 2017
Baked in the Sun is a wholesale bakery provider manufacturing high quality, fresh and frozen products for coffee houses, supermarkets, big box retailers, food service, hotels, hospitals and schools. They distribute directly to customers in Southern California and Las Vegas via their own fleet of delivery trucks, and nationally throughout the remainder of the United States via distributors. Baked in the Sun partners with their customers to provide custom wholesale bakery and food manufacturing solutions and is proud to be the supplier their customers can always count on.

Lucernex, Inc.

Private Equity Round in 2016
Lucernex is a provider of cloud-based integrated workplace management system(IWMS) software solutions. The company's real estate lifecycle management solutions are used every day to proactively manage more than 100,000 real estate locations on 5 continents for more than 160 brands. Lucernex's Market Leading Lx Contracts solution is FASB compliant (new and old rules) and can manage real estate and equipment leases as well as many other contract types. The Lucerenx team is comprised of some of the most talented and experienced professionals in the industry – all driven by a shared goal – the success of our customers. All Lucernex solutions are built on the Lucernex Cloud Platform so they are fully integrated and available individually or as a complete real estate lifecycle solution.