HCAP Partners

HCAP Partners is a private equity firm based in San Diego, California, specializing in growth capital investments primarily in lower middle market companies across California and the Western United States. Founded in 2000, the firm focuses on sectors such as manufacturing, healthcare, services, and technology. HCAP Partners typically invests between $2 million and $25 million in companies with revenues ranging from $10 million to $100 million and enterprise values between $10 million and $60 million. The firm does not engage in start-up investments and prefers to acquire active board positions in its portfolio companies. It employs a range of investment strategies, including equity, debt, and combinations thereof, often providing mezzanine debt investments for minority equity participations. HCAP Partners aims to generate above-market returns while contributing to the economic well-being of the communities it serves, seeking to exit its investments within five years.