Petra Growth Fund I

Petra Growth Fund I, managed by Petra Capital Partners, is a private equity fund based in Nashville, Tennessee. Established in 1996, the firm specializes in providing growth capital to mid-market companies across the United States. Petra Growth Fund I, formerly known as Petra Mezzanine Partners, operates as a licensed Small Business Investment Company (SBIC) and has a history of investing in both equity and subordinated debt, with a focus on flexible investment structures tailored to the needs of portfolio companies. The fund has a capacity to invest up to $20 million per company and is supported by limited partners who can provide additional capital. Over the years, Petra Capital Partners has successfully invested over $650 million in approximately 100 high-growth private companies, demonstrating a commitment to fostering business development and expansion across various sectors.

Melanie L. Beavon

CFO

Michael Blackburn

Founding Partner & Managing Partner

David Fitzgerald

Partner

Sean K. Murphy

Senior Associate

Douglas Owen

Partner

Carter Owen

Director of Business Development

Matt Sotelo

Principal

Charles R. Webb

Vice President

21 past transactions

American Vascular Associates

Private Equity Round in 2023
American Vascular Associates' vision is to expand and support a synergistic model of outpatient solutions that is physician-driven and patient-focused.

Alternative Behavior Strategies

Private Equity Round in 2019
Alternative Behavior Strategies, Inc. is a behavior modification consultation firm based in Salt Lake City, Utah, established in 2011. The company specializes in providing health care services that utilize the principles of Applied Behavior Analysis (ABA). It focuses on assisting children between the ages of 2 and 18 in modifying social behaviors associated with pervasive developmental disorders or social-emotional disorders. Through its targeted approach, the firm aims to improve the quality of life for children by fostering positive behavioral changes.
Urgent Team Holdings, Inc. operates urgent care centers that provide urgent and primary health care services. It offers services for patients in the areas of sprains, strains, and broken bones; muscular pain and injuries; eye irritation and eye injuries; cuts and scrapes; bites, stings, and allergic reactions; burns and infections; diarrhea, nausea, and vomiting; flu, colds, and viral illnesses; pneumonia and bronchitis; and asthma attacks. The company also offers preventative screenings/wellness services, including flu shots, physicals, immunization and vaccinations, EKGs, and osteoporosis screening, as well as blood glucose, blood pressure, and cholesterol checks; radiology, lab work and diagnostic testing, and drug and alcohol screening services; and services for employers.

SUN Behavioral Health

Series A in 2016
SUN Behavioral Health, Inc. operates hospitals that provide various behavioral health services to children, youth, adults, and seniors. The company’s services include inpatient psychiatric and substance abuse treatment, partial hospitalization programs, intensive outpatient programs, 24-hour assessments, and crisis stabilization. It also serves women, and active duty and veteran military persons. The company is based in Red Bank, New Jersey. SUN Behavioral Health, Inc. operates as a subsidiary of SUN Behavioral HoldCo, LLC.

PlanetRisk

Series A in 2016
PlanetRisk is a big data analytics company based in Virginia, established in 2014 by Neal Choudhuri, Jerry Cogle, Mark Dumas, and Brian Sweeney. The company specializes in providing technology solutions that integrate and analyze large datasets, focusing on areas such as advanced analytics, geospatial business intelligence, and enterprise risk modeling. PlanetRisk's offerings include software products designed for risk assessment and management, which cater to various sectors, including defense, homeland security, intelligence, and private enterprises. Their tools combine big data with geospatial intelligence to identify hidden patterns, detect anomalies, and forecast conditions at multiple scales, thereby enhancing decision-making processes for organizations.

BP3 Global, Inc

Venture Round in 2016
BP3 Global is an provider of business process management (BPM) services and solutions.

Medaxion

Venture Round in 2016
Medaxion is a healthcare technology company that provides real-time anesthesia intelligence solutions. It offers Medaxion Pulse that eases scheduling, enhances communication, and reduces paperwork for anesthesia practices. Combining sophistication and simplicity, the platform includes mobile device software, browser-based interfaces, and data management components. The company's accessible, easy-to-use solutions improve financial performance, enhance quality, and optimize clinical teams. Medaxion was incorporated in 2008 and is based in Nashville, Tennessee.

Lineagen

Series C in 2015
Lineagen, Inc. is a genetics diagnostic company based in Salt Lake City, Utah, specializing in genetic testing and clinical information services for neurodevelopmental disorders, particularly autism. Founded in 2002, the company offers a range of diagnostic tools, including FirstStepDx PLUS, a chromosomal microarray platform designed to identify genomic changes related to autism and other neurodevelopmental disorders, and NextStepDx PLUS, a genetic sequencing test for detecting small genomic alterations. Additionally, Lineagen provides M-CHAT.org, an online screening resource for developmental evaluation. The company focuses on improving outcomes for individuals with autism and other complex diseases by enabling early diagnosis and intervention. Lineagen's research capabilities are enhanced by its access to the Utah Population Database through the University of Utah, which supports significant discoveries in disease-related genetics. As of August 2020, Lineagen operates as a subsidiary of Bionano Genomics, Inc.
Urgent Team Holdings, Inc. operates urgent care centers that provide urgent and primary health care services. It offers services for patients in the areas of sprains, strains, and broken bones; muscular pain and injuries; eye irritation and eye injuries; cuts and scrapes; bites, stings, and allergic reactions; burns and infections; diarrhea, nausea, and vomiting; flu, colds, and viral illnesses; pneumonia and bronchitis; and asthma attacks. The company also offers preventative screenings/wellness services, including flu shots, physicals, immunization and vaccinations, EKGs, and osteoporosis screening, as well as blood glucose, blood pressure, and cholesterol checks; radiology, lab work and diagnostic testing, and drug and alcohol screening services; and services for employers.

Highstreet IT Solutions

Private Equity Round in 2013
We are a new style IT services company. We are led by a Team that should be running an IT Services Company. We are culture builders, not destroyers. We are not bounded by search firms or last century models. We are experienced, yet vibrant. We are passionate and dedicated. We are founded as a hand-picked group of warriors, driven by integrity and ethics. We are referencable. And, we are Cloud-focused with unique ERP talent and access. Our blend of on-shore, off-shore solutions - without bureaucracy - is a pleasure to engage with. We are entrepreneurial, flexible and absent of jerk egos!

Salveo Specialty Pharmacy

Debt Financing in 2012
Salveo Specialty Pharmacy® is an independent specialty pharmacy company that provides a wide array of medications and clinical services to patients with chronic conditions. "Salveo" means to be well and in good health. Their purpose is to enhance and support the wellness and good health of each and every one of our patients. They work closely with their customers, referral sources and insurance plans to facilitate the communication needed to achieve a superior level of patient care.
Urgent Team Holdings, Inc. operates urgent care centers that provide urgent and primary health care services. It offers services for patients in the areas of sprains, strains, and broken bones; muscular pain and injuries; eye irritation and eye injuries; cuts and scrapes; bites, stings, and allergic reactions; burns and infections; diarrhea, nausea, and vomiting; flu, colds, and viral illnesses; pneumonia and bronchitis; and asthma attacks. The company also offers preventative screenings/wellness services, including flu shots, physicals, immunization and vaccinations, EKGs, and osteoporosis screening, as well as blood glucose, blood pressure, and cholesterol checks; radiology, lab work and diagnostic testing, and drug and alcohol screening services; and services for employers.

Access Media 3

Venture Round in 2012
Access Media 3, Inc. provides high speed Internet, voice, and television services to multi-tenant residential properties. It designs, installs, maintains, and services high speed Internet, DIRECTV television, and digital voice solutions to apartments, condominiums, retirement communities, and off-campus student housing. The company also provides cloud computer backup, identity protection, and other support services. It serves customers in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, Missouri, North Carolina, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Washington D.C., and Wisconsin markets. The company was founded in 2006 and is based in Oak Brook, Illinois.

Salveo Specialty Pharmacy

Series A in 2011
Salveo Specialty Pharmacy® is an independent specialty pharmacy company that provides a wide array of medications and clinical services to patients with chronic conditions. "Salveo" means to be well and in good health. Their purpose is to enhance and support the wellness and good health of each and every one of our patients. They work closely with their customers, referral sources and insurance plans to facilitate the communication needed to achieve a superior level of patient care.

New Century Hospice

Series A in 2010
Hospice is a program of care and support for a person diagnosed with a terminal illness and comfort care is desired. Helping people find meaning and peace is at the core of our mission. At New Century Hospice, our program supports early involvement where a dramatic difference in the quality of life can be experienced. By enabling families and loved ones to participate in the care experience, we are able to make the remaining time more meaningful, dignified and comfortable.

New Century Hospice

Venture Round in 2010
Hospice is a program of care and support for a person diagnosed with a terminal illness and comfort care is desired. Helping people find meaning and peace is at the core of our mission. At New Century Hospice, our program supports early involvement where a dramatic difference in the quality of life can be experienced. By enabling families and loved ones to participate in the care experience, we are able to make the remaining time more meaningful, dignified and comfortable.

Superior Global Solutions

Venture Round in 2009
Superior is the only national provider of medical data management, billing, and transcription that can service physician offices, clinics, hospitals, and large healthcare systems. This is achieved by using state-of-the-art software technology and services to provide an end-to-end solution. Superior is committed to delivering complete solutions that go beyond what health information professionals expect. Exceeding customer expectations is the reputation that Superior has earned.

Yorktel

Venture Round in 2009
Yorktel is a provider of video-centric collaborative services and solutions that enhance workforce productivity in the Commercial Enterprise and Public Sectors. The company offers video managed services, public/private/hybrid cloud hosting, professional consultation (including interoperability and BYOD solutions), video concierge services, streaming services, staffing services, integration/installation services, B2B Exchange and interoperability services, hosted services, systems integration to include design/build for applications like telepresence, event management, webcasting and video production. The company operates redundant Video Network Operation Centers, has a 24x7 Help Desk, 3 global data centers (pending 5), a global field force and is supporting customers across 72 countries. Founded in 1985, Yorktel is headquartered in Eatontown, New Jersey, and has locations across the U.S., UK and France. Yorktel and its employees are frequent winners of industry awards, speakers at industry events and seminars, and authors of a long list of thought leadership publications.

NuView Systems

Venture Round in 2009
Their initial product, HR Expert! Suite, released in 1995, targeted customers who wanted to replace spreadsheets and manual processes and automate the Benefit Administration process. In 1999, NuView introduced the MyHRIS product line, a web-native HR software suites. This product line won a Top 10 HR Products award from HR Executive magazine. In March of 2005, NuView released its next generation product suite, NuViewHR, which provided expanded functionality, comprehensive toolkit for customizations and global capabilities.

Mycroft Inc.

Venture Round in 2007
Mycroft Talisen, Inc. provides information technology (IT) infrastructure services for financial services, aerospace and defense, higher education, government, healthcare, enterprises. The company engages in the design, development, implementation, support, and management of identity management and security solutions. It also offers lifecycle project services, including project implementation, ongoing maintenance, and managed security services, as well as assesses and design business needs and IDM infrastructure. In addition, the company offers identity management services, including directory services; Web access management that provides access to corporate applications and resources; user account provisioning; and federation services that allow users to share resources in their partners. Further, it offers business process management deployment and software development services; enterprise IT management; and enterprise network services, including network planning, deployment, and equipment management. Mycroft Talisen, Inc. was formerly known as Mycroft, Inc. and changed its name to Mycroft Talisen, Inc. in June 2007. The company was founded in 1988 and is headquartered in New York, New York with additional offices in New York; St. Louis; Long Beach, California; and the United Kingdom.

T2 Systems

Venture Round in 2007
T2 Systems, Inc. provides parking management solutions and services. It offers PermitNow, a software solution designed for event parking management for organizations and venues that manage parking for events, such as concerts, sporting events, or other activities; and T2 Flex, a system that streamlines parking-related functions, including accounts receivables, residential and other permits, access cards, transient parking, citations, towing, and monthly contract parking. T2 Systems serves universities, cities, towns, hospitals, and airports in the United States and Canada.