Solace Capital Partners

Solace Capital Partners, established in 2013 and based in Los Angeles, is a private equity firm specializing in special situation, turnaround, and distressed debt investments in the lower middle market. It focuses on established companies in the U.S. and Canada, typically with revenues between $50 million and $1 billion, providing flexible debt and equity solutions to navigate complex situations. The firm seeks to invest between $10 million and $75 million per transaction, often taking a majority stake, and uses proceeds to recapitalize, restructure, and finance operational improvements. It targets industries such as industrial/manufacturing, energy, transportation/logistics, consumer, business services, and technology.

Christopher Aye

Managing Director

Tom Beatty

Operating Partner

Christopher Brothers

Co-Founder and Managing Partner

Charlie Evans

Associate

Daniel Lopez

Associate

Andrew Morris

Managing Director

George Nowotny

Vice President

Brett Wyard

Co-Founder and Managing Partner

12 past transactions

Siprocal

Private Equity Round in 2024
Siprocal is an innovative gaming distribution and engagement platform that specializes in advertising technology across North America, Latin America, and Brazil. The company provides a range of services aimed at operators, original equipment manufacturers, advertisers, and app developers. By offering direct audience access and insights, Siprocal enables its clients to enhance their business operations and revenue generation. This allows businesses to concentrate on their core activities while effectively developing their brand image in a competitive market.

Sun Mountain Sports

Acquisition in 2022
Sun Mountain Sports is a manufacturer specializing in golf-related products, including outerwear, bags, carts, and accessories designed for golf enthusiasts. The company focuses on the design and production of golf bags, offering customization options such as embroidery, as well as innovative golf pushcarts. In addition to these products, Sun Mountain Sports provides a range of waterproof and breathable rainwear, including jackets, pants, and various styles of pullovers and vests, ensuring that golfers are well-equipped for various weather conditions on the course.

Dispension

Seed Round in 2020
Dispension is a technology company focused on transforming the distribution of restricted products through innovative self-service kiosks and smart lockers. Their flagship product, the Verified Identity Dispenser (VID), utilizes proprietary technology based on advanced vascular biometrics to ensure safe access to controlled substances. This integrated retail platform provides a secure method for dispensing regulated products, such as opioids, while limiting usage to pre-approved individuals through touchless palm scanning. By enabling authorities to distribute these substances responsibly, Dispension aims to enhance consumer education and safety, ultimately reducing the risk of overdoses and promoting responsible access to regulated health tools.

HelpWear

Venture Round in 2020
HelpWear Inc. is a Canadian company based in Toronto, founded in 2015, that focuses on enhancing at-home healthcare through innovative wearable technology. The company develops an affordable and accessible heart monitoring device designed to detect heart attacks and provide real-time alerts to emergency medical services. This waterproof device not only stores vital cardiovascular data but also features an embedded emergency contact system, ensuring that patients with heart ailments can receive timely assistance and maintain communication with healthcare providers regarding their health status. HelpWear's approach emphasizes clinical need-driven innovation, aiming to address both patient requirements and the demands of the healthcare system.

Hyivy

Pre Seed Round in 2020
Hyivy Health develops an innovative pelvic rehabilitation device aimed at addressing the needs of women who experience pelvic health complications. Recognizing that one in three women will face such challenges in their lifetime, the company provides a solution that offers quantifiable data on the pelvic floor. This device incorporates multiple biosensors and mechanical functions to deliver three distinct therapies, enabling effective treatment monitoring and personalized rehabilitation. By allowing both patients and clinicians to track progress and adapt treatment plans, Hyivy Health enhances the overall rehabilitation experience, making it more effective and comfortable.

Home Health Systems

Seed Round in 2020
Home Health Systems is a healthcare technology company focused on remote patient monitoring and communication tools aimed at enhancing care delivery in home settings. The company offers a lightweight vital signs monitoring solution, exemplified by its MySafetyPatch product, which integrates with physician video examination software to facilitate comprehensive virtual examinations. Additionally, SafetyPatch supports both inpatient and outpatient monitoring, while SPORTsSAFER is tailored for monitoring individual and team athletes. By integrating with various medical devices and wearables, Home Health Systems enables healthcare providers to collect patient data remotely, monitor vital signs, and conduct virtual consultations, ultimately improving patient access to care and reducing the likelihood of hospital readmissions.

FluidAI

Non Equity Assistance in 2020
FluidAI Medical is a medical platform company focused on enhancing global patient care through the innovative application of artificial intelligence in post-operative recovery. The company has developed a smart catheter system that fosters a proactive approach to post-operative care delivery. By utilizing data generated within the body, FluidAI's platform aids in the early detection of postoperative complications, allowing healthcare providers to access critical health information promptly. This technology aims to improve patient outcomes and streamline the management of post-operative recovery processes.

Flosonics Medical

Non Equity Assistance in 2019
Flosonics Medical is a Canadian medical device company founded in 2017, specializing in the development of non-invasive sensors aimed at enhancing the management of critically ill patients. Its flagship product, the FloPatch, is a wearable ultrasound sensor designed to monitor blood flow in patients post-clinical intervention, thereby addressing critical clinical needs. The FloPatch is particularly beneficial for healthcare professionals, including physicians, nurses, and paramedics, operating in various high-pressure environments such as ambulances, emergency departments, operating rooms, and intensive care units. The device is notable for its portability, wireless connectivity with tablets and other medical equipment, and user-friendly functionality, all of which contribute to improved patient care in urgent medical situations. Flosonics Medical, previously known as Ke2 Technologies, rebranded in September 2017.

Jet Edge International

Private Equity Round in 2019
Jet Edge International is a prominent provider of full-service global private aviation, specializing in aircraft management and charter management services. As an integrated operator, the company focuses on delivering a comprehensive range of solutions that include flight operations, charter services, and in-house maintenance and repairs. Jet Edge caters to individual clients and corporations, offering year-round access to a diverse and luxurious fleet of large-cabin aircraft. With a strong emphasis on safety, security, and operational excellence, Jet Edge International positions itself as a leader in the aviation industry, ensuring that clients receive top-tier service and support for their aviation needs.

Fabcon

Acquisition in 2018
Fabcon is a manufacturer specializing in structural precast wall panels, boasting over 50 years of experience in the industry. The company has significantly expanded its capabilities and market reach, becoming a pioneer in various precast panel innovations. Fabcon operates five manufacturing facilities and distributes its products across nearly all of the contiguous United States. In addition to precast wall panels, the company provides contract manufacturing services to a diverse range of sectors, including retail, food service, hospitality, and medical. Its expertise encompasses engineering design, precision sheet metal machining, electronic assembly, and surface treatments, allowing it to deliver custom kiosks, digital signage enclosures, and other specialized products to both domestic and international clients.

CST Industries

Acquisition in 2018
CST Industries, Inc. specializes in the manufacturing and construction of factory-coated metal storage tanks, aluminum domes, and specialty covers. The company provides a range of storage solutions, including vitrified enamel bolted tanks, epoxy bolted tanks, welded storage tanks, and galvanized bolted tanks, alongside various cover solutions like aluminum domes and flat panel covers. CST Industries serves diverse markets such as agriculture, bioenergy, petrochemical, wastewater management, and power generation, offering engineered storage and cover systems that enhance operational efficiency. Founded in 1893 and based in Kansas City, Kansas, the company has expanded its presence internationally with offices in several countries, including Australia, Brazil, Mexico, and the United Kingdom. CST Industries was previously known as Columbian Steel Tank Company and adopted its current name in January 2001.

Patriot Environmental Services

Private Equity Round in 2016
Patriot Environmental Services is a full-service environmental contractor specializing in hazardous waste management and industrial cleaning services. The company caters to a diverse range of sectors, including manufacturing, agriculture, construction, healthcare, mining, oil and gas, transportation, and utilities. Patriot provides a comprehensive suite of services, including emergency spill response, hydro-excavation, full facility closure and remediation, as well as non-hazardous wastewater treatment and solidification. By leveraging the latest technology and adhering to stringent safety standards, Patriot Environmental Services aims to deliver reliable and cost-effective solutions to its clients while maintaining a commitment to professionalism and preparedness.
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