1. Home >
  2. M&A >
  3. Growth Capital >
  4. United States >
  5. Utah >
  6. HCAP Partners Invests In Xevant

Investment Summary

HCAP Partners Invests In Xevant

On March 14, 2023, growth capital firm HCAP Partners invested in software company Xevant

Investment Highlights
  • This is HCAP Partners’ 6th transaction in the Software sector.
  • This is HCAP Partners’ 58th transaction in the United States.
  • This is HCAP Partners’ 2nd transaction in Utah.

Investment Summary
Date 2023-03-14
Target Xevant
Sector Software
Investor(s) HCAP Partners
Deal Type Growth Capital

Target

Xevant

Lehi, Utah, United States
Xevant’s revolutionary pharmacy benefits platform infuses real-time automation and alerts throughout the data analysis process accelerating and simplifying the painstaking task of report building for PBMs, TPAs, Health Plans, Brokers, and Consultants. With Xevant, critical pharmacy analysis that took weeks, months or more can now be done instantly. Xevant was founded in 2016 and is based in Lehi, Utah.

Search 205,819 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

HCAP Partners

La Jolla, California, United States

Investor Investor Investor Investor

Category Growth Capital Firm
Founded 2000
PE ASSETS 670M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Huntington Capital is a mezzanine finance firm that provides both debt and equity financing to established, lower middle-market companies throughout California and the Southwest US. The Firm targets growth companies with positive cash flow, diversified customers, defensible market positions, and experienced management. The Firm looks to invest $5 to $35 million in companies generating revenues of $10 to $100 million. Areas of interest include manufacturing, services, healthcare, software, homeland security, retail, and information technology. Prospective transaction situations include buyouts, acquisitions, recapitalizations, and growth capital financings. Huntington Capital was formed in 2000 and is based in San Diego, California.

DEAL STATS #
Overall 58 of 64
Sector (Software) 6 of 6
Type (Growth Capital) 38 of 42
State (Utah) 2 of 2
Country (United States) 58 of 63
Year (2023) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-01 CortiCare

Dallas, Texas, United States

CortiCare is a provider of telehealth services and EEG brain monitoring solutions to neurology and critical care areas within the hospital. CortiCare was founded in 2009 and is based in Dallas, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-21 5th Kind

Los Angeles, California, United States

5th Kind is a developer of workflow management software that supports remote workflows, digital collaboration, and media/digital asset management needs. 5th Kind’s solutions are designed to maximize the potential of digital collaboration for enterprise-scale businesses and are used by the world’s most innovative entertainment companies and consumer brands. 5th Kind is based in Los Angeles, California.

Sell -
Mergr

Product

Company

Legal