Hcap Partners Announces Follow-On Investment In Tcs Healthcare Technologies To Support Acquisition Of Datasmart Solutions, Llc
Hcap Partners Announces Follow-On Investment In Tcs Healthcare Technologies To Support Acquisition Of Datasmart Solutions, Llc
06/09/21, 12:43 PM
Location
HCAP Partners, a California-based private equity firm and nationally recognized impact investor, today announced its follow-on investment in TCS Healthcare Technologies, a leading provider of managed care software solutions. The funding will support the acquisition of DataSmart Solutions, LLC, a predictive risk analytics software company. Terms of the investment were not disclosed.
Company Info
Location
san diego, california, united states
Additional Info
HCAP Partners was founded in 2000 and is a provider of mezzanine debt and private equity for underserved, lower-middle market companies throughout California and the Western United States. The firm seeks to invest $3 million to $25 million in established businesses generating between $10 million and $100 million in revenues in the healthcare, software, services, and manufacturing industries. HCAP Partners has invested in over 50 companies since its founding and through ongoing, active engagement with portfolio companies provides value-added resources to help optimize performance and increase enterprise value. The firm has been recognized as an ImpactAssets 50 fund eight years running and, through its Gainful Jobs ApproachTM, works to facilitate a positive impact on underserved businesses, their employees, and their communities through active portfolio engagement. For more information, please visit http://www.hcap.com/.