HPS Investment Partners
Acquisition in 2024
HPS Investment Partners is a global investment firm headquartered in New York City, specializing in non-investment grade credit. Established in 2007, the firm has a team of 93 investment professionals and over 200 total employees, operating from its New York base and nine additional offices worldwide. Initially created as a division of Highbridge Capital Management, a subsidiary of J.P. Morgan Asset Management, HPS became independent in March 2016 when its principals acquired the firm. The firm manages a diverse range of strategies across the capital structure, including syndicated leveraged loans, high-yield bonds, privately negotiated senior secured debt, mezzanine financing, asset-based leasing, and private equity. HPS focuses on credit and longer-dated liquid investment opportunities, providing both standard and customized investment solutions for companies of varying sizes.
RapidSOS, Inc. is an emergency response data platform that connects life-saving information from over 350 million connected devices directly to 911 and first responders. Founded in 2012 and headquartered in New York, the company serves public safety agencies globally, offering solutions such as the Clearinghouse, which enables users to send emergency requests and receive critical data from devices, and the Emergency API suite for direct data transmission to emergency services. Additionally, the RapidSOS Portal provides public safety agencies with secure access to essential data through a web-based tool. The platform supports more than 4,800 Emergency Communications Centers, protecting over 90% of the U.S. population during approximately 250 million emergencies each year, thereby enhancing the speed and effectiveness of emergency response.
Minute Media
Venture Round in 2024
Minute Media is a global technology and content company that focuses on sports and culture. It operates a proprietary platform designed for the creation, distribution, and monetization of digital short-form content. The company owns prominent sports content brands, including The Players' Tribune, FanSided, 90min, and STN Video, and offers content creation tools tailored for leagues, athletes, and professional creators. With a reach of 200 million monthly users, Minute Media supports over 1,500 content creators and collaborates with more than 250 distribution partners across 14 global markets in 10 languages. The company has offices located in New York, London, Tel-Aviv, São Paulo, and Tokyo.
Global Infrastructure Partners
Acquisition in 2024
Global Infrastructure Partners (GIP) is an independent investment firm specializing in infrastructure assets across key sectors such as energy, transportation, and water and waste management. Founded in 2006 and headquartered in New York, GIP focuses on creating value through a disciplined investment approach that emphasizes deep due diligence, strong stakeholder relationships, and proprietary deal sourcing. The firm integrates environmental, social, and governance (ESG) factors into its investment strategy to enhance long-term value for its investors. GIP manages over $51 billion in assets and its portfolio companies generate combined annual revenues exceeding $46 billion, employing more than 52,000 individuals. Additionally, GIP operates a credit arm, GIP Credit, which provides tailored financing solutions for various infrastructure projects, further diversifying its investment capabilities.
Nephron Pharmaceuticals
Private Equity Round in 2023
Nephron Pharmaceuticals Corporation is a mid-sized manufacturer specializing in generic respiratory medications. Founded in 1937 and headquartered in Florida, New York, the company provides products that are essential for treating conditions such as asthma and chronic obstructive pulmonary disease. Nephron sells its medications to a diverse range of clients, including hospitals, pharmacies, long-term care facilities, home care companies, and mail-order pharmacies. In addition to its core offerings, Nephron also provides contract manufacturing services, further expanding its reach within the healthcare market.
Deep Instinct
Venture Round in 2022
Deep Instinct Ltd. is a cybersecurity company founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York. The company specializes in providing a cybersecurity solution that utilizes deep learning technology to offer on-device and real-time detection and prevention of advanced persistent threats and zero-day attacks. Its platform is designed to protect various mobile devices, endpoints, and operating systems against unknown and evasive cyber threats, regardless of whether they are connected to the network or the Internet. By leveraging the predictive capabilities of deep learning, Deep Instinct enables enterprises to identify and block cyber-attacks in real-time, ensuring comprehensive protection and reducing the risks associated with malware and other threats.
AlphaSense
Debt Financing in 2022
AlphaSense, Inc. is a market intelligence platform that specializes in information discovery for research professionals. Founded in 2007 and headquartered in New York, the company operates additional offices in London, Helsinki, Pune, and the U.S. Its platform allows users to efficiently search and analyze a wide range of financial data, including filings, research reports, and news, by utilizing natural language processing and advanced search algorithms. With nearly 2,000 enterprise clients, including a significant number of S&P 500 companies, AlphaSense empowers organizations to make informed business decisions quickly and confidently. The platform's capabilities include setting alerts and navigating through vast amounts of data to extract crucial insights across various industries.
Circle
Private Equity Round in 2022
Circle is a financial technology firm that leverages blockchain technology and stablecoins to facilitate payments and e-commerce. Founded in 2013 by Jeremy Allaire and Sean Neville, Circle enhances the way users send and receive money through its platform, Circle Pay. The company offers a cryptocurrency investment product called Circle Invest, enabling users to buy and sell various crypto assets. Additionally, Circle provides over-the-counter trading services through Circle Trade, featuring one of the largest global liquidity pools for digital asset trading, with an average monthly volume of $2 billion. Backed by significant investments from notable firms, Circle operates from its headquarters in Boston and has branches in New York, San Francisco, Dublin, London, and Hong Kong.
AnyRoad Inc. operates a cloud-based platform that connects tourism customers with professional tour guides, facilitating the booking and management of various tours and experiences. Founded in 2012 and headquartered in San Francisco, California, the company serves multiple global locations, including Rio de Janeiro, San Francisco, New York, London, Tokyo, and Israel. AnyRoad specializes in experiential marketing, enabling businesses to enhance their events, tours, and other branded experiences to foster consumer loyalty and improve return on investment. The platform integrates with existing customer relationship management and point-of-sale systems, allowing brands to measure the impact of experiences on consumer perceptions and revenue growth, thereby optimizing their marketing strategies.
Loadsmart
Series D in 2022
Loadsmart, Inc. operates an online platform that facilitates the booking of trucks for freight transportation. Founded in 2014 by Felipe Capella and Ricardo Salgado, the company provides shippers with instant access to real-time bookable rates, enabling them to obtain quotes, book trucks, and track their shipments from pickup to delivery. Loadsmart's platform streamlines interactions between shippers and carriers, helping shippers move their freight efficiently while ensuring carriers keep their trucks full. The company is headquartered in New York, New York, with an additional office in Chicago, Illinois.
Clarity AI
Venture Round in 2021
Clarity AI, Inc. is a technology company that specializes in delivering insights on environmental and social impacts to investors and organizations through a sustainability platform. Utilizing machine learning and big data, Clarity AI's software allows for systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes a vast array of data, including information on over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, thereby providing comprehensive analytics for investment, corporate research, and regulatory reporting. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI serves a diverse client base that manages trillions in assets, equipping decision-makers with the necessary tools to understand and enhance their social and environmental impacts.
Via Transportation Inc. is a company that develops innovative public mobility solutions, focusing on on-demand and pre-scheduled transit. Founded in 2012 and headquartered in New York, Via serves a diverse range of clients, including public transit agencies, cities, universities, corporations, and school districts. The company's mobile app connects passengers traveling in the same direction, allowing them to share premium vehicles and enhancing the efficiency of public transit systems. Via aims to transform traditional, rigid transit systems into dynamic networks by integrating its technology with existing public transportation infrastructure. This approach not only reduces operational costs and traffic congestion but also minimizes single-occupancy trips and carbon emissions, providing more accessible and environmentally friendly transit options. Via operates both in the United States and Europe through partnerships, including a joint venture with Mercedes-Benz Vans.
Trumid
Venture Round in 2021
Trumid Financial LLC is a financial technology company focused on enhancing the electronic trading experience in the credit market. Established in 2014 and based in New York, Trumid operates the Trumid Market Center, an electronic trading network and market intelligence platform for corporate bonds. The company also provides Trumid Bond Stream, which delivers TRACE pricing data to traders, and Trumid Labs, which utilizes data science to manage trading networks and offer bond price lookup services. By combining advanced technology with market expertise, Trumid aims to improve efficiency and provide corporate bond market professionals with direct access to liquidity and valuable market insights, enabling informed trading decisions.
Morae Global
Private Equity Round in 2021
Morae Global is a provider of comprehensive legal and compliance solutions designed to assist General Counsel and Chief Compliance Officers worldwide. The company is staffed by experienced professionals who work with legal departments and law firms to enhance business performance through strategic development, process improvement, and effective use of technology and data. Morae Global's core services encompass management consulting, on-demand legal resources, and information and discovery management tailored for the legal sector. Their offerings include legal technology consulting, matter management, electronic billing, and document and content management, enabling clients to address litigation, regulatory inquiries, and internal investigations efficiently and cost-effectively. Morae Global operates offices across the United States, including Houston, Chicago, New York, and Washington, D.C., as well as internationally in London, Bangalore, Zurich, and Hong Kong.
Elvie is a health and lifestyle brand developing smarter technology for women. They are committed to building extraordinary products that improve the health and lives of women everywhere and at all stages of life. Their first product, Elvie Trainer, is an award-winning app-connected Kegel trainer that helps women strengthen the pelvic floor via fun, five-minute workouts. Launched in October 2015 to great acclaim, they took the wellness industry by storm! Our street cred includes more than 12 awards for innovation and design, including the prestigious CES Innovation Award, the IDA Design Award, and the Red Dot Award. As a business, Elvie has been recognized as one of Wired’s ‘hottest start-ups" and named one of the 15 start-ups "to watch" by The Sunday Times, and both products have been featured in the Oscar nominee gift bags. They recently launched a second innovation: Elvie Pump, the world’s first silent wearable breast pump, which is making it possible for new mothers to pump anytime, anywhere. Elvie Pump received international praise following its unveiling on the catwalk at London Fashion Week and at the Consumer Electronics Show (CES) in Las Vegas. In April 2019, Elvie announced a $42 million Series B led by IPGL and supported by Octopus Ventures and Impact Ventures. This represented the largest ever fundraise in femtech. This new round of financing will accelerate Elvie’s research and development efforts as well as help grow brand awareness and distribution for Elvie Pump and Elvie Trainer across the Americas, Europe, and Asia. Headquartered in London, UK, with offices also in New York City, the company has received numerous awards and raised more than $52 million in investment.
HYZON Motors Inc is a manufacturer of hydrogen fuel cell-powered commercial vehicles, including heavy-duty trucks, medium-duty trucks, city buses, and coaches. Founded in 2020 and based in Honeoye Falls, New York, the company operates globally, supplying vehicles across North America, Europe, China, and Australasia. In addition to vehicle manufacturing, HYZON is committed to developing a clean hydrogen supply ecosystem by collaborating with partners involved in feedstock sourcing, production, dispensing, and financing. The company aims to address the growing demand for zero-emission vehicles by utilizing advanced fuel cell and electric propulsion technologies to electrify established vehicle platforms. Future expansion into light-duty commercial vehicles is also anticipated, further broadening its impact in the clean transportation sector.
Taboola is a content discovery platform that connects users with relevant content they may not have encountered otherwise. It delivers over 360 billion recommendations monthly to more than 1 billion unique visitors across various major publisher sites, including USA TODAY and Business Insider. The company employs an artificial intelligence-driven algorithm to provide tailored content and advertisements across the Open Web, working with digital properties such as websites, devices, and mobile applications. Headquartered in New York City, Taboola also has research and development operations in Israel, alongside offices in Pasadena, London, and Bangkok. It serves a global market, with a significant focus on the United States, and assists publishers, marketers, and agencies in enhancing user engagement, monetizing traffic, and distributing content to attract high-quality audiences.
Latch is a company that enhances the living and working experience in buildings through a comprehensive operating system that includes software, devices, and services. Specializing in keyless entry security systems, Latch enables users to manage access to apartment buildings via a smartphone, facilitating seamless interactions for residents, guests, couriers, and service providers. Its platform, LatchOS, is implemented across North America, serving a diverse range of properties from affordable housing in Baltimore to historic buildings in Manhattan and luxury towers in the Midwest. Latch collaborates with a variety of real estate developers, catering to both large international firms and local property owners, to create better living environments.
Deep Instinct
Series D in 2021
Deep Instinct Ltd. is a cybersecurity company founded in 2014 and headquartered in Tel Aviv, Israel, with an additional office in New York. The company specializes in providing a cybersecurity solution that utilizes deep learning technology to offer on-device and real-time detection and prevention of advanced persistent threats and zero-day attacks. Its platform is designed to protect various mobile devices, endpoints, and operating systems against unknown and evasive cyber threats, regardless of whether they are connected to the network or the Internet. By leveraging the predictive capabilities of deep learning, Deep Instinct enables enterprises to identify and block cyber-attacks in real-time, ensuring comprehensive protection and reducing the risks associated with malware and other threats.
Clarity AI
Venture Round in 2021
Clarity AI, Inc. is a technology company that specializes in delivering insights on environmental and social impacts to investors and organizations through a sustainability platform. Utilizing machine learning and big data, Clarity AI's software allows for systematic measurement and optimization of the social impact of investment portfolios. The platform analyzes a vast array of data, including information on over 30,000 companies, 135,000 funds, 198 countries, and 187 local governments, thereby providing comprehensive analytics for investment, corporate research, and regulatory reporting. Founded in 2017 and headquartered in Albany, New York, with additional offices in Madrid and London, Clarity AI serves a diverse client base that manages trillions in assets, equipping decision-makers with the necessary tools to understand and enhance their social and environmental impacts.
DoubleVerify
Private Equity Round in 2020
DoubleVerify is a software platform specializing in digital media measurement, data, and analytics. Founded in 2008 and headquartered in New York City, the company offers solutions for online media verification and campaign effectiveness aimed at brand marketers, agencies, advertising networks, and digital publishers. Its technology ensures that digital advertisements are delivered in a brand-safe environment, are fully viewable, reach real individuals, and appear in the intended geographic locations. By providing consistent and unbiased data, DoubleVerify helps advertisers optimize the quality and return on their digital ad investments. The company generates revenue by charging a fee based on the volume of media transactions measured on its platform.
Klarna
Private Equity Round in 2020
Klarna Inc. is an e-commerce payment solutions platform that facilitates cashless transactions for both merchants and shoppers. Founded in 2005 and headquartered in Columbus, Ohio, with additional offices in New York City, Klarna operates as a subsidiary of Klarna Bank AB. The company provides a range of payment options, including direct payments, pay-after-delivery choices, and installment plans, enabling customers to select their preferred payment method. Known for its "buy now, pay later" model, Klarna offers interest-free financing for retail purchases, enhancing the shopping experience. Additionally, the Klarna app provides users with flexible payment options and cashback rewards, while the platform supports in-store, mobile, and online payments, along with services for deliveries and returns.
Authentic Brands Group
Private Equity Round in 2019
Authentic Brands Group (ABG) is a brand development, marketing, and entertainment company headquartered in New York. Founded in 2010, ABG specializes in managing and enhancing the value of global brands across fashion, sports, and entertainment sectors. The company acquires and builds long-term value in prominent consumer brands through strategic partnerships and distribution programs. ABG focuses on creating compelling products and content, as well as providing immersive experiences to engage consumers effectively. Its original marketing strategies aim to drive success across various retail channels, including high-end department stores, specialty shops, and mass retailers. By leveraging its wide-ranging expertise, ABG aims to transform brands and ensure their relevance in the ever-evolving market landscape.
Klarna
Private Equity Round in 2019
Klarna Inc. is an e-commerce payment solutions platform that facilitates cashless transactions for both merchants and shoppers. Founded in 2005 and headquartered in Columbus, Ohio, with additional offices in New York City, Klarna operates as a subsidiary of Klarna Bank AB. The company provides a range of payment options, including direct payments, pay-after-delivery choices, and installment plans, enabling customers to select their preferred payment method. Known for its "buy now, pay later" model, Klarna offers interest-free financing for retail purchases, enhancing the shopping experience. Additionally, the Klarna app provides users with flexible payment options and cashback rewards, while the platform supports in-store, mobile, and online payments, along with services for deliveries and returns.
iCapital Network
Venture Round in 2018
iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
iCapital Network
Series B in 2017
iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.
iCapital Network
Series B in 2016
iCapital Network is a fintech platform for alternative investments and investors. It has transformed the way the wealth management, banking, and asset management industries facilitate access to private markets investments for their high-net-worth clients by providing intuitive, end-to-end technology and service solutions. Wealth management firms use iCapital’s solutions to provide clients with quality funds at lower minimums and simplified digital workflows. Asset managers, RIAs, and banks leverage iCapital’s technology to streamline and scale their alternative investments operational infrastructure. Additionally, the iCapital ‘flagship’ platform offers wealth advisors and their high-net-worth client's access to a curated menu of private equity, private credit, hedge funds, structured investments, and other alternatives to help meet their investing needs for return and diversification. iCapital’s research and diligence team offers robust analysis alongside the firm’s extensive suite of advisor education, compliance, portfolio management, and portfolio analytics tools and services. iCapital has been recognized on the Forbes FinTech 50 list each year from 2018 through 2002, the Forbes America’s Best Startup Employers in 2021 and 2022, and MMI/Barron’s Industry Awards as Solutions Provider of the Year in 2020 and 2021. As of May 31, 2022, iCapital services more than US$130 billion in global client assets, of which more than US$30 billion are from international investors (non-US Domestic), across more than 1,035 funds. Employing more than 800 people globally, iCapital is headquartered in NYC and has offices worldwide including in Zurich, London, Lisbon, Hong Kong, Singapore, and Toronto.