HCAP Partners Acquires Lone Star Analysis

Construction Partners, Inc. Acquires Lone Star Paving (Asphalt Inc., LLC)

November 4, 2024

Construction

Construction Partners, Inc. (NASDAQ: ROAD) completed the acquisition of Asphalt Inc., LLC d/b/a Lone Star Paving, a vertically integrated asphalt manufacturing and paving company operating in central Texas. The deal expands CPI's vertical integration and presence in high-growth Texas markets and led CPI to raise its fiscal 2025 guidance to reflect Lone Star's expected contribution.

TCS Healthcare Technologies Acquires DataSmart Solutions with Follow‑On Investment from HCAP Partners

June 9, 2021

Healthcare Services

HCAP Partners made a follow-on investment in its portfolio company TCS Healthcare Technologies to support TCS’s acquisition of DataSmart Solutions, LLC. The add-on brings predictive risk analytics (built on the Johns Hopkins ACG system) into TCS’s ACUITYnxt population health SaaS platform to accelerate product roadmap and improve risk‑stratification capabilities for payers and other risk‑bearing organizations.

LoneTree Capital Acquires Angle Point Capital

February 2, 2021

Financial Services

LoneTree Capital announced a definitive agreement to acquire the assets of Angle Point Capital. Angle Point will continue operating under the LoneTree brand with its existing team and assets intact, while LoneTree intends to expand support to Angle Point’s portfolio companies and grow its footprint and network.

Brightstar Capital Partners Acquires Analyte Health

August 6, 2025

Healthcare Services

Brightstar Capital Partners has acquired Analyte Health, a Houston-based direct-to-consumer digital health company that provides diagnostics, virtual care, and prescription fulfillment. Analyte founder Fiyyaz Pirani will remain CEO and retain a significant ownership stake as Brightstar looks to scale the business as a platform in consumer healthcare.

HCAP Partners Invests in 83bar

January 21, 2021

Healthcare Services

HCAP Partners, a California-based private equity firm, provided a mezzanine debt investment in Austin-based 83bar to restructure existing debt, facilitate a small investor share redemption, and supply supplemental growth capital. The funding will support 83bar’s expansion into new markets and help scale its patient journey management platform and distributed contact center services for pharma, medical device, and diagnostics clients.

Lone Star Funds Acquires Hillenbrand, Inc.

February 10, 2026

Manufacturing

An affiliate of Lone Star Funds has completed the previously announced all-cash acquisition of Hillenbrand, Inc. for an enterprise value of approximately $3.8 billion. The transaction takes Hillenbrand private (its common stock will be delisted) and Lone Star will partner with Hillenbrand's management to execute strategic growth and operational plans.