Caydan Capital Partners and Phoenix Merchant Partners Provide $13M Growth Financing to HCT Renewable Energy

Asydan Capital Management Merges with Kestrel Merchant Partners to Form Caydan Capital Partners

May 4, 2023

Financial Services

Asydan Capital Management has merged with Kestrel Merchant Partners and will rebrand as Caydan Capital Partners. The merger combines private equity and merchant banking expertise to expand the firm’s capabilities in capital raising, strategic planning, and operational improvement while continuing to focus on lower middle market investments.

Renovus Capital Partners Provides Growth Financing to The NCHERM Group (TNG)

October 16, 2019

Education

Renovus Capital Partners, a Philadelphia-area private equity firm, has provided senior debt financing and made an investment in The NCHERM Group, LLC (TNG) to support the company’s expansion of services and build out its management team. The financing will enable TNG — a provider of campus risk management, Title IX compliance, and behavioral intervention training for K‑12 and higher education institutions — to scale its offerings and better serve existing clients nationwide.

Catalyst Power Makes Minority Investment in JCD Solar Consulting, LLC

March 20, 2023

Renewable Energy

Catalyst Power Holdings LLC has made a minority equity investment in JCD Solar Consulting, LLC and will serve as the exclusive offtake provider for JCD's future community solar projects. The partnership combines JCD's development pipeline with Catalyst's community-solar subscriber aggregation and servicing capabilities to increase project subscription rates and broaden access to solar savings for small and mid-sized businesses.

CIVC Partners Invests in HR Green

January 26, 2024

Engineering Services

CIVC Partners, a Chicago-based middle market private equity firm, has made an investment in HR Green, a Cedar Rapids-based engineering and infrastructure consulting firm, partnering with the company's management team and current shareholders to support growth. CEO Jason Poppen and the existing management team will continue to lead HR Green as the firm provides capital and resources to expand the company's operations and capabilities across transportation, water, municipal advisory, broadband, and land development markets.

EQT Infrastructure Acquires Cypress Creek Renewables

July 3, 2021

Renewable Energy

EQT Infrastructure V has agreed to acquire Cypress Creek Renewables, a vertically integrated U.S. solar and storage developer, owner and operator, from funds managed by HPS Investment Partners and Temasek. The deal will support Cypress Creek's growth plans — including investments in operations, digital and sustainability initiatives — and is expected to close subject to customary approvals in H2 2021.

HLM Leads $16M Growth Investment in HPS/PayMedix; $33M Financing Raised

January 13, 2026

Healthcare Services

HPS/PayMedix closed $33 million of equity and debt financing to accelerate national growth of its healthcare financing and payments platform. The round was led by HLM Investment Partners ($16M growth equity) and included Escalate Capital Partners (providing a $17M term debt facility), RVM Enterprises, and existing investor SV Health Investors.