Halyard Capital

What is Halyard Capital?

Halyard Capital is a private equity fund that manages over $600 million of capital, primarily focusing on investments within North America and Europe. They target technology-enabled Information, Data Analytics, Communications, and Business Services Companies.

The industries they invest in include Software (SaaS, Web Marketplace), IT & TMT (Cyber Security, IT Infrastructure), Media, Education, Business Solutions, Hardware & Manufacturing, HealthTech & Fitness, Logistics & Distribution, Medical Devices & Hospital Services, Aerospace & Defense, Healthcare & Wellness, and Life Science.

Halyard looks for companies with enterprise values between $25 million and $250 million and commits up to $40 million to individual portfolio companies, favoring investments between $15 million to $35 million. The fund specializes in middle-market leveraged buyouts, growth equity, and structured equity investments, aiming for control positions or significant governance rights in non-control investments.

They are strategic in partnering with high growth businesses well-positioned to capitalize on secular transformation. Through these investments, their approach involves creating value by bringing insights, innovation, and transformation to the companies they partner with.

Notable actions such as the sale of StratEx to Toast exemplify their commitment to growing and successfully transitioning their portfolio companies. Overall, Halyard aims to leverage their deep sector expertise and executive network to identify and nurture companies poised for growth and success within their selected sectors.