HCAP Partners Announces New Investment in 83bar
Summary
SAN DIEGO, Jan. 21, 2021 /PRNewswire/ -- HCAP Partners, a California-based private equity firm and nationally recognized impact investor, announced today its investment in 83bar, an Austin, TX-based leader in patient journey management for both clinical trials and commercial clients across pharma, medical device, and diagnostic industries. Founded in 2015, 83bar provides a cost-effective patient activation platform to find and retain qualified individuals for clinical trials and commercial clients. Nicolas Lopez, Principal at HCAP Partners, commented, "As a leader in patient journey management, we are bullish on 83bars ambitious growth plans. 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 has been recognized as an fund seven years running and, through its Gainful Jobs Approach™, works to facilitate a positive impact on underserved businesses, their employees, and their communities through active portfolio engagement.