HCAP Partners Announces Exit of Portfolio Company Datashield

HCAP has been a valuable partner in supporting Datashield and the growth of our company, including our leading Cyber solutions. Their support gave us the edge we needed to continue innovating and leading the industry in areas such as software and human capital.

HCAP Partners, a California-based mezzanine debt and private equity firm, announced today that it has exited its investment in Datashield (“Company”), a leading cybersecurity solutions provider. Datashield was recently sold to ADT, headquartered in Boca Raton, FL. Terms of the transaction were not disclosed. Frank Mora, Partner, and Nicolas Lopez, Principal, managed HCAP Partners’ investment with Datashield and were active with the Company since its initial funding in 2014.

Founded in 2009, Datashield is one of the fastest growing cybersecurity firms in North America. The company provides cybersecurity solutions in conjunction with managed detection and response services across all industries, including healthcare, financial services, manufacturing, energy, legal, and many more. Datashield will operate under the new brand ADT Cybersecurity, where it will be uniquely positioned to provide enterprise and mid-market businesses with Managed Detection and Response (MDR) services to combat advanced cyberthreats in real time.

“HCAP has been a valuable partner in supporting Datashield and the growth of our company, including our leading Cyber solutions,” stated Michael Malone, Datashield’s CEO. “Their support gave us the edge we needed to continue innovating and leading the industry in areas such as software and human capital.”

Partner Frank Mora commented, “Since our initial investment, Datashield has done a fantastic job building out its platform and growing its business with new customer accounts. We were very pleased to work with the team to support the successful growth of Datashield in the marketplace. We look forward to their continued success and growth with ADT.”

About Datashield, Inc.

Founded in 2009, Datashield is one of the fastest growing cyber security firms in North America. The company provides cyber security solutions in conjunction with managed detection and response services across all industries, including healthcare, financial services, manufacturing, energy, legal, and many more. Datashield is the leading provider of managed detection and response services to the mid-market. The company leverages technology coupled with human-based intelligence and internal processes to detect and combat advanced persistent threats in real time. Datashield’s proprietary technology and processes uniquely focus on quickly generating valuable insight into verified advanced security threats for analysis and response. This allows Datashield to detect threats in minutes, not months. For more information visit http://www.datashieldprotect.com.

About HCAP Partners

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 seeks to invest $2 million to $9 million in established businesses generating between $10 million and $75 million in revenues in the healthcare, software, services, and manufacturing industries. HCAP Partners has invested in over 60 companies since it was founded and through ongoing, active engagement with portfolio companies the team at HCAP Partners provides value-added resources to help optimize performance and increase enterprise value. The firm has been recognized as an ImpactAssets 50 fund four 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. Partners Tim Bubnack, Morgan Miller, Frank Mora, and Principals Nicolas Lopez and Hope Mago lead HCAP Partners’ investment team. For more information, please visit http://www.hcapllc.com.

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