NexPhase Capital Analysis

Acquire and grow consumer packaged goods brands; Partner with healthcare providers to expand service offerings; Invest in software companies to strengthen data and revenue management capabilities

NexPhase Capital primarily focuses on investing in three sectors: consumer, healthcare, and software. The firm targets growth-oriented companies that are looking for a value-added partner to help navigate their growth phases. In the consumer sector, they invest in branded consumer packaged goods companies to enhance brand value. In healthcare, they explore a wide range of investment opportunities within the $3.7 trillion industry. The software sector includes companies that develop solutions for data management, revenue, analytics, and insights. NexPhase Capital aims to invest in companies with strong core products or services and high growth potential, leveraging their operational expertise to unlock value.

NexPhase Capital primarily invests in North America, targeting lower middle-market, growth-oriented companies across various sectors, including healthcare, software, and consumer industries.

NexPhase Capital has several key portfolio companies, each with a brief description:

1. Insurance Systems Inc. - A provider of end-to-end software solutions for the Property & Casualty insurance industry, offering modules for policy administration, claims, billing, accounting, and reinsurance.

2. Tubby Todd - A direct-to-consumer marketer of personal care products for babies and families, focusing on sensitive skin conditions.

3. Aztec Software - A SaaS-based education platform that provides tailored content for adult learners, including workforce skills and college readiness training.

4. Metz Culinary Management - A diversified food services business providing outsourced food service and environmental services management for healthcare facilities and schools.

5. Calcium - A healthcare marketing agency that offers strategic, creative, and engagement capabilities to drive brand growth for clients.

6. Selerix Systems - A provider of SaaS-based benefits administration software, offering a comprehensive platform for enrollments, compliance, and employee engagement.

7. Oliver Winery & Vineyards - A top U.S. winery known for its approachable, flavor-forward wines.

8. DealerOn - A provider of cloud-based digital marketing technology for the retail automotive industry.

9. KnowFully - An education technology platform serving the accounting, finance, and healthcare industries, focusing on licensure preparation and continuing education.

10. Clearway Pain Solutions - A provider of multidisciplinary interventional pain management services.

NexPhase Capital has made several notable exits, including:

1. OmniSYS: NexPhase Capital exited its investment in OmniSYS, a leading provider of healthcare technology solutions, through a sale to XIFIN on December 23, 2021. This exit method was a strategic sale to a larger company in the healthcare sector.

2. Popcornopolis: The firm also exited its investment in Popcornopolis, a gourmet popcorn brand, by selling it to Barcel USA on October 29, 2021. This exit was achieved through a sale to another consumer goods company.

The management team of NexPhase Capital includes the following individuals and their positions:

Investment Team:

• Ted Yun - Managing Partner
• Jamie Kaufman - Partner
• Andy Kieffer - Partner
• Joel Killion - Partner
• Bob Gartland - Partner
• Chip Robie - Partner
• Lex Leeming - Partner & Head of Business Development
• Kurt Larsen - Founding Partner
• Alan Rogers - Principal
• Jordan Zauderer - Principal
• Quint Carr - Principal
• Ariana Scotti Suiter - Director of Investor Relations
• Matt Boylan - Vice President
• Jeffrey Fung - Vice President
• Edward Lee - Vice President
• Sam Canavá - Senior Associate
• Nicolas Kaukonen - Senior Associate
• Leila Rashtchi - Senior Associate, Business Development
• Selina Peng - Associate
• Darby Read - Associate
• Aditya Agarwal - Associate
• Jamie Kohr - Associate
• Colin Riley - Associate

Fund Administration:

• Andrew Goldfarb - Chief Financial Officer
• Bobby Narvaez - Director of Finance and Operations
• Boyi Dong - Controller
• Mike Koziarz - Senior Accountant
• Rebecca Aguilar - Executive Assistant
• April Huff - Executive Assistant & Office Coordinator

Operating Partners:

• Doug Corbett - Operating Partner
• Barbara Hill - Operating Partner
• Stephen Hoffman - Operating Partner
• John King - Operating Partner
• Mike Roe - Operating Partner

Executive Advisory Board:

• Farzan Bharucha - Strategic Planning
• Cameron Burr - Sales & Business Development
• Michael Johnson - Digital Marketing
• Anthony López - Sector Expert - Consumer & Healthcare
• Joe Morgan - Sector Expert - Healthcare & Software
• Don Nickleson - Sector Expert - Healthcare
• Ann Rhoades - Human Capital
• Shahryar Shaghaghi - Cybersecurity
• Jon Slangerup - Sector Expert - Software
• Micah Valine - Financial Planning & Analysis
• Bob Waldron - Sector Expert - Consumer

*Note: The operating professionals referenced are not employees of NexPhase but are third-party consultants.

Raised $2.6B in capital; Completed 110+ investments as of March 2025; Acquired Empower Community Care and Behavior Frontiers; Named to Inc. Founder-Friendly Investor list (2021-2024); Formed by former Moelis Capital Partners principals (2007-2016)