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 key sectors: consumer, healthcare, and software. The firm targets growth-oriented companies that demonstrate strong core products or services with high growth potential. Their investment strategy is operationally focused, emphasizing active involvement to assist companies in navigating their growth phases. NexPhase typically makes control equity investments ranging from $25 million to $150 million, primarily in lower-middle-market companies.

NexPhase Capital primarily invests in the North American region, focusing on lower middle-market, growth-oriented companies across various sectors, including healthcare, software, and consumer industries.

NexPhase Capital has several key portfolio companies, including:

1. Insurance Systems Inc. - Provides end-to-end software solutions for the Property & Casualty insurance industry.
2. Tubby Todd - A direct-to-consumer brand offering clean personal care products for babies and families.
3. Aztec Software - A SaaS-based education platform tailored for adult learners.
4. Metz Culinary Management - Offers outsourced food service and environmental services management for healthcare and educational facilities.
5. Calcium - A healthcare marketing agency focused on brand growth for clients.
6. Selerix Systems - Provides SaaS-based benefits administration software.
7. Oliver Winery & Vineyards - A well-known U.S. winery offering approachable wines.
8. DealerOn - Cloud-based digital marketing technology provider for the automotive industry.
9. KnowFully - An education technology platform for licensure and continuing education in various industries.
10. Clearway Pain Solutions - Offers multidisciplinary interventional pain management services.
11. Meduit Group - Provides patient-focused revenue cycle management solutions for healthcare providers.
12. Zing Zang - A leading brand of premium non-alcoholic mixers and ready-to-drink cocktails.
13. WIN Fertility - A specialty benefit management company for fertility 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 another company in the healthcare sector.

2. Popcornopolis: The firm also exited its investment in Popcornopolis, a gourmet popcorn brand, through a sale to Barcel USA on October 29, 2021. This was another strategic sale, allowing NexPhase to realize its investment in a consumer-focused company.

3. Inside Real Estate: NexPhase Capital has also been noted for its exit from Inside Real Estate, a technology company that provides software solutions for real estate professionals. The specific exit method for this investment was not detailed in the sources.

4. Hexure: Another notable exit was from Hexure, a company specializing in insurance technology solutions. The details regarding the exit method were not specified.

These exits reflect NexPhase Capital's focus on operationally enhancing its portfolio companies before realizing returns through strategic sales.

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)