Halyard Capital

Halyard Capital is a lower middle-market private equity firm that invests in companies operating in technology-enabled business and information services, digital marketing and data analytics, information-technology cybersecurity, and information-technology infrastructure and communications. The firm concentrates on industries where its team says it has built deep sector expertise and an executive network, targeting what it describes as growth businesses well positioned to benefit from long-term structural change within their respective markets. Halyard's site names its sale of StratEx to Toast among its past transactions, and describes its overall strategy as seeking to create value within companies in high-growth sectors through investments it characterises as thesis-driven and executive-driven, rather than purely financial ones, drawing on the experience its investment team has built across these focus areas over time.