Halyard
Private equitySarasota · Growth · 3 people tracked
Also known as Halyard Asset Management Llc · HALYARD CAPITAL MANAGEMENT, LLC
Investment thesis
Halyard runs an executive-sponsorship model, backing seasoned operators to build platform companies and scale them through proprietary acquisitions and organic growth. It takes control positions—typically majority board representation—and stays actively involved in strategy, acquisition sourcing and diligence, financing and recapitalizations, and key management recruitment. Case studies span marketing services, enterprise IT infrastructure, education services and networking hardware, where Halyard targeted high-growth sectors, consolidated fragmented markets, and drove EBITDA and revenue expansion before monetizing via strategic sales or IPOs, achieving outcomes such as 33%-80%+ IRRs and multiples of invested capital.
Source: firm website, verified Aug 25, 2026.
Team · 3 people
from the firm's website
What they invest in
from 10 of 36 portfolio companiesEdTech ×3Healthtech ×3AI & Machine Learning ×2Enterprise Software ×2Marketing Tech ×2Marketplaces ×2SaaS ×2AdTech ×1
HQs:United States×3
Investments · 36 tracked
founders shown can be your intro pathProvider of content marketing and B2B database marketing solutions to enterprise technology customers.
Minnesota-based owner of community and daily newspapers, a weekly shopper and specialty publications; exited in 2004.
Dallas-based publisher of community newspapers and shopping publications; sold to Macquarie Media Group in 2007.
Education Connection is a free online service that matches prospective students with schools and degree programs based on a short questionnaire about their educational goals.
EdTechMarketplaces
EducationDynamics is a marketing, enrollment, and consulting services firm for higher education institutions, offering research, reputation management, brand and creative, full-funnel marketing, and enrollment management.
EdTechMarketing Tech
Greeley provides consulting, managed services, staffing, and education focused on optimizing hospitals' Medical Staff Services Departments (MSSD), including credentialing, privileging, and provider enrollment processes.
Digital HealthHealthtech
Media company serving the housing and construction industries with magazines, trade shows, marketing and market intelligence; sold to J.P.
Co-investorsABRY Partners
Co-investorsAcon Investments
Denver-based operator of data centers offering colocation, web hosting and network services to SMEs; sold to Sungard in 2005.
Holding company for ICBC Broadcast Holdings, a large US radio broadcaster targeting urban markets.
Mobile and cross-channel video advertising provider delivering targeted engagement to consumers on behalf of media agencies, brands and publishers.
The page displays entertainment and music news articles, such as coverage of a Broadway musical adaptation.
Media & Entertainment
Co-investorsTop Corner CapitalVantagePoint Capital Partners
Santa Clara-based maker of branded networking products for small/medium business and home users; IPO'd in 2003 (NASDAQ: NTGR).
OneSource Virtual is a business services company focused on workplace diversity, equity, inclusion, and belonging initiatives for its employees.
Enterprise SoftwareFintechFuture of WorkHR TechSaaSIrving, US
John Wesley Bryan(Executive Officer, Director)Brian Williams(Co-Founder & Board Member)inMelinda Lawrence(Executive Officer)Brian David Williams(Executive Officer, Director)Mark Leon Turner(Executive Officer)Michael Simpson(Executive Officer)
Co-investorsTA AssociatesTCV
B2B media platform operating trade magazines, trade shows, directories and online products; exited in 2006.
Presidio is an IT services and digital transformation company that guides enterprises through technology adoption and modernization.
Cloud ComputingCybersecurityEnterprise Software
Co-investorsOak Investment Partners
Holding company operating network-affiliate television stations in New York, California, Vermont and Alaska.
StudyAbroad.com offers study abroad programs for students at partner universities in destinations such as Japan, Bali, Spain, Hungary, Costa Rica, and Thailand, bundling tuition and housing at lower prices than typical providers.
EdTechMarketplacesTravel & Hospitality
Urban radio broadcasting company operating stations in Tampa and Jacksonville, Florida.
Massachusetts-based owner of communications towers for wireless carriers; sold to Global Tower Partners in 2006.
AdTechAI & Machine LearningHealthtech
Tranzact provides direct-to-consumer marketing, sales, and member care services for insurance carriers, helping them acquire and retain customers.
InsurTechMarketing TechSales Tech
Media strategy, planning and buying firm for emerging brands, specializing in reaching women in beauty, health and fashion.
Exits · 2
IPOs and acquisitions across the tracked portfolioPractice Insightacq. by WaystarTI Healthacq. by Swoop
Portfolio news
latest coverage across their companies
Fund performance · per public LP disclosures
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Halyard Capital Fund II, L.P.LPs: New York City Employees' Retirement System, Teachers' Retirement System of the City of New York | 2007 | — | 7.3% | 1.62x | 1.47x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Halyard made?
- Halyard has 36 tracked investments, 2 of which have exited via acquisition or IPO.
- What stage does Halyard invest at?
- Halyard invests at the Growth stage.
- What sectors does Halyard focus on?
- Halyard focuses on AdTech, Cloud Computing, EdTech, Enterprise Software, Marketing Tech.
- Where is Halyard located?
- Halyard is headquartered in Sarasota, US.
- Does Halyard lead rounds?
- Yes, Halyard leads investment rounds.
- Who does Halyard co-invest with?
- Halyard most often shares deals with Acon Investments, Oak Investment Partners, TA Associates, among 7 tracked co-investors.
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