WestView Capital Partners
Technology-Focused Growth Equity Firm
Boston MA

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Category: Emerging Growth
Mark: AA

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Profile

WestView Capital Partners was founded in 2004 to focus on partnering with outstanding founders and entrepreneurs to help them grow their firms through technology, innovation, opportunism, hard work and grit. Since inception, WestView has executed on its vision of being helpful yet unintrusive to its management team partners. WestView has raised five funds totaling $2.7 billion and has invested in 66 companies. WestView prides itself on being a complementary partner to passionate entrepreneurs with domain expertise so deep, it’s effectively “in their blood.” WestView focuses on helping entrepreneurs grow and evolve their organizations as they navigate the many opportunities and challenges that come with growth. The firm has significant experience with high-growing companies, having helped many more than double in size during its investment period. Approximately half of WestView’s investments have been in minority positions, and across all investments, management ownership has averaged ~39%, allowing owner operators to meaningfully benefit from the growth achieved together.


WestView believes culture defines great organizations. As such, the firm never looks to change the cultures of the companies it invests in. It seeks to expand upon the attributes that its entrepreneurs have successfully instilled in their organizations. WestView differentiates itself through its ownership flexibility, longstanding track record of working with growth companies, and being a true value-added partner to its entrepreneurs. WestView has also continued as an investor in multiple companies where it was the first institutional capital, as a testament to its commitment to being a longstanding growth company investor.


Awards

2026 Top Healthcare Investors

2025 Top Growth Equity Firms

2024 Top Growth Equity Firms

2023 Top Growth Equity Firms, Top Healthcare Investors

2022 Top Healthcare Investors

2021 Top Private Equity Firms

Features

Trusted Growth Investor: WestView Capital’s Matthew Carroll

GrowthCap’s RJ Lumba spoke with Matt Carroll on May 7, 2025. Matt is the Managing Partner at WestView Capital Partners, a Boston-based growth equity firm, where he focuses on partnering with middle-market companies to support growth and scale.

Key People

WestView is still led by its five founding members 20+ years after the firm was founded in 2004 – Rick Williams, Carlo von Schroeter, Matt Carroll, Jonathan Hunnicutt, and John Turner. The next generation at WestView has also been with the firm for over a decade – Greg Thomas (2012), Jeff Clark (2011), and Kevin Twomey (2014). Across the four managing partners, the team has partnered with over 100 companies over the last 35 years, staying true to WestView’s founding principles of being excellent partners to founders and management teams.

Funds Raised

WestView began with a $195 million fund in 2004 and is currently investing out of WestView V, a $1.0 billion fund raised in 2023. WestView’s fund size has grown consistently, but prudently, to allow the firm to focus on the lower middle market and providing first professional capital to founders of excellent businesses.

Fund Name Size Date
Fund V $1.0B January 2023
Fund IV $700M December 2017
Fund III $439M November 2013
Fund II $325M November 2009
Fund $195M September 2005

Key Investments

Below are the most recent WestView investments and exits

New Platforms

Benefits All In
Sector: healthcare IT/outsourcing

Benefits All In is a leading provider of specialized employee benefits solutions, offering a range of services including education-driven enrollment, risk management, and risk management software

CaTECH
Sector: industrial services

CaTECH is a leading infrastructure services provider specializing in the design, installation, and maintenance of mission-critical structured cabling and related technology infrastructure

PharmaLink
Sector: healthcare IT/outsourcing

PharmaLink is a premier pharmaceutical reverse distributor, serving as a centralized hub for the processing of unsaleable pharmaceutical products

EyeQ
Sector: business services

EyeQ is a provider of remote video monitoring and business intelligence solutions for commercial properties across North America

Hoist
Sector: IT services

Hoist is a leading provider of IFS-focused implementation, consulting, and support services, serving a diverse base of customers within IFS’s core set of industries

 

Exits / Recaps

Prime Electric: Invested in 2021; partial exit via a recapitalization with Truelink Capital in 2025
Sector: industrial services

Prime Electric is a premier provider of electrical contracting services across the West Coast

The Phia Group: Invested in 2018; reinvested 2019; partial exit via a recapitalization with InTandem Capital Partners in 2025
Sector: healthcare IT/outsourcing

The Phia Group empowers health benefit plans and sponsors through innovative consulting, cost containment, and plan management services

Health Monitor Network: Invested 2019; partial exit via a recapitalization with Gridiron Capital in 2024
Sector: business services

Health Monitor Network is a healthcare marketing platform providing medical education to patients and healthcare professionals directly at the point of care

ALKU: Invested 2015; reinvested in 2019; exited to New Mountain Capital and reinvested in 2023
Sector: business services

ALKU is a provider of specialized consulting resources to the IT, healthcare, and government sectors

Alpha II: Invested 2016; exited to TA Associates and reinvested 2023
Sector: healthcare IT/outsourcing

Alpha II is a provider of RCM SaaS solutions focused on claim scrubbing/editing, coding, and billing compliance

Capital Responsibility

WestView seeks to make sector-focused investments in growth-oriented companies that are led by exceptional entrepreneurs. The firm partners with existing management teams that are passionate about continuing to build their businesses while owning a meaningful stake in the future success they seek to create together. WestView believes that effective corporate governance and a commitment to environmental and social responsibility are important components of private company investing, and therefore strives to integrate the consideration of environmental, social, and governance (ESG) factors into pre-investment diligence analysis, ongoing portfolio company monitoring efforts, and exit positioning strategy.

Since its founding in 2004, a focus on integrity and business ethics has been core to WestView’s investment strategy and brand identity. WestView implemented a formal ESG policy in 2022, though its commitment to developing strong relationships with the investors and management teams it partners with has always required acting with integrity throughout the investment and firm-building processes. WestView values the collaborative partnerships formed with these stakeholders and believes its commitment to incorporating ESG factors into its investment process will help sustain and further strengthen the firm’s reputation with investors and management teams alike.

CEO Reviews

Steve Stevens, Founder and CEO, Jopari – as published in Inc. Magazine

“After going through hundreds of private equity firms in my long career, I have never felt as comfortable as I have with WestView as my partners.”

Chuck Vermillion, Founder / CEO, OneNeck IT Services and AccountabilIT

“I always took pride in OneNeck being the first ever WestView investment and I know they felt the same way throughout our first success together, which is why I chose to partner with them again after I started AccountabilIT.” 

Rob Corrato, Founder / CEO, Executive Health Resources

“WestView customized a minority deal that fit all of our neds. They understand entrepreneurs and differentiate with flexibility.” 

Mark Eldridge, Founder / CEO, ALKU

“WestView understood what makes ALKU unique and how we can accelerate growth together. They have been a strong partner in our rapid growth and expansion.”

Sam Heleba, CEO, Graphic Controls

“WestView has been invaluable in helping us transform our business by acquiring five medical device businesses in four years. They know how to balance organic and acquisition growth.”