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 our management team partners. WestView has raised five funds totaling $2.7 billion and has invested in 60 companies. We pride ourselves on being complimentary partners to passionate entrepreneurs with domain expertise so deep, it’s effectively “in their blood.” We focus on helping entrepreneurs grow and evolve their organizations as they navigate the many opportunities and challenges that come with growth. We have significant experience with high growth companies, having helped many more than double in size during our investment period. Approximately half of WestView’s investments have in been minority positions, and across all investments, management ownership has averaged 40%, allowing owner operators to meaningfully benefit from the growth we achieve together.

We believe culture defines great organizations. As such, we never look to change the cultures of the companies we invest in. We look to expand upon the attributes that our 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. We have also continued on as an investor in multiple companies where WestView was the first institutional capital as a testament to our commitment to being a longstanding growth company investor.

Awards

2023 Top Growth Equity Firms

2023 Top 25 Healthcare Investors, Matt Carroll

2022 Top 25 Healthcare Investors, Matt Carroll

2021 Top 25 Private Equity Firms for Growth Companies

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, they have 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 our firm to focus on the lower middle market and providing first professional capital to founders of excellent businesses.

Key Investments

WestView had an active 2023—investing in five new platforms, in addition to five exits.

New Platforms

Physician Life Care Planning
Category: Business Services

Provider of physician-authored life care plans and other damages valuation products and services for law firms.

Roko Labs
Category: IT Services

Full service custom software development consultancy providing end-to-end digital engineering and transformation services.

Hubstaff
Category: Software

Workforce management SaaS platform that enables employers to better understand and manage how their people work.

Triple Crown Consulting
Category: Business Services

Provider of specialized staffing services focused on deploying high-end semiconductor hardware, embedded systems, and software engineering talent at high-growth technology companies.

Mobility Market Intelligence (MMI)
Category: Software

Provider of SaaS-based data intelligence, analytics, and sales enablement tools to the mortgage and real estate industry.

** also reinvested in ALKU and Alpha II in 2023

ALKU: Invested in 2015; reinvested 2019; exited to New Mountain Capital and reinvested 2023
Category: Business Services

Provider of specialized consulting resources to the IT, healthcare and government sectors.

Alpha II: Invested 2016; exited to TA Associates and reinvested 2023
Category: Healthcare IT

Provider of RCM SaaS solutions focused on claim scrubbing / editing, coding and billing compliance.

The Shelby Group: Invested 2019; exited to Accenture 2023
Category: IT / cloud services

procurement optimization consultancy with a strong focus on the Coupa platform. 

English Color: Invested 2017; exited to Wesco Group 2023
Category: Growth Industrial

Value added distributor of automotive paint, equipment and supplies.

Nwestco: Invested 2017; exited to Guardian Capital 2023
Category: Growth Industrial

Equipment Distributor, installer and maintenance provider to retail fuel stations and car washes.

Capital Responsibility

At WestView, we seek to make sector-focused investments in growth-oriented companies that are led by exceptional entrepreneurs. We partner with existing management teams that are passionate about continuing to build their business while owning a meaningful stake in the future success we seek to create together. We believe that effective corporate governance and a commitment to environmental and social responsibility are important components of private company investing, and thus strive to integrate the consideration of environmental, social and governance (ESG) factors into our pre-investment diligence analysis, ongoing portfolio company monitoring efforts and exit positioning strategy.

Since our founding in 2004, a focus on integrity and business ethics has been core to our firm’s investment strategy and brand identity. We implemented a formal ESG policy in 2022, though our commitment to developing strong relationships with the investors and management teams we partner with has always required us to act with integrity throughout the investment and WestView firm building processes. We value the collaborative partnership we form with these stakeholders and believe our commitment to incorporating ESG factors into our investment process will help sustain and further strengthen our 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 and 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 and 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 and 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.”