HCPro Holdings, Inc. (HCPro), based in Marblehead, Massachusetts, is an industry leader in healthcare publishing and consulting.  Revenues have grown at a compound annual growth rate of approximately 18% since 1998.  HCPro has become the most extensive provider of need-to-know information on regulatory compliance in the healthcare industry.  HCPro’s website is www.hcpro.com.

HCPro provides information in a variety of formats including newsletters, books, videos, CDs, audio conferences, and e-learning.  The Company’s customer universe includes more than 190,000 U.S. facilities comprised of hospitals, assisted living, physician offices, the government and other healthcare-related organizations.  HCPro’s products and services are used by administrators, managers, and senior medical staff at these facilities.

The Company currently offers 47 monthly regulatory newsletters, 275 book titles, 98 videos, more than 125 audio conferences annually, 105 e-learning education products, 28 annual seminars, and over 3,000 consulting days in the field.  HCPro’s consultants provide services related to mission critical issues, such as accreditation, credentialing and privileging, patient safety, and external peer review. 

BP worked with existing HCPro management and with the founders of the Company to structure and implement an orderly transfer of ownership and to recapitalize the business.  Together with Bruce Guzowski, HCPro's CEO, BP formed an acquisition company and negotiated a binding purchase agreement as well as compensation and employment arrangements with HCPro's senior management team.  BP then arranged and negotiated the private placement of $37.5 million of senior debt, subordinated debt, and preferred stock.  Martin Madden served on HCPro's Board of Directors.

In March 2005, HCPro completed a $27 million recapitalization of its existing senior and subordinated debt facilities.  The new senior debt facility provides for increased financial flexibility and funding for additional acquisitions.  Bariston served as HCPro’s advisor.

In February 2008, HCPro was sold to a company founded by Halyard Capital and HCPro’s senior management.