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May 24, 2017 PR Newswire Orange County, California

Solis Capital Partners sells Resolve Systems to Insight Venture Partners

“We are very pleased with the successful sale of Resolve to Insight,” said Craig Dupper, Managing Partner of Solis.

NEWPORT BEACH, CA – May 24, 2017 – Solis Capital Partners (Solis), a lower middle-market private equity firm, today announced the sale of Resolve SystemsⓇ (Resolve) the only enterprise-wide incident response and automation platform for security, IT and network operations, to an affiliate of Insight Venture Partners (Insight). Terms of the transaction were not disclosed.

Resolve Systems was founded in 2000 as primarily an IT services provider and value added reseller of IT operations and network management software. In March 2012, Solis partnered with the co-founder to accelerate the development and commercialization of the Company’s emerging IT process automation (ITPA) software platform called Resolve. Since then, Resolve evolved significantly from its ITPA origins into the leading incident response and resolution software platform supporting the network, IT and security operations environments of leading Fortune 500 enterprises throughout the world. Utilizing “intelligent incident response” which includes a combination of runbook automations and human guidance, Resolve drives significant ROI by reducing mean time to incident resolution, reducing costs associated with incident escalation, and increasing staff productivity.

“We are very pleased with the successful sale of Resolve to Insight,” said Craig Dupper, Managing Partner of Solis. “In this partnering, we had the opportunity to support Resolve’s exciting transformation into a leading incident response software provider. Key elements driving this transformation included product development, resource optimization, rebranding, and leadership team building. We are grateful for the hard work and dedication of the Resolve team, and we are excited for their opportunity to take Resolve to the next level with Insight as a partner.”

“Solis provided critical resources and was a tremendous support in accelerating our growth and evolution,” said Martin Savitt, Chief Executive Officer of Resolve Systems. “Our time with Solis allowed us to develop a scalable platform with great potential. Insight brings a unique level of knowledge and capability, and we are looking forward to working with them to execute Resolve’s next phase of growth.”

HCAP Partners, a San Diego-based provider of mezzanine debt and equity to the lower-middle market, provided additional growth capital to Resolve.

Pacific Crest Securities, a division of KeyBanc Capital Markets Inc., acted as the exclusive financial advisor to Resolve Systems in connection with the sale transaction.

Solis Capital Partners is a private equity firm specializing in the lower middle-market. Headquartered in Newport Beach, CA, and with offices in San Diego, CA, Solis focuses on companies with revenues of $15 to $100 million, typically in the service, niche manufacturing, and software sectors. The firm is actively investing through Solis Capital Partners II, LP. For additional information, see www.soliscapital.com.

June 8, 2015 Orange County Business journal Orange County, CA

PE Firms Establish Niches in Quest for Portfolio Growth

Solis Capital Partners is "disciplined" in staying in the lower middle market

OCBJ - Jane Yu - June 8, 2015 - Orange County's private equity scene covers a wide range of industries and market segments, a reflection of the diversity in characteristics and specialities of the investment firms here.  

Solis Capital Partners LP has closed a few OC deals recently. The Newport Beach-based firm focuses on relatively small investment opportunities, and that's the market it wants to stay in, said founder and Managing Director, Dan Lubeck. "We are disciplined in staying in the lower middle market," he said, referring to a segment of companies with $15 million to $100 million in revenue.

Read entire article here

February 13, 2015 Orange County Business Journal Orange County, CA

Solis Gets Stake in Lindora

February 13, 2015 - Newport Beach-based private equity firm Solis Capital Partners LLC  has acquired an equity stake in Lindora Inc., a Costa Mesa -based provider of weight -loss management programs.

Read entire article on Orange County Business Journal

January 28, 2015 Orange County Business Journal Orange County, CA

Solis Invests in SA Safety Gear Maker

January 28, 2015 - Newport Beach-based private equity firm Solis Capital Partners has acquired an equity stake in Santa Ana-based ML Kishigo Manufacturing Co.

Read entire article in Orange County Business Journal

September 30, 2014

gen-E changes it's name to Resolve Systems

Irvine, CA - September 30, 2014 - Solis Capital portfolio company, gen-E, today announced that it has changed its name to Resolve Systems to more accurately reflect the company's commitment to providing innovative, accelerated incident resolution software for Network and IT Ops.

Read entire press release 

September 12, 2014 Orange County Business Journal

PE Firm Invests in Propane Engine Maker

Newport Beach-based private equity firm Solis Capital Partners LLC. has made an equity investment in LEHR Inc., a manufacturer of propane-powered engines and tools for home and commercial uses.

Read entire article on Orange County Business Journal

June 9, 2014

Horizon Communications named the Official Wi-Fi Provider to the Special Olympics USA National Games 2014

Irvine, CA - June 9, 2014 - Horizon Communications, a leading provider of wireless solutions to large venues and events, is proud to be the official provider of Wi-Fi to the Special Olympics USA National Games 2014 to be hosted in New Jersey, from June 14 to June 21, 2014.

Read entire press release


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