Lone Star Analysis Secures Investment from HCAP Partners
DALLAS, Oct. 24, 2019 /PRNewswire-PRWeb/ -- Lone Star Analysis, a trusted provider of advisory services and internationally recognized for leading-edge predictive and prescriptive analytics solutions, announced today that it has finalized a round of funding in which it secured an investment from California-based firm HCAP Partners.
"HCAP Partners worked to fit their investment goals into a framework that matched our growth goals, giving them a lead over other offers," said Steve Roemerman, CEO and chairman, Lone Star Analysis. "Their approach and reputation were both unique, making our decision an easy one."
Lone Star has achieved many goals within the last year, with the growth of its office and increase in revenue. These positive changes led to an expansion of services and the launch of its newest software, TruPredict(TM). This new funding will position Lone Star to pivot more into the software space. TruPredict served as Lone Star's first major endeavor into software. The company intends to add more software-based solutions in the coming year.
In addition to software, the company is planning an aggressive expansion of its deployment of predictive and prescriptive analytics solutions. As new solutions come to fruition, the company forecasts its growth to continue at a consistent, double-digit rate.
The investment was led by HCAP Partners Principal Nicolas Lopez and Managing Partner Tim Bubnack.
"IoT adoption and the proliferation of AI automation are now requirements across many large enterprises looking for cost reductions and capital efficiency," said Lopez. "Lone Star's predictive analytics tools are at the forefront of the industry. As data created by enterprises increases exponentially, companies such as Lone Star, with its leading-edge software applications and strong IP, are poised for solid growth in the years ahead."
As Lone Star plans for the new year, another major focus is on launching real-time internet of things (IoT) solutions. Based on its AnalyticsOS(TM) platform, the company expects ideas to move from proof of concept trials to volume deployment. This will generate substantial incremental revenue growth. "We are pleased by the progress of four IoT and digital twin launches," said Matthew Bowers, Lone Star's President and COO. AnalyticsOS is creating impressive value creation for our customers." AnalyticsOS is a powerful platform for IoT analytics, creating important value for some of the largest corporations in the world.
Lone Star is also will also be better equipped to serve as a responsive partner. Having recently closed several partnerships, the company's goal is to support its partners in training, software deployment and product support.
To learn more about Lone Star's current solution offerings, visit: https://lone-star.com/.
About Lone Star Analysis
Lone Star Analysis is a Dallas-based predictive and prescriptive analytics specialist enabling customers to make smarter decisions faster by leveraging data and insights to provide foresight and enhance the decision-making of its customers. Lone Star's TruNavigator®, AnalyticsOSTM, and TruPredict(TM) software programs provide transparent, auditable and explainable solutions for clients. Additionally, Lone Star applies the right combination of data, people and processes to get results with its 15 years of experience and more than 1,000 subject matter experts, across several industries, including aerospace, defense, energy, logistics, manufacturing and transportation.
For more information on Lone Star, visit http://www.Lone-Star.com.
About HCAP Partners
HCAP Partners was founded in 2000 and is a provider of mezzanine debt and private equity for underserved, lower-middle market companies throughout California and the Western United States. The firm seeks to invest $2 million to $15 million in established businesses generating between $10 million and $100 million in revenues in the healthcare, software, services and manufacturing industries. HCAP Partners has invested in over 45 companies since it was founded and through ongoing, active engagement with portfolio companies, the team at HCAP Partners provides value-added resources to help optimize performance and increase enterprise value. The firm has been recognized as an Impact Assets 50 fund six years running and, through its Gainful Jobs Approach(TM), works to facilitate a positive impact on underserved businesses, their employees and their communities through active portfolio engagement.
For more information, please visit http://www.hcapllc.com.
Media Contact:
Elle Glatz
Mod Op for Lone Star
972-480-8383 ext. 217
Elle.glatz@modop.com
SOURCE Lone Star Analysis
