Lapa Capital

Lapa Capital is an investment adviser headquartered in New York, providing an alternative approach to wealth creation by investing at both ends of the risk spectrum: acquiring stakes in growing companies and originating/managing credit collateralized by real assets. The firm focuses on long-term value creation and partnership, assisting companies in overcoming challenges and achieving their goals. Their real estate platform, PSG, has completed over 200 transactions in 12 states, deploying $650 million in both credit and equity. Lapa Capital's investment philosophy emphasizes management teams, opportunistic and sector-agnostic approaches, targeting companies addressing real problems, with main verticals in enterprise productivity, health & well-being, regulatory compliance, and environmental preservation. They prefer companies with annual recurring revenue (ARR) over $2 million, positive EBITDA or a clear path to it, high recurrence, low customer concentration, sensible unit economics, scalable business models, and ideally novel and disruptive solutions, though defensible legacy businesses are also considered. The firm has a hands-off and helpful style, with experience and accretive relating to governance, close relationships with boards and/or management, and deep networks in the U.S., Europe, and Latin America to help companies expand abroad. Their preferred sectors include healthcare & well-being, cybersecurity, enterprise software, innovative consumer products, and regulatory compliance. Lapa Capital has made several investments, including in companies like Trumid, Phaidon, Connect RN, Synack, Bravo Sierra, and RangeForce. They have also merged with Poverni Sheikh Group (PSG), a real estate asset manager specializing in self-storage and multifamily development, creating a powerful growth catalyst in private middle markets. The combined organization counts on a total of 29 professionals with diverse backgrounds in real estate, private and public investing, legal, and operations, including five principals. While PSG’s real estate and back-office operations remain in Columbia, MD, Lapa’s growth equity activities and certain business functions operate from their Manhattan, NY office. The merged firm aims to selectively acquire stakes in exciting companies, adding value during their critical last stage of growth. During the transition period, stakeholders of both PSG and Lapa can expect uninterrupted service, with the merged firm communicating directly with all parties to ensure a seamless continuation of their investment strategies and addressing any inquiries or concerns.