Porter Hedges Advises GP Capital Partners on Debt and Equity Investment in National Cyber Group

Firm News
06.14.2022

Porter Hedges advised GP Capital Partners, LP (“GP Capital Partners”) on its recent investment in National Cyber Group, LLC (“National Cyber Group” or the “Company”), in partnership with LP First Capital (“LPFC”). National Cyber Group is a cybersecurity workforce accelerator equipped to attract, train, and transmit thousands of career-seekers into entry and mid-level jobs as the nation’s ‘Elite Cybersecurity Corps.’

The investment by GP Capital Partners consisted of both a senior secured term loan and an equity investment. These proceeds, in addition to equity raised by LPFC, funded the acquisition of the two foundational companies and position National Cyber Group to grow and scale the platform over the next few years.

Headquartered in the Washington, D.C. metro area, National Cyber Group is positioned to offer a unique formula for cybersecurity workforce development to address America’s current 2 million person cyber talent deficit.

GP Capital Partners is a Houston-based private credit and equity investment firm licensed as a Small Business Investment Company by the U.S. Small Business Administration. The firm supports growth and later stage small businesses in the lower middle market through flexible capital solutions and strategic guidance.

LP First Capital is a private investment firm headquartered in Austin, Texas focused on the healthcare, business services, and education industries.

For additional details, see the GP Capital Partners press release here.

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