HCAP Partners has completed an investment in Xevant, according to a news release.

Xevant, founded in 2016 and based in Lehi, Utah, is the developer of an analytics platform for pharmacy benefit professionals.

HCAP Partners, based in San Diego, is a private equity firm that provides growth capital to lower middle market companies throughout California and the Western United States. Founded in 2000, the firm seeks to invest $2 million to $15 million in businesses generating between $10 million and $100 million in revenues in healthcare and a few other industries.

Terms of the investment were not disclosed.