FHS Capital Partners was co-founded in 2017 by Bob Feldman, Bill Heyman and Don Spetner. The firm invests in early-stage companies and consultancies that leverage technology, insights and expertise to help clients transform their marketing and communications approach. Recently, David Kyne, Gulden Mesara and Dave Samson joined the firm as partners to broaden our depth of expertise and to expand our opportunities for future investments.
Our vision for FHS Capital Partners is rooted in our belief that clients continually seek outside partners who can deliver high-value niche expertise. If we a) can identify the most critical unmet needs of this constituency, b) find talent that can meet those needs and c) can accelerate the growth of the people/firms who have the client solutions, we then find ourselves in an ideal situation.
Our value proposition to potential partners is simple:
We bring an unparalleled network of relationships with C-Level marketing and communications executives to help our partner firms build their new business pipelines and opportunities.
We provide counsel on how to build a successful firm that can grow at scale while delivering the highest quality work; attract superior talent that is the single greatest differentiator of any professional services business; and develop the right infrastructure, operations and hygiene to create a winning business model that maximizes its potential and earns an attractive valuation if/when the time comes to sell.
We invest alongside our partners to ensure that the business is adequately capitalized, and that we’re fully aligned.
We provide strategic guidance on client and business issues throughout our partnership as advisors to firm principals.
Our Portfolio
Alethea protects clients from the threat of disinformation that targets brands, reputations, employee safety or financial bottom lines. The firm uses its own proprietary advanced technology as well as industry-leading investigation and remediation services. Alethea Group, headquartered in Washington, DC, is women and disability-owned and operated.
Integral is an employee activation agency that focuses on business transformation. Particular attention is paid to the complexities of managing corporate culture in support of strategic busines priorities, especially in an emerging post-Covid workplace. The firm is led by Ethan McCarty, a highly regarded executive in the field who previously led employee engagement work at IBM and Bloomberg.
Morning Consult is a global data intelligence company established in 2014. It was named one of the fastest growing technology companies in North America by Deloitte in both 2018 and 2019. Morning Consult’s proprietary data intelligence technology has revolutionized market research and financial data with its unprecedented scale and speed. With access to more than 100 million people globally, the company’s survey research platform collects more than 15,000 daily interviews nationally representative of populations in 15 countries. FHS was an early investor.
Applecart was founded in recognition of a challenge: the most influential individuals—executives, investors, policymakers—are the most difficult to access. Historically, organizations have often spent hundreds of millions of dollars to reach a handful of these key people.
Applecart’s technology is designed to level the playing field.
Originally developed to reach the most elite stakeholders in government, Applecart now empowers clients to reach their most important and hard-to-reach decision makers effectively, at scale, and across categories.
The Next Practices Group is a founder-driven collective of firms, deep in technology and with expertise in marketing and communications, that creates perpetual competitive advantage for their clients. NPG was founded by Bob Pearson, a former colleague of Bob’s and a leader in the field. FHS’ investment was made in April 2021.
DrivePath Advisors is the leading communications advisory firm specializing in all sectors of the energy industry. The firm is known for its deep corporate affairs and financial communications expertise with senior executives who have deep client-side experience. DrivePath excels in supporting transformational opportunities, managing pivotal reputational moments and navigating complex situations to achieve the right business outcomes.
The earned media industry is highly fragmented and inefficient, relying heavily on PR firms. Platform aggregation has delivered network effects while creating transformative value across many industries, but not yet communications. Earned media is heavily reliant on outdated tech such as email, phone calls, and spreadsheets. The industry is ripe to be disrupted by technology and aggregation tools.
Qwoted brings network benefits to the earned media market. Through tech enablement and platform aggregation, Qwoted enables all constituents to interact seamlessly, with or without PR intermediaries.
Kyne was an award-winning healthcare communications agency founded by David Kyne that FHS supported ultimately leading to a successful exit; the firm today is part of Inizio, a global healthcare and life sciences consultancy. David Kyne is now an FHS partner, as well as co-founder of the Kyne Foundation, a non-profit with a focus on health and education in Africa and Europe.
* Denotes investment made as Feldman + Partners, prior to formation of FHS Capital Partners.