About this site

The McGuireWoods Healthcare Private Equity Team previously published a multi-part series highlighting some of the more active private equity investors in the healthcare space. Since the original publication, we have seen even more PE investors turn toward healthcare investments, new healthcare-focused funds form, and healthcare PE deal activity continue at a staggering pace. Thus, we have decided to launch this site to highlight investors in a more current format, as part of our ongoing service to the healthcare private equity community. These investors, listed purely in alphabetical order, are funds that primarily focus on growth-stage, buyout and platform funding transactions. The sheer number of investors is a real testament to investors’ views of healthcare as a solid investment play.


Summit Partners

Founded in 1984, Summit pursues opportunities in healthcare services, healthcare technology and life sciences as well as in other growth sectors. With U.S. offices in Boston and Menlo Park, Calif., the firm targets growth equity and fixed income investments of $10 million to more than $500 million per company. Healthcare companies in Summit's portfolio include Sound Physicians, a national, value-based physician practice providing services across the acute episode of care; Integrated DNA Technologies, a provider of consumables for genomics applications; HealthSun, an integrated Medicare Advantage health plan and healthcare delivery network; and Paradigm Outcomes, a provider of complex and catastrophic medical management to the workers' compensation industry. Read more about Summit at www.summitpartners.com

Sunstone Partners

Founded in 2015, Sunstone Partners pursues majority and minority investments in technology-enabled services and software businesses in healthcare and other sectors. Based in San Mateo, Calif., the firm has wide flexibility on investment size, seeking companies generating between $10 million and $50 million in revenue. Within healthcare, Sunstone Partners targets the provider services, hospital/major facilities and non-reimbursement industries. Companies in its healthcare portfolio include ProgenyHealth, a provider of care management solutions for premature and medically complex newborns; Teladoc, a telemedicine company that uses telephone and videoconferencing technology to provide remote medical care; MedTech Solutions, a healthcare cloud computing company that works with payers and providers; and ArroHealth, a full-service provider of risk adjustment solutions. Read more about Sunstone Partners at sunstonepartners.com

Sverica Capital Management

Founded in 1993, Sverica pursues entrepreneur-operated businesses in the lower middle market. With offices in Boston and San Francisco, the firm invests in healthcare services and a few other sectors. Within healthcare, Sverica targets healthcare services, health IT, managed care and life sciences services companies. Healthcare companies in its portfolio include Women's Health USA, an operator of women's health physician groups; In Vitro Sciences, an operator of fertility clinics; Med First Primary & Urgent Care, an operator of retail primary care clinics; Resonetics, a micromachining manufacturing services provider for medical device companies; and, Gener8, a design, engineering and contract manufacturing company serving the life science instrumentation, complex medical devices and diagnostic equipment markets. Read more about Sverica at www.sverica.com

TA Associates Management

Founded in 1968, TA considers a range of investment types, from minority to majority investments. Based in Boston, the firm invests in healthcare and several other sectors. With North American companies, TA seeks to make investments ranging from $50 million to $500 million in growing and profitable companies. Healthcare companies in its portfolio include CCRM, a provider network of fertility treatment services; eviCore healthcare, a provider of medical cost management services for commercial and Medicaid payors; MedRisk, a provider of managed physical medicine and diagnostic imaging cost-containment services for workers’ compensation insurers; Senior Whole Health, a health plan provider; and Twin Med, a medical supplies distributor serving long-term care and hospice facilities. Read more about TA at www.ta.com

Tailwind Capital Partners

Founded in 2006, Tailwind specializes in investments in middle market growth companies. Based in New York, the firm prefers to make more substantial investments in a variety of sectors, including healthcare. Within healthcare, Tailwind focuses on information technology, medical devices, pharmaceuticals and services. Companies in its portfolio include Freedom Innovations, which designs and manufactures lower-limb prosthetic devices; National HME, a provider of outsourced medical equipment management solutions to the hospice market; SDI Health, a provider of data integration, analytics and reporting of patient-level data; and VersaPharm, a provider of specialty generic pharmaceuticals. Read more about Tailwind at www.tailwind.com

Texas Pacific Group

Founded in 1992, TPG targets investments in middle market companies. Co-headquartered in Fort Worth, Texas, and San Francisco, the firm invests in healthcare and a number of other industries. Healthcare companies in its portfolio include ASC and other surgical solutions provider Surgical Care Affiliates; NorthStar Anesthesia, a manager of anesthesiology practices for hospitals and surgery centers; Cardio Dx, a molecular diagnostics company that that offers genomic tests; and IMS Health, a provider of market intelligence to the pharmaceutical and healthcare industries. Read more about TPG at www.tpg.com

Thompson Street Capital Partners

Founded in 2000, Thompson Street targets investments in middle market companies. Based in St. Louis, Mo., the firm typically invests in healthcare and a few other sectors. Within healthcare, areas of interest include pharmaceutical logistics, connected health, and regulatory and compliance. Companies in its portfolio include Tropichem Research Labs, a producer of dermatological products and other specialty chemical formulations; Microbiology Research Associates, a provider of microbiology testing services; Infinity Behavioral Health Services, a provider of revenue cycle management services for behavioral health; and Receivables Management Partners, a provider of accounts receivable management and other outsourced revenue cycle management services. Read more about Thompson Street at www.tscp.com

Titan Grove Holdings

Founded in 2012, Titan Grove seeks to acquire controlling interests in small to middle market companies. Based in New York, the firm seeks to invest in companies generating between $2 million and $25 million of sustainable operating profit with margins in excess of at least 10% of revenues. Read more about Titan Grove at www.titangrove.com

Tonka Bay Equity Partners

Founded in 1998, Tonka Bay focuses on making control equity investments in lower middle market companies in healthcare and several other industries. Based in Minnetonka, Minn., the firm has wide flexibility on investment size and targets companies with between $10 million and $50 million in revenue. Within healthcare, Tonka Bay pursues companies within provider services. Companies in its healthcare portfolio include United Skin Specialists, a dermatology practice acquisition company providing a range of management services to physicians; AppleWhite Dental Partners, a dental practice management company; Q Management Services is a dental practice management company serving dental offices in Western New York; and Midwest Dental, a provider of general dentistry services to patients across the Midwestern United States. Read more about Tonka Bay at www.tonkabayequity.com

Transition Capital Partners

Founded in 1993, Transition seeks control equity investments in lower middle market companies in healthcare and several other industries. Based in Dallas, the firm has wide flexibility on investment size, pursing companies generating revenue up to $100 million. Within healthcare, Transition targets companies in the provider services and non-reimbursement industries. Companies in its healthcare portfolio include Hospice Source, a nationwide provider of respiratory therapy and medical equipment focused exclusively on the hospice market; Sante Pediatrics, a provider of pediatric and childcare services; Texas Home Health; a provider of skilled nursing, rehabilitative therapy and care management services; and Comfort Keepers, a provider of in-home senior care and companion care. Read more about Transition at tcplp.com


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