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.

Madison Dearborn Partners

Founded in 1992, MDP pursues management buyouts and structured minority investments. Based in Chicago, the firm focuses on value-oriented mature businesses and growth-oriented companies in several industries, including healthcare. Healthcare companies in its portfolio include Kaufman Hall, a provider of consulting services and enterprise performance management software; Multi Packaging Solutions, a provider of packaging solutions; Option Care, a provider of home and alternate site infusion services; Performance Health, a supplier to rehabilitation, recovery and sports medicine markets; and VWR International, a distributor of equipment and consumable supplies to the laboratory sector. Read more about MDP at www.mdcp.com

Martin Ventures

Founded in 2009, Martin Ventures seeks control and minority equity investments exclusively in healthcare. Based in Nashville, Tenn., the firm targets the provider services and hospital/major facilities industries. Companies in its portfolio include Contessa Health, which creates and manages home hospitalization programs in partnership with physicians; Wellvana Health, which partners with independent physicians to develop and maintain clinically integrated healthcare networks; Trilliant Health, an analytics and data science company; and Ovia Health, a maternity and family benefits solution. Read more about Martin Ventures at www.martinventures.com

Martis Capital

Founded in 2011, Martis pursues buyout and growth-equity investments exclusively in middle market healthcare companies. With offices in San Francisco and Washington, D.C., the firm targets a wide range of North America-based opportunities across several healthcare sub-sectors, including services, technology, consumer and wellness, and products and diagnostics. Companies in its portfolio include Care Hospice, a national hospice provider; Epic Systems, a software developer for large medical institutions and health systems; ShareMD, a platform of medical office buildings creating a technology-enabled healthcare environment for tenants and patients; and DCN Dx, a contract developer and manufacturer of rapid point-of-care diagnostic tests. Read more about Martis Capital at www.martiscapital.com

Metalmark Capital

Established in 2004, and formerly Morgan Stanley Capital Partners, Metalmark makes controlling investments in middle market companies. Based in New York, the firm invests in healthcare and other industries. Companies in its healthcare portfolio include Aegis Sciences Corp., a provider of drug monitoring and toxicology services; Catalytica, a provider of bulk actives, chemical intermediates and sterile pharmaceutical products for major pharmaceutical companies; Collagen Matrix, a developer and manufacturer of collagen and mineral-based technology for applications in tissue repair and regeneration; and Vanguard Health Systems, an owner and operator of acute care hospitals and complementary facilities and services. Read more about Metalmark at www.metalmarkcapital.com

New Enterprise Associates

Founded in 1977, NEA specializes in investments in venture growth equity at all stages. Based in Menlo Park, Calif., the firm has wide flexibility on investment size, primarily targeting healthcare and technology companies. Companies within its healthcare portfolio include Annexon Biosciences, a developer of therapeutic products intended to halt the progression of complement-mediated neurodegeneration, and Minerva Surgical, a device company focused on women’s health. Read more about NEA at www.nea.com

New Harbor Capital

Founded in 2013, New Harbor invests in lower middle market companies. Based in Chicago, the firm prefers to make more substantial investments from a dollars perspective in healthcare, business services and education companies. Companies in its portfolio include PT Solutions, a provider of physical therapy services in the Southeast and Midwest; Community Psychiatry Management, a behavioral health practice management company; and KURE Pain Management, a provider of multi-disciplinary pain management services. Read more about New Harbor at www.newharborcap.com

New State Capital Partners

Founded in 2013, New State invests in middle market companies with EBITDA from $8 million to $25 million. The firm, based in Larchmont, N.Y., typically invests $10 million to $45 million in equity in companies serving healthcare and other industries. Companies in its portfolio include United Medical Systems, a provider of mobile medical services to hospitals, surgery centers and offices; New Vista Behavioral Health, which offers subacute-detox, residential, partial hospitalization, intensive outpatient and outpatient treatment services in California facilities; and Capitol Pain Institute, a provider of pain management services to the greater Austin, Texas, area. Read more about New State at www.newstatecp.com

NewSpring Capital

Founded in 1999, NewSpring seeks investments in growth companies with large market opportunities. Based in Radnor, Pa., the firm invests in several industries, including healthcare. One of its investment funds — NewSpring Healthcare — specifically targets healthcare companies across the healthcare services, specialty pharmaceutical and medical technology sectors. Healthcare companies in its portfolio include ContinuumRx, a provider of home infusion services; Sun Behavioral, which operates freestanding inpatient psychiatric hospital facilities; Verisma, an information technology provider focused on delivering release of information solutions to health systems and hospitals; and Seniorlink, a provider o f home and community-based services to seniors and people with disabilities. Read more about NewSpring at www.newspringcapital.com

Oak Hill Capital Partners

Founded in 1986, Oak Hill seeks to invest in middle market companies. Based in Stamford, Conn., the firm typically makes more substantial investments in a number of sectors, including healthcare. Companies in its healthcare portfolio include AccentCare, a full-service provider of home healthcare services, and Vantage Oncology, an owner and operator of outpatient radiation oncology centers in more than a dozen states. Read more about Oak Hill at www.oakhillcapital.com

ORIX Healthcare Capital

Founded in 1981, ORIX Healthcare is a business unit of Dallas-Based ORIX USA. ORIX Healthcare considers a wide range of control and minority equity investments in the life sciences/pharmaceutical and non-reimbursement industries. More specifically, companies of interest include healthcare service, pharmaceutical product and pharmaceutical service providers. Healthcare companies in its portfolio include AdvantEdge Healthcare, which provides revenue cycle management and practice management solutions to hospital-based and large office-based physician practices; Talyst, which provides automated central pharmacy hardware and software to acute care hospitals, long-term care facilities and correctional facilities; and Epic Health Services, which provides pediatric home healthcare throughout Texas. Read more about ORIX Healthcare at www.orix.com/capital-solution/healthcare/

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