Founded in 2013, Blue Sea Capital seeks investments in growth-oriented lower middle market companies valued up to $200 million. Based in West Palm Beach, Fla., the firm invests in healthcare, in addition to a few other industries. Healthcare portfolio investments include Apex Physics Partners, a medical physics services platform providing testing, inspection and certification services to hospitals, imaging centers and provider locations; SignatureMD, a provider of support services to concierge medicine physicians; Deca Dental, a de novo-oriented dental services organization with offices across Texas and Florida; MD Now, an urgent care platform in Florida with locations across multiple MSAs; Spectrum Vision Partners, a management services organization serving the ophthalmology sector in the northeastern Tri-State region; and DDS Lab, a dental laboratory manufacturing custom dental prosthetic appliances for dental service organizations and sole practitioner dentists. Read more about Blue Sea at www.blueseacapital.com
Founded in 2005, Blue Wolf seeks control investments in middle market companies. Based in New York, the firm typically invests between $25 million and $250 million in companies with annual revenue more than $50 million within healthcare and several other industries. Companies in its portfolio include StateServ, a provider of durable medical equipment services to hospices; Great Lakes Caring, a provider of home health and hospice care serving the Midwest and Northeastern United States; and ModernMD, a provider of urgent care services. Read more about Blue Wolf at www.bluewolfcapital.com
Founded in 2006, Boyne is flexible on its investment size in the lower to middle market. Based in Miami, the firm seeks minority or control equity investments in healthcare companies in the pharmaceutical, provider services and non-reimbursement industries, and invests in companies in other industries as well. Companies in its healthcare portfolio include Family Private Care, which specializes in providing private nursing care for Florida clients in homes, hospitals, assisted living facilities and nursing homes. Read more about Boyne at www.boynecapital.com
Founded in 2012, Bregal is one of several dedicated funds under the Bregal Investments umbrella of companies. Bregal seeks majority and minority investments in healthcare and other industries and prefers to make more substantial investments from a dollars perspective. Within healthcare, the firm targets the provider services and non-reimbursement healthcare industries and pursues companies with revenues of at least $10 million. Companies in its healthcare portfolio include Total Vision, a management services organization with a network of optometry practices in Southern California, and Embassy Management, a multi-state provider of community-based, residential services to adults with intellectual and developmental disabilities. Investments lead by current team members at prior funds include Invo Healthcare, a behavioral health services provider of applied behavior analysis and other therapeutic services to children with autism and other developmental disabilities, and MyEyeDr, a management services organization with a network of practices that provide optometric and retail optical services. Read more about Bregal at www.bregalpartners.com
Founded in 1998, Brockway Moran focuses on investments in middle market companies. Based in Boca Raton, Fla., Brockway Moran targets companies across a range of industries, including healthcare. Companies in its portfolio include MD Now Medical Centers, an operator of urgent care centers in South Florida, and Crisis Prevention Institute, a provider of crisis prevention, nonviolent physical intervention and dementia care training for healthcare, education and corporate customers. Read more about Brockway Moran at www.brockwaymoran.com
Founded in 1997, Caltius provides junior capital to small- and medium-sized companies in a wide range of industries, including healthcare. Based in Los Angeles, the firm is organized as two independent teams of investment professionals — one is committed to making more substantial debt investments from a dollars perspective while the other is committed to making a wide range of private equity investments. Healthcare companies in its portfolio include Starpoint Health, an operator of multispecialty ambulatory surgery centers in the Los Angeles metropolitan area, and Select Rehabilitation, a provider of physical, occupational and speech therapy services to patients residing in skilled nursing facilities. Read more about Caltius at www.caltius.com
Founded in 1987, Carlyle targets companies in healthcare and many other industries. With its U.S. headquarters in Washington, D.C., the firm has 21 buyout funds and 11 growth capital funds. U.S. healthcare companies in Carlyle’s portfolio include AcuFocus, developer of a surgical implant for the correction of presbyopia (age-related farsightedness); ConvaTec, a developer and marketer of medical technologies in areas including wound and skin care, ostomy care, continence and critical care, and infusion devices; Ortho-Clinical Diagnostics, a provider of solutions for screening, diagnosing, monitoring and confirming diseases; and Proteus Digital Health, a developer of products focused on improving congestive heart failure therapy. Read more about Carlyle at www.carlyle.com
Founded in 1996, Carousel pursues investments in Southeastern-based companies within healthcare and a few other industries. Based in Charlotte, N.C., the firm seeks control equity investments in companies with revenue of at least $10 million. Within healthcare, Carousel targets companies in the non-reimbursement industry and prefers to make more substantial investments from a dollars perspective. Companies in its healthcare portfolio include Palmetto Infusion Services, a provider of specialty infusion services to patients with complex, acute and chronic conditions; Axium Healthcare Pharmacy, an independent specialty pharmacy that provides disease-management programs; Brasseler USA, a provider of dental and surgical instrumentation and related consumable supplies; and AGDATA/Med Data, a provider of outsourced database management, marketing program administration, data collection and data analysis services Read more about Carousel at www.carouselcapital.com
Founded in 2014, CPF prefers to make more substantial investments from a dollars perspective exclusively in healthcare services. Based in Chicago and San Francisco, the firm focuses on middle market companies. The firm has invested in three platforms: CPF Living Communities; Marquee Dental Partners, a dental support organization; and Recovery Ways addiction treatment centers. Read more about CPF at www.cpfounders.com
Founded in 2014, Cimarron is focused on healthcare investments in the lower middle market. Based in Bala Cynwyd, Pa., the firm prefers to make more substantial investments in healthcare services and technology companies with revenue between $5 million and $75 million. Cimarron considers various transaction types, including leveraged buyouts, majority and minority recapitalizations, growth equity, management-led buyouts, industry consolidations and corporate carve-outs. Companies in its portfolio include Advanced Medical Pricing Solutions, a cost containment company that specializes in reviewing and repricing hospital claims on behalf of self-insured employers; Linen King, a textiles services business; and Infusion Management, a management services organization formed in partnership and affiliated with Infusion for Health. Read more about Cimarron at www.cimarronhc.com