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.

Lake Capital

Founded in 1998, Lake seeks to invest in middle market companies and specialized startups. The firm, based in Chicago, targets investments in healthcare services (e.g., home healthcare, infusion therapy, clinical research, specialty pharmacy, institutional pharmacy) and several other industries. Companies in its portfolio include intraFUSION, a provider of management services to physicians who administer outpatient infusion therapies within their practice, and PhysioHealth, a multi-regional physical rehabilitation and wellness company. Read more about Lake at www.lakecapital.com

LaSalle Capital

Founded in 2004, LaSalle seeks control equity investments in lower to middle market companies in healthcare and other industries. Based in Chicago, the firm prefers to make more substantial investments from a dollars perspective in companies with between $10 million and $100 million in revenue. Within healthcare, LaSalle targets the provider services industry. Companies in its healthcare portfolio include Professional Recovery Consultants, an accounts receivable management company. Read more about LaSalle at www.lasallecapital.com

Latticework Capital

Founded in 2015, Latticework makes control equity investments in the lower middle market. Based in Dallas, the firm focuses exclusively on healthcare, specifically the provider services, hospital/major facilities, life sciences/pharmaceutical (pharmaceutical services and contract manufacturing for medical equipment/devices) and non-reimbursement industries. Latticework prefers to make more substantial investments from a dollars perspective. Companies in its portfolio include Salt Dental Collective, a pediatric dental service organization in the Pacific Northwest; Xpress Wellness Urgent Care, an owner/operator of rural urgent care centers in Oklahoma and Kansas; Rural Partners in Medicine, an outsourced provider of specialty physician services to rural hospitals; and American Veterinary Group, an owner/operator of veterinary hospitals, primarily in the Southeast United States. Read more about Latticework at www.latticeworkcapital.com

Lee Equity Partners

Founded in 2006, Lee focuses on control buyouts and growth capital financings in the middle market. Based in New York, the firm prefers to make more substantial investments in several sectors, including healthcare. Companies in its portfolio include Midcap Financial, healthcare-focused specialty finance company providing asset-based life sciences, real estate and leveraged loans to middle market companies; Eating Recovery Center, a behavioral health provider specializing in the treatment of eating disorders; and Universal American Corp., a provider of senior Medicare and Medicaid insurance products. Read more about Lee at www.leeequity.com

Levine Leichtman Capital Partners

Founded in 1984, Levine Leichtman makes structured equity investments in middle market companies located primarily in the United States. Based in Beverly Hills, Calif., the firm invests in healthcare and several other industries. Companies in its portfolio include Capsa Healthcare, a provider of mobile workstations, medication management products and pharmacy automation solutions; Genova Diagnostics, a specialty clinical laboratory; and Caring Brands, a franchisor of home healthcare services under three global brands, including Interim Healthcare. Read more about Levine Leichtman at www.llcp.com

LFE Capital

Founded in 2001, LFE pursues a wide range of investment opportunities in companies providing health and wellness products and services. With offices in Naples, Fla., and Minneapolis, Minn., the firm typically targets second-stage businesses with revenues of $2 to $20 million and EBITDA up to $3 million, including pre-EBITDA companies. Within in its portfolio are eMindful, a mindfulness platform with applications including stress reduction, smoking cessation, cancer recovery and pain management, sold into payer/provider and corporate wellness networks; The Big Know, a health and wellbeing activation engine that uses educational content to engage employees and members; and Avant Healthcare, a recruiter and placement agent of foreign trained nurses and physical therapists. Read more about LFE at lfecapital.com

Linden Capital Partners

Founded in 2004, Linden is focused exclusively on healthcare. Based in Chicago, the firm pursues acquisition opportunities across the healthcare industry, including services, products and distribution companies, and prefers to make more substantial investments from a dollars perspective. Companies in its portfolio include Collagen Matrix, a manufacturer of collagen-based medical products; Avalign Technologies, a contract manufacturer of orthopedic implants, instruments and delivery systems; Solara Medical Supplies, a distributor of diabetic devices and supplies; and ERG, a clinical research site business serving pharmaceutical companies and contract research organizations. Read more about Linden at www.lindenllc.com

LLR Partners

Founded in 1999, LLR invests in a targeted set of industries, with a focus on middle market technology and services businesses. Within healthcare, the Philadelphia-based firm pursues investments in healthcare IT, outsourced healthcare services, managed care and provider-based organizations. Companies in its healthcare portfolio include CareATC, a technology-driven employee population health management company; Numotion, a provider of complex rehabilitation products; Phreesia, a patient intake management platform for physicians’ offices; Schweiger Dermatology Group, the largest dermatology group practice in the Northeast; and Eye Health America, an eye care practice management company in the Southeastern United States. Read more about LLR at www.llrpartners.com

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

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