PRESENTED BY
ACG NY 11th Annual Healthcare Conference Investor Profile Report
PRESENTED BY
METROPOLITAN CLUB FEBRUARY 28, 2019 Glossary Business Description: All investments by industry: A description of the firm’s primary type, Graph of transactions by industry, represented in preferences and location. PitchBook is an the PitchBook Platform. This breakdown is based impartial information provider on primary industries of the portfolio/serviced and will remove promotional language. companies. Assets under management (AUM): Specific to Lender Profiles The amount of money that the investor manages Total debt financings: for clients based on number of currently-managed The number of entities identified by PitchBook that funds. received debt financing from the firm in the last five years. Active private equity investments: The number of active companies in the investor’s Target debt financing amount: current portfolio identified by PitchBook in the Preferred amount of debt typically provided by last five years. This includes add-on transactions. the firm in a transaction. Total private equity investments: Specific to Service Provider Profiles The total number of companies in the investor’s Total transactions: portfolio, identified by PitchBook in the last five The number of transactions identified by years. This includes add-on transactions. PitchBook that the firm has provided service on in the last five years. Target EBITDA: Preferred EDITDA range targeted for investment. Total companies serviced: The number of unique companies the firm has Target revenue: provided service to in the last five years, identified Preferred revenue range targeted for investment. by PitchBook. Preferred investment amount: Total investors serviced: Preferred investment amount range that the firm The number of unique investors identified by typically invests in PitchBook that the firm has provided service to in a transaction. the last five years. Recently closed investments: Target EBITDA: The top five recent investments or transactions The EBITDA range for buy-side and sell-side target serviced identified by PitchBook. companies. Most recent closed fund (Type, Size, Vintage): Target transaction amount: The most recently closed fund (The fund is no The transaction amount range for buy-side and longer in a fundraising state and is not accepting sell-side companies. additional commitments) identified by PitchBook. Evergreen funds are not included. Disclaimer: This information is currently published in the PitchBook Platform or was provided by the firm for this conference.
2 Blue Wolf Capital Partners 4 Proskauer Rose 26
Cain Brothers & Company 5 Ridgemont Equity Partners 27
Capital One Healthcare 6 SFW C apital Partners 28
CITIC Capital 7 Tenex Capital Management 29
Cognizant Technology Solutions 8 The Riverside Company 30
Cortec Group 9 TresVista 31
Dorilton Capital 10 Webster Equity Partners 32
Frazier Healthcare Partners 11 WestView Capital Partners 33
Gauge Capital 12 Winston & Strawn 34
Gemspring Capital 13 Ziegler 35
Great Point Partners 14
Gryphon Investors 15
Hammond, Kennedy, Whitney & Co. 16
Harren Equity Partners 17
Healthcare Private Equity Association 18
JLL Partners 19
Marwood Group 20
Nashville Health Care Council 21
NexPhase Capital 22
Pamlico Capital 23
Pepper Hamilton 24
Plante Moran 25
3 Blue Wolf Capital Partners
Investor type: PE/Buyout | Year founded: 2005
Blue Wolf Capital is a private equity firm founded in Contact Primary contact 2005 and is based in New York, New York. The firm One Liberty Plaza, 52nd Aakash Patel prefers to invest in the infrastructure, aerospace and Floor Principal defense, government, energy, healthcare, mining, and 165 Broadway [email protected] information technology sector. New York, NY 10006 +1 (212) 488-3682 United States +1 (212) 488-1340
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments revenue amount $1.3B 13 49 $50M+ $25M-$250M
Recently closed investments Most recent closed fund
Name Deal type Deal date Blue Wolf Capital Fund IV L.J. Smith Stair Systems Buyout/LBO (Add-on) Nov-2018 Type: Buyout Pearl Technologies Buyout/LBO (Add-on) Sep-2018 Size: $541M Mustang Energy Services Buyout/LBO (Add-on) Jul-2018
Mondi Bags Pine Bluff Buyout/LBO Jun-2018 Vintage: 2018
TGW Holdings Buyout/LBO May-2018
All investments by industry
Forest & Building Products 39.1%
Healthcare 26.1%
Other Business Products and Services (B2B) 34.8%
4 Cain Brothers & Company
Service provider type: Investment Bank | Year founded: 1982
Cain Brothers & Company is a healthcare industry Contact Primary contact focused investment banking firm. The firm's service 277 Park Avenue Stewart Carr areas include mergers and acquisitions, divestitures, 40th Floor Managing Director joint ventures and strategic partnerships, private New York, NY 10172 +1 (212) 981-6954 placements, recapitalization, private equity, corporate United States valuations, fairness opinions and credit restructuring. +1 (212) 869-5600 Cain Brothers & Company also raises capital for tax- exempt healthcare institutions in the public capital markets, primarily the tax-exempt debt market and the bank market and provides support in the application of interest rate management tools. The firm also offers its advice on healthcare real estate transactions, including the sale and development of medical office buildings and related ancillary medical properties. Cain Brothers was founded in 1982 and is based in New York, New York.
General statistics
Total transactions Total companies serviced Total investors serviced (last 5 years) (last 5 years) (last 5 years) 137 100 51
Recently closed transactions
Investor/company serviced Service Deal type Deal date Deal location
Mission Healthcare Foundation Advisor: General Merger/Acquisition Feb-2019 Asheville, NC
Rocky Mountain Dental Services Advisor: General Buyout/LBO Jan-2019 Denver, CO Holdings
Sterling Partners Private Equity Advisor: General Buyout/LBO Jan-2019 Sacramento, CA
Guardian Life Insurance Company of Advisor: General Buyout/LBO Dec-2018 - America
Centerbridge Partners Advisor: General Buyout/LBO Dec-2018 Boston, MA
All transactions by industry
Business Products and Services (B2B) 8.7% Consumer Products and Services (B2C) 3.5% Financial Services 7.8% Healthcare 76.5% Information Technology 3.5%
5 Capital One Healthcare
Service provider type: Lender | Year founded: 2015
Capital One Healthcare specializes in investments and customized solutions that help clients move Contact Primary contact forward and fuel the growth of their organization. 299 Park Avenue Andrew Brode Over the last 10 years, our team has provided New York, NY 10017 Senior Managing Director [email protected] more than $75 billion in financing to companies in United States more than 45 healthcare sectors including senior +1 (646) 231-9760 housing, healthcare services, pharmaceuticals, medical devices, healthcare IT, and medical offices. Committed to building relationships, our team of experts identifies and delivers competitive products to meet client financing objectives. We leverage the power of a top 10 U.S. bank to help clients finance acquisitions, refinance existing debt, support working capital needs and fund growth initiatives. Capital One Healthcare was formed through the acquisition of General Electric's Healthcare Financial Services business by Capital One Financial in December 2015.
General statistics
Total transactions Total companies serviced Total investors serviced Target (last 5 years) (last 5 years) (last 5 years) transaction amount 500+ 250+ 100+ $50-750MM
Recently closed transactions
Investor/company serviced Service Deal type Deal date Deal location
BayMark Health Services Administrative Agent Acquisition March 2018
Kindred Healthcare Joint Lead Arranger & Acquisition July 2018 Bookrunner
AccessOne Administrative Agent, Growth May 2018 Sole Lead Arranger & Bookrunner
AccentCare Administrative Agent Debt Refinancing April 2018
All transactions by industry
Healthcare 100.0%
6 CITIC Capital
Investor type: PE/Buyout | Year founded: 2002
CITIC Capital is a leading global private equity firm with Contact Primary contact $25 billion under management. We leverage our 28/F, CITIC Tower Kenneth Kan significant resources across Asia to drive value creation 1 Tim Mei Avenue, Director, Private Equity for our portfolio companies. Central [email protected] Hong Kong, Hong Kong +1 (212) 419-4269 +852 3710 6888
General statistics
Assets under management Active private equity investments Total private equity investments $25B 81 146
Recently closed investments Most recent closed fund
Name Deal type Deal date CITIC Capital China Partners IV Amoy Food Buyout/LBO Feb-2019 Type: Buyout Trilogy Buyout/LBO Apr-2018 Size: $2.8 B ISI Emerging Markets Buyout/LBO Feb-2018
Axilone Buyout/LBO Jan-2018
Lifestyles / SKYN Buyout/LBO Sep-2017
McDonald’s China Buyout/LBO Jul-2017
All investments by industry
Business Products and Services (B2B) 23.0% Consumer Products and Services (B2C) 28.6% Energy 2.4% Financial Services 5.6% Healthcare 11.9% Information Technology 22.2% Materials and Resources 6.3%
7 Cognizant Technology Solutions
Investor type: Corporation | Year founded: 1994 Contact Primary contact 500 Frank West Burr Karen McLoughlin Cognizant Technology Solutions is an American Boulevard Chief Financial Officer multinational corporation. It provides IT services, Teaneck, NJ 07666 [email protected] including digital, technology, consulting and operations United States services. It specializes in analytics and information +1 (201) 801-0233 management, business process services, intelligent products and services, CRM, SCM, intelligent automation, assurance, application services, enterprise risk and security and business process outsourcing. It was founded in 1944 and is headquartered in Teaneck, New Jersey. It seeks to acquire other companies whose businesses can be integrated into its existing operations.
General statistics
Active private equity investments Total private equity investments 2 60
Recently closed investments
Name Deal type Deal date
SaaSFocus Merger/Acquisition Aug-2018
Hedera Consulting Merger/Acquisition May-2018
Bolder Healthcare Solutions Merger/Acquisition Mar-2018
Netcentric (Commercial Services) Merger/Acquisition Nov-2017
Zone Merger/Acquisition Oct-2017
All investments by industry
Business Products and Services (B2B) 47.5% Consumer Products and Services (B2C) 7.5% Financial Services 2.5% Healthcare 7.5% Information Technology 35.0%
8 Cortec Group
Investor type: PE/Buyout | Year founded: 1984
Cortec Group is a middle market private equity firm Contact Primary contact that focuses on investing in founder or management- 140 East 45th Street Jeffrey Shannon owned businesses operating in the healthcare products 43rd Floor Partner and services, B2B and B2C value-added products, and New York, NY 10017 [email protected] +1 (212) 916-0162 specialty services (eComm, distribution and business United States services) sectors. It was founded in 1984 and is based in +1 (212) 370-5600 New York, New York.
General statistics
Assets under Active platform private Total platform private Target Target management equity investments equity investments revenue EBITDA $1.6B 11 46 $40M-$300M $7M-$35M
Recently closed platform investments Most recent closed fund
Name Deal type Deal date Cortec Group Fund VI Window Nation Buyout/LBO Jan-2018 Type: Buyout Groome Transportation Buyout/LBO Jan-2018 Size: $1.1B EVP EyeCare Buyout/LBO Dec-2016
Chauvet Buyout/LBO Mar-2016
CVR Buyout/LBO Jan-2016
All investments by industry*
Healthcare Products & Services 33.3% B2B and B2C Value-Added Products 33.3% Specialty Services 33.3%
9 Dorilton Capital
Investor type: Family Office | Year founded: 2009
Dorilton Capital is a private investment firm that makes Contact Primary contact private equity and growth equity investments. The firm 32 Avenue of the Brian Talbott seeks to invest in the industrial services, testing and Americas Business Development Associate inspection, home health care and health care services 17th Floor [email protected] sectors. It was founded in 2009 and is based in New New York, NY 10013 +1 (856) 630-1760 York, New York. United States +1 (212) 929-0358
General statistics
Target Active private equity investments Total private equity investments EBITDA 8 30+ $2M-$25M
Recently closed investments
Name Deal type Deal date
Hospice Connection Buyout/LBO (Add-on) Feb-2019
MEI Rigging and Crating Buyout/LBO (Platform) Feb-2019
L-K Industries Buyout/LBO (Secondary) Jan-2019
Cooling Tower Resources (Baytown Division) Buyout/LBO (Add-on) Nov-2018
Maintenance & Turnaround Resources Buyout/LBO (Add-on) Nov-2018
10 Frazier Healthcare Partners
Investor type: Venture Capital | Year founded: 1991
Frazier Healthcare Partners is a private equity firm Contact Primary contact based in Seattle, Washington. The firm focuses on Two Union Square, 601 Nathan Every investing in companies operating in the Union Street General Partner, Growth Buyout pharmaceutical, healthcare services, medical products Suite 3200 [email protected] and biotechnology sectors. Seattle, WA 98101 +1 (206) 621-7200 United States +1 (206) 621-7200
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $4.2B 49 182 $20M $5M-$30M $20M-$50M
Recently closed investments Most recent closed fund
Name Deal type Deal date Frazier Healthcare Growth
Atlanta Gastroenterology Associates Buyout/LBO (Add-on) Dec-2018 Buyout Fund IX
Parata Systems Buyout/LBO (Add-on) Dec-2018 Type: Buyout Sojournix Later Stage VC (Series Nov-2018 Size: $782M C)
Mirum Pharmaceuticals Early Stage VC (Series A) Nov-2018 Vintage: 2018
Krystal Biotech PIPE Oct-2018
All investments by industry
Business Products and Services (B2B) 9.0% Consumer Products and Services (B2C) 3.8% Healthcare 79.5% Information Technology 1.3% Materials and Resources 6.4%
11 Gauge Capital
Investor type: PE/Buyout | Year founded: 2013
Gauge Capital is an investment firm that partners with Contact Primary contact owners, managers and equity stakeholders of 1256 Main Street Andrew Peix successful middle-market companies to maximize their Suite 256 Principal & Director of Business Development potential. The firm's primary aim is long-term, Southlake, TX 76092 [email protected] sustainable value creation through transformational United States +1 (682) 334-5781 change as well as organic and strategically acquired +1 (682) 334-5800 growth. It's industry focus includes: technology, Industrial & business services, healthcare services and food & consumer services.
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments EBITDA amount $750M 12 31 $5M-$40M $20M-$100M
Recently closed investments Most recent closed fund
Name Deal type Deal date Gauge Capital II TVC Enterprises Buyout/LBO (MBO) Jan-2019 Type: Buyout Pediatric Dental Providers PE Growth/Expansion Sep-2018 Size: $500M American Nuts Buyout/LBO Apr-2018
Comprehensive EyeCare Partners Buyout/LBO Feb-2018 Vintage: 2017
New Eyes (Nevada) PE Growth/Expansion Feb-2018
All investments by industry
Business Products and Services (B2B) 22.2% Consumer Products and Services (B2C) 29.6% Financial Services 3.7% Healthcare 18.5% Information Technology 11.1% Materials and Resources 14.8%
12 Gemspring Capital
Investor type: PE/Buyout | Year founded: 2015
Gemspring Capital is a private equity firm specializing in Contact Primary contact lower middle market companies. 54 Wilton Road Matthew Shuman Westport, CT 06880 Director of Business Development [email protected] United States +1 (203) 518-5312 +1 (203) 842-8886
General statistics
Target Assets under management Active private equity investments Total private equity investments revenue $355M 6 7 $25M-$350M
Recently closed investments Most recent closed fund
Name Deal type Deal date Gemspring Capital Fund I Yearout Mechanical Buyout/LBO (Add-on) Dec-2018 Type: Buyout Bobit Business Media Buyout/LBO Nov-2018 Size: $355M Fiesta Insurance Franchise Buyout/LBO Oct-2018
A10 Capital Buyout/LBO May-2018 Vintage: 2016 (Secondary)
TMP Worldwide Advertising & Buyout/LBO (MBO) Apr-2018 Communications
All investments by industry
Business Products and Services (B2B) 44.4% Consumer Products and Services (B2C) 11.1% Financial Services 33.3% Healthcare 11.1%
13 Great Point Partners
Investor type: PE/Buyout | Year founded: 2003
Great Point Partners is a private equity firm which Contact Primary contact specializes in PIPE, growth capital and leveraged 165 Mason Street Adam Dolder buyouts transactions. It prefers to invest in companies 3rd Floor Managing Director & Head of Private Equity [email protected] based in the United States, Canada, and Western Greenwich, CT 06830 +1 (203) 971-3300 Europe operating in the consumer, generic drugs, United States health care, information technology, diagnostics, +1 (203) 971-3300 medical devices and biotechnology sectors. The firm was founded in 2003 and is based in Greenwich, Connecticut.
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $331M 23 133 $10M-$100M $2M-$12M $7M-$50M
Recently closed investments Most recent closed fund
Name Deal type Deal date Great Point Partners II Spine & Sport Physical Therapy (San PE Growth/Expansion Dec-2018 Type: Buyout Diego)
DataWing Software Buyout/LBO (Add-on) Oct-2018 Size: $215M Masthercell PE Growth/Expansion Jun-2018 Vintage: 2013 Zebu Compliance Solutions Buyout/LBO (Add-on) Jun-2018
Cold Tech Systems Buyout/LBO (Add-on) May-2018
All investments by industry
Business Products and Services (B2B) 14.1% Consumer Products and Services (B2C) 1.3% Healthcare 71.8% Information Technology 7.7% Materials and Resources 5.1%
14 Gryphon Investors
Investor type: PE/Buyout | Year founded: 1995
Gryphon Investors is a private equity firm which was established in 1995 and is headquartered in San Contact Primary contact Francisco, California. The firm specializes in buyouts, One Maritime Plaza Vincent Carey Principal leveraged build ups, leveraged acquisitions, bridge and Suite 2300 [email protected] San Francisco, CA 94111 growth capital investments in middle market +1 (415) 217-7423 companies. It seeks to invest in companies operating in United States +1 (415) 217-7400 the business services, environmental services, insurance services, niche manufacturing, transportation, logistics, consumer products and services, healthcare, specialty retail and industrial growth sectors.
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments revenue amount $4.5B 16 134 $100M-$500M $50M-$200M
Recently closed investments Most recent closed fund
Name Deal type Deal date Gryphon Mezzanine Partners RoC Buyout/LBO Jan-2019 Type: Mezzanine PetroChem Recovery Services Buyout/LBO (Add-on) Jan-2019 Size: $103M DecisionOne Dental Partners Buyout/LBO (Add-on) Jan-2019
Environmental Management Buyout/LBO (Add-on) Dec-2018 Vintage: 2017 Specialists
Nolan Transportation Group Buyout/LBO (Add-on) Dec-2018
All investments by industry
Business Products and Services (B2B) 44.3% Consumer Products and Services (B2C) 8.9% Financial Services 6.3% Healthcare 35.4% Information Technology 3.8% Materials and Resources 1.3%
15 Hammond, Kennedy, Whitney & Company
Investor type: PE/Buyout | Year founded: 1903 Contact Primary contact 8888 Keystone Crossing Ryan Supple Hammond, Kennedy, Whitney & Company is a private Suite 600 Vice President, Deal Generation equity firm which primarily invests in privately owned [email protected] Indianapolis, IN 46240 +1 (317) 428-1944 businesses and subsidiaries or divisions of public United States companies. The firm also specializes in the +1 (212) 867-1010 management buy-outs, industry consolidations, corporate divestitures, ownership liquidity situations, recapitalization, expansion and growth equity investments in companies based in North America. HKW was founded in 1903 and is based in Indianapolis, Indiana.
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $574M 13 98 $20M-$200M $5M-$30M $10M-$45M
Recently closed investments Most recent closed fund
Name Deal type Deal date HKW Capital Partners IV Fresh Direct Produce Buyout/LBO Dec-2018 Type: Buyout Urban Armor Gear Buyout/LBO Aug-2018 Size: $319M Indigo Wild Buyout/LBO Aug-2018
MB3 Buyout/LBO (Add-on) Jul-2018 Vintage: 2012
Spector Logistics Buyout/LBO (Add-on) Apr-2018
All investments by industry
Business Products and Services (B2B) 39.0% Consumer Products and Services (B2C) 24.4% Energy 4.9% Financial Services 2.4% Healthcare 9.8% Information Technology 19.5%
16 Harren Equity Partners
Investor type: PE/Buyout | Year founded: 2000
Harren Equity Partners is a private equity firm providing Contact Primary contact capital for management buyouts, buildups, The Gleason Building C. Taylor Cole, Jr. recapitalizations, and other private equity transactions. 200 Garrett Street, Suite F Partner [email protected] The firm focuses on investing in companies operating in Charlottesville, VA 22902 +1 (434) 245-5800 the following industry segments: healthcare services, United States business services, consumer products and services, +1 (434) 245-5800 general industrial, building products, aerospace and defense, and specialty distribution. Current add-on searches within the healthcare services portfolio include in-home and community-based behavioral health services, nurse and allied health staffing services and sleep diagnostic management services. The firm was founded in 2000 and is based in Charlottesville, Virginia with an additional office in Fort Lauderdale, Florida.
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $300M 14 47 $20M-$200M $5M-$30M $15M-$40M
Recently closed investments Most recent closed fund
Name Deal type Deal date Harren Investors III Alliance Ground International Buyout/LBO Jan-2018 Type: Buyout Health Connect America Buyout/LBO Nov-2017 Size: $275M MedPro Healthcare Staffing Buyout/LBO Dec-2016
RBC Tile & Stone Buyout/LBO (Add-on) Oct-2016
Shrimp Basket Buyout/LBO Aug-2016
All investments by industry
Business Products and Services (B2B) 50.0% Consumer Products and Services (B2C) 28.6% Energy 7.1% Healthcare 14.3%
17 Healthcare Private Equity
Association
Year founded: 2010 Contact Primary contact 58 Marked Tree Road Karen J. Kajmo The Healthcare Private Equity Association (HCPEA) is an Needham, MA 02492 Executive Director [email protected] association of private equity firms committed to building United States Phone: +1 (617) 901-0744 strong, successful healthcare companies. Phone: +1 (347) 542-7329
Our members are passionate about healthcare. Along with capital, they bring industry knowledge, broad networks, and deep expertise that help companies grow, create jobs, and deliver high-quality healthcare to many more people. Collectively, HCPEA member firms have over $2 trillion AUM and have started 1500+ healthcare businesses.
As the definitive resource for healthcare private equity investing, HCPEA unites its members through professional development, events, and networking.
18 JLL Partners
Investor type: PE/Buyout | Year founded: 1988
JLL Partners is a private equity firm that seeks value- Contact Primary Contact oriented, control investments in middle market 245 Park Avenue Johanna Doherty companies that can be fundamentally transformed Suite 1601 Principal, Investor Relations [email protected] during JLL’s ownership. JLL focuses on executing discrete New York, NY 10167 +1 (212) 210-9390 investment themes across the healthcare, industrials United States and business services sectors. The firm was founded in +1 (212) 286-8600 1988 and is based in New York City.
General statistics
Equity Invested Active private equity Total private equity deals Target Preferred Investment since Inception investments in Last Three Funds1 EBITDA Amount $5.3B 14 185+ $10M-$50M $75M-$200M
Recently closed investments Most recent closed fund
Name Deal type Deal date JLL Partners Fund VII Esquify Buyout/LBO (Add-on) Nov-2018 Type: Buyout Cato Research Buyout/LBO Nov-2018
Seeker Health Buyout/LBO (Add-on) Oct-2018 Size: $1B Eversana Buyout / Platform Creation Mar-2018 Vintage: 2015 Secretariat International Buyout/LBO Feb-2018
Investments by Industry across Last Three Funds2
Healthcare 37.0%
Industrials 30.0%
Business Services 33.0%
1 Represents investments made in JLL Partners Funds V – VII including 24 platform deals and over 160 add-on acquisitions. 2 Based on invested capital across Funds V – VII, as of September 30, 2018.
19 Marwood Group
Service provider type: Financing Advisory | Year founded: 2000
Marwood Group is a market leader for healthcare Contact Primary contact strategic advisory and diligence services. The firm offers 733 Third Avenue Lee Alvarez services in the areas of regulatory and reimbursement 11th Floor Senior Managing Director [email protected] outlook, strategic advisory, market research, clinical New York, NY 10017 +1 (212) 532-3651 compliance and institutional research. United States +1 (212) 532-3651
General statistics
Total investors serviced Total research notes published Total transactions serviced (last 5 years) (last 2 years) (last 5 years) 500+ 600+ 1,000+
All transactions by industry
Healthcare 100.0%
20 Nashville Health Care Council
Investor type: Other | Year founded: 1995 Contact Primary contact 211 Commerce Street David Greider The Nashville Health Care Council is an association of Suite 100 Vice President, Member Services health care industry leaders based in Nashville, [email protected] Nashville, TN 37201 Tennessee. Established in 1995, the Council inspires +1 (615) 743-3143 United States global collaboration to improve health care by serving +1 (615) 743-3140 as a catalyst for leadership and innovation. The Council's membership includes hospital management, outpatient services, population health, behavioral health, senior living, pharmaceutical services, academic medicine, health information technology and professional services firms.
General statistics
Corporate Members New Member Companies Annual Events Total Event Attendees (2017-2018) 297 56 75+ 7,400+
21 NexPhase Capital
Investor type: PE/Buyout | Year founded: 2007
NexPhase Capital is an operationally focused private Contact Primary contact equity firm targeting entrepreneur-owned, lower 600 Lexington Avenue Lex Leeming middle market companies. It prefers to invest in the 12th Floor Partner & Head of Business Development healthcare, software and services, and consumer New York, NY 10022 [email protected] sectors. The firm is based in New York, New York and United States +1 (212) 878-6005 was founded in 2007. +1 (212) 878-6000
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments EBITDA amount $1.2B 17 29 $5M-$30M $25M-$75M
Recently closed investments Most recent closed fund
Name Deal type Deal date NexPhase Capital Fund III Action Behavior Centers PE Growth/Expansion Oct-2018 Type: Buyout Signature Performance Buyout/LBO (Add-on) Aug-2018 Size: $361M Synergy HomeCare Buyout/LBO Apr-2018
Brandt Information Services Buyout/LBO Mar-2018 Vintage: 2016
Clearway Pain Solutions Institute Buyout/LBO Feb-2018
All investments by industry
Business Products and Services (B2B) 28.0% Consumer Products and Services (B2C) 6.0% Financial Services 6.0% Healthcare 36.0% Information Technology 24.0%
22 Pamlico Capital
Investor type: PE/Buyout | Year founded: 1988
Pamlico Capital is a private equity firm founded in 1988 Contact Primary contact that invests in lower middle market companies in North 150 North College Street Gillian Davis America. Pamlico Capital seeks control-oriented growth Suite 2400 Vice President, Business Development [email protected] equity investments of up to $125 million alongside Charlotte, NC 28202 +1 (704) 414-7126 proven management teams in its target industries: United States business & technology services, communications, and +1 (704) 414-7150 healthcare. Since inception, the firm, based in Charlotte, North Carolina, has invested over $3 billion.
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments revenue amount >$2B 20 >260 $10M-$150M $25M-$125M
Recently closed investments Most recent closed fund
Name Deal type Deal date Pamlico Capital IV The Roberts Group (TRG) Buyout/LBO Nov-2018 Type: Buyout (Secondary)
Personify (Austin) Buyout/LBO Sep-2018 Size: $925M Airwavz Solutions PE Growth/Expansion Aug-2018 Vintage: 2016 JAG-ONE Physical Therapy Buyout/LBO Jul-2018
23 Pepper Hamilton
Service provider type: Law Firm | Year founded: 1890
Established in 1890, Pepper Hamilton is a national law Contact Primary contact firm with 13 offices across the United States. The firm's 3000 Two Logan Square John W. Jones, Jr. practice areas include business services, government Eighteenth and Arch Partner regulation, health sciences, intellectual property and Streets [email protected] litigation. Pepper advises clients on all types of Philadelphia, PA 19103 +1 (215) 981-4706 transactions including mergers and acquisitions, joint United States ventures and partnering arrangements, restructurings +1 (215) 981-4000 and reorganizations, and public and private securities offerings, venture capital and other financing transactions.
General statistics
Total transactions Total companies serviced Total investors serviced Target Target (last 5 years) (last 5 years) (last 5 years) EBITDA transaction amount 184 89 82 $3M $25M-$100M
Recently closed transactions
Investor/company serviced Service Deal type Deal date Deal location
GameStop Legal Advisor Merger/Acquisition Jan-2019 Salt Lake City, UT
Lakewood Capital Legal Advisor Buyout/LBO Nov-2018 Cary, NC
Corporate Property Associates 17 - Legal Advisor Merger/Acquisition Oct-2018 New York, NY Global
Farm Jenny Legal Advisor Angel (individual) Oct-2018 Mars, PA
UniTek Global Services Legal Advisor Buyout/LBO Oct-2018 Brookhaven, MS
All transactions by industry
Business Products and Services (B2B) 24.6% Consumer Products and Services (B2C) 14.1% Energy 1.4% Financial Services 12.7% Healthcare 16.9% Information Technology 27.5% Materials and Resources 2.8%
24 Plante Moran
Service provider type: Accounting/Auditor | Year founded: 1924
Plante Moran is among the nation’s largest accounting, Contact Primary contact tax, and management consulting firms with 3,100 27400 Northwestern Paul Flanagan professionals in 26 offices. Serving more than 1,525 Highway Partner private equity firms and portfolio clients nationwide, Southfield, MI 48034 [email protected] we provide financial, tax, transaction, strategy, United States +1 (877) 622-2257 x33550 operations, and technology expertise through the +1 (248) 352-2500 investment life cycle. From helping strategically evaluate and efficiently close transactions, to mapping out a value-creation plan and helping get the most value at exit, deliver flexible solutions based on your distinct needs. Our multidisciplinary team includes more than 380 private equity professionals who specialize in a wide variety of industries including manufacturing, distribution, food and beverage, retail, technology, and health care.
General statistics
Total transactions Total companies serviced Total investors serviced (last 5 years) (last 5 years) (last 5 years) 16 18 27
All transactions by industry
Business Products and Services (B2B) 14.3% Consumer Products and Services (B2C) 42.9% Financial Services 42.9%
25 Proskauer Rose
Service provider type: Law Firm | Year founded: 1875
Proskauer Rose is a law firm headquartered in New Contact Primary contact York, New York. The firm's practice areas include Eleven Times Square Bruce Lieb mergers and acquisitions, private equity, litigation, Eighth Avenue & 41st Managing Partner bankruptcy, initial public offerings and restructuring. Street [email protected] Proskauer represents clients in a wide range of New York, NY 10036 +1 (212) 969-3320 industries including real estate, life sciences, United States entertainment, automotive, healthcare, manufacturing, +1 (212) 969-3000 media and retail. The firm assists multinational corporations, not-for-profit institutions, individuals, public and private companies, medium and small-cap companies and financial institutions.
General statistics
Total transactions Total companies serviced Total investors serviced (last 5 years) (last 5 years) (last 5 years) 486 176 271
Recently closed transactions
Investor/company serviced Service Deal type Deal date Deal location
Investcorp Technology Partners Legal Advisor Buyout/LBO Jan-2019 -, United Kingdom
Comtech Telecommunications Legal Advisor Merger/Acquisition Jan-2019 Westchester, IL
Moelis & Company Legal Advisor Reverse Merger Jan-2019 Minneapolis, MN
EnerMech Legal Advisor Buyout/LBO Dec-2018 Aberdeen, United Kingdom
Finantix Legal Advisor Buyout/LBO Dec-2018 Venezia, Italy
All transactions by industry
Business Products and Services (B2B) 18.4% Consumer Products and Services (B2C) 23.0% Energy 1.6% Financial Services 31.1% Healthcare 14.3% Information Technology 11.1% Materials and Resources 0.4%
26 Ridgemont Equity Partners
Investor type: PE/Buyout | Year founded: 1993
Ridgemont Equity Partners is a middle market private Contact Primary contact equity firm that has provided over $4 billion of buyout 150 North College Street Kelly Lineberger and growth capital to private companies and new Suite 2500 Principal [email protected] business platforms since 1993. The firm prefers to Charlotte, NC 28202 invest in the business and industrial services, energy, United States healthcare and tech and telecom sectors. The firm is +1 (704) 944-0914 based in Charlotte, North Carolina.
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments EBITDA amount $3.5B 26 145 $5M-$50M up to $250M
Select investments Current flagship fund
Name Deal type Deal date Ridgemont Equity Partners III Allied 100 Buyout/LBO Dec-2014 Type: Buyout HemaSource Buyout/LBO Jul-2017 Size: $1.65B Ophthalmic Specialists of Michigan PE Growth/Expansion Aug-2018
Perimeter Healthcare Buyout/LBO Sep-2016
27 SFW Capital Partners
Investor type: PE/Buyout | Year founded: 2007
SFW Capital Partners is a private equity investment firm Contact Primary contact that prefers to invest in the analytical tools, 22 Elm Place Andrew Cialino instrumentation, information, software and outsourced Rye, NY 10580 Vice President and Head of Business Development technology-enabled service sectors. It is based in Rye, United States [email protected] New York and was founded in 2007. +1 (914) 510-8910
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments EBITDA amount $650M 6 20 $2M-$25M $10M-$75M
Recently closed investments Most recent closed fund
Name Deal type Deal date SFW Capital Partners Fund II PupKeep Buyout/LBO (Add-on) Jan-2019 Type: Buyout Kuvana Buyout/LBO (Add-on) Dec-2018 Size: $345M Swiftpage ACT! Buyout/LBO May-2018
Devada PE Growth/Expansion Oct-2017
DaySmart Software Buyout/LBO Sep-2016
All investments by industry
Business Products and Services (B2B) 27.3% Consumer Products and Services (B2C) 9.1% Healthcare 9.1% Information Technology 54.5%
28 Tenex Capital Management
Investor type: PE/Buyout | Year founded: 1999
Tenex Capital Management is a private equity Contact Primary contacts investment firm that invests in middle-market 60 East 42 Street Stephens Johnson Kevin Doyle companies. The firm specializes in buyouts, Suite 5230 Director, BD & IR Director, BD [email protected] turnarounds, divestitures, strategic spin-offs, New York, NY 10165 [email protected] +1 (212) 457-1138 recapitalizations, financial restructuring, public-to- United States +1 (646) 736-0467 privates and carveout investments. It was founded in +1 (212) 457-1138 1999 and is based in New York, New York.
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $1.267B 16 69 $10M-$500M $5M-$30M $25M-$100M
Recently closed investments Most recent closed fund
Name Deal type Deal date Tenex Capital Partners II Halco Lubricants Buyout/LBO (Add-on) Dec-2018 Type: Buyout Amerisource Industrial Supply Buyout/LBO (Add-on) Nov-2018 Size: $814M Smile Design Dentistry Buyout/LBO Oct-2018
Bobé Water & Fire Buyout/LBO (Add-on) Sep-2018 Vintage: 2016
BeneSys Buyout/LBO Sep-2018 (Secondary)
All investments by industry
Healthcare 25.0% Specialty Distribution 25.0% Business Services 18.8% Building Products 18.8% Rental 6.3% Energy 6.3%
29 The Riverside Company
Investor type: PE/Buyout | Year founded: 1988
The Riverside Company is a private equity firm focused Contact Primary contact firm focused on making control and non-control 45 Rockefeller Center, Robert Landis investments in growing businesses. It seeks to invest in 630 Fifth Avenue Co-Founding Partner the healthcare, business services, education and Suite 400 [email protected] training, software and information technology, New York, NY 10111 +1 (212) 265-6408 franchising, consumer brands, specialty manufacturing United States and distribution sectors. The firm was founded in 1988 +1 (212) 265-6575 and is based in New York, New York.
General statistics
Assets under Active private equity Total private equity Target Target Preferred management investments investments revenue EBITDA Investment amount $8.4B 85 551 $5M-$400M $0M-$40M $3M-$200M
Recently closed investments Most recent closed fund
Name Deal type Deal date Riverside Micro-Cap Fund V EMS Safety Services Buyout/LBO (Add-on) Jan-2019 Type: Buyout Kimberly-Clark (Wilson Brand) Buyout/LBO Dec-2018 Size: $1.4B Jackson Products Buyout/LBO (Add-on) Dec-2018
Complete Dental Care Buyout/LBO (Add-on) Nov-2018 Vintage: 2018
Atlas Knowledge Buyout/LBO Nov-2018 (Secondary)
All investments by industry
Business Products and Services (B2B) 41.5% Consumer Products and Services (B2C) 18.5% Energy 0.7% Financial Services 3.6% Healthcare 13.8% Information Technology 18.9% Materials and Resources 2.9%
30 TresVista
Service provider type: Financing Advisory | Year founded: 2006
Founded in 2006, TresVista is the leading provider of Contact Primary contact high-end outsourced support for asset managers, Tower 49, 18-102, Amir Jairazbhoy investment banks, research firms, and corporates. 12 East 49th Street, Vice President [email protected] TresVista delivers operational efficiencies and cost New York, NY 10017 savings to clients while providing them with dedicated +1-(917)-698-1248 teams to support across functions. Supported functions include investor relations, deal sourcing, deal execution, data analytics, valuation, research, financial modeling, portfolio management, marketing, design, fund administration and book-keeping.
31 Webster Equity Partners
Investor type: Private Equity | Year founded: 2003
Profile Webster Equity Partners is a private equity firm that helps companies unlock their potential. Webster focuses on branded Contact Primary contact consumer and healthcare services companies with EBITDA between 1000 Winter Street Daniel Schultz $3 million and $20 million. Webster Equity Partners provides equity Waltham, MA 02451 Vice President of Business Development financing, expertise and a broad contact network for management 781-419-1515 781-419-1511 buyouts and growth capital. Our seasoned partners have extensive www.websterequitypartners.com [email protected] investing and operating experience in consumer and healthcare services honed through many years working with middle market companies. Webster has raised $1.8 billion of capital and is currently investing Fund IV, an $875 million fund raised in 2018.
General statistics
Assets under management Active private equity investments Total private equity investments Preferred Investment amount $20mm - $1.76bb1 21 34 $60mm
Select recently closed investments Most recent closed fund
Name Deal type Deal date Webster IV PM&R Physician Practice Buyout 1/19 Type: Buyout/Growth Sundance Holdings Group Buyout 11/18 Size: $875mm2 Ambrosia Treatment Center Add-on 11/18
Home Health Provider Buyout 10/18
Orthofeet Buyout 10/18
For a complete list of current and former portfolio companies, please visit www.webstercapital.com
Investment Sector Focus
Consumer
Healthcare Services
1 Regulatory assets under management as of June 30, 2018 2 Committed capital as of close
32 WestView Capital Partners
Investor type: PE/Buyout | Year founded: 2004
WestView Capital Partners is a private equity firm that Contact Primary contact focuses on investment in the lower middle-market 125 High Street Kevin Twomey companies. The firm prefers to invest in companies High Street Tower, 26th Vice President operating in the business service, software and Floor [email protected] information technology service, consumer, healthcare Boston, MA 02110 +1 (617) 261-2058 technology, outsourcing and growth industrial sectors. United States It was founded in 2004 and is based in Boston, +1 (617) 261-2050 Massachusetts.
General statistics
Assets under Active private equity Total private equity Target Preferred Investment management investments investments EBITDA amount $1.8B 21 95 $3M-$20M $10M-$60M
Recently closed investments Most recent closed fund
Name Deal type Deal date WestView Capital Partners IV Bell and Howell Buyout/LBO Dec-2018 Type: Buyout (Secondary)
Hedgepoint Solutions Buyout/LBO (Add-on) Nov-2018 Size: $700M Theory of Mind Buyout/LBO (Add-on) Oct-2018 Vintage: 2017 The Phia Group PE Growth/Expansion Sep-2018
ClearPointe Buyout/LBO (Add-on) Sep-2018
All investments by industry
Business Products and Services (B2B) 39.7% Consumer Products and Services (B2C) 5.9% Financial Services 4.4% Healthcare 16.2% Information Technology 32.4% Materials and Resources 1.5%
33 Winston & Strawn
Service provider type: Law Firm | Year founded: 1853
Winston & Strawn is a Chicago, Illinois-based full- Contact Primary contact service law firm providing legal advisory services to 35 West Wacker Drive Oscar David multinational corporations and technology companies. Chicago, IL 60601 Partner & Chairman of Merger and Acquisitions Winston & Strawn provides services in the areas of United States [email protected] litigation, antitrust and trade regulation, contracts, +1 (312) 558-5600 +1 (312) 558-5745 employee benefits and environmental law. The firm caters to the energy, information technology, construction, healthcare, transportation, maritime and admiralty industries.
General statistics
Total transactions Total companies serviced Total investors serviced Target (last 5 years) (last 5 years) (last 5 years) transaction amount 389 199 133 $75M
Recently closed transactions
Investor/company serviced Service Deal type Deal date Deal location
Century Park Capital Partners Legal Advisor Buyout/LBO Jan-2019 Tallahassee, FL
Danfoss Power Solutions Legal Advisor Merger/Acquisition Jan-2019 Longmont, CO
Waitr Legal Advisor Merger/Acquisition Jan-2019 Minneapolis, MN
Gladson Holdings Legal Advisor Buyout/LBO Jan-2019 Chicago, IL kV Power Legal Advisor PE Growth/Expansion Dec-2018 Andrews, TX
All transactions by industry
Business Products and Services (B2B) 32.3% Consumer Products and Services (B2C) 17.1% Energy 9.2% Financial Services 13.8% Healthcare 11.1% Information Technology 12.9% Materials and Resources 3.7%
34 Ziegler
Investor type: Investment Bank | Year founded: 1902
Contact Primary contact Ziegler is a privately held, national boutique investment One North Wacker Drive David Kolzow bank, capital markets and proprietary investments firm. Suite 2000 Managing Director & Chief Administrative Officer We have a unique focus on healthcare, senior living and Chicago, IL 60606 [email protected] education sectors, as well as general municipal and United States +1 (312) 596-1542 structured finance. Headquartered in Chicago with +1 (800) 366-8899 regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, strategic advisory services, fixed income sales & trading and research.
General statistics
Sponsored Funds Committed Capital of Sponsored Funds Total Privately Invested 19 $300M+ $22M+
Recently closed investments Most recent closed fund
Ziegler invests in private companies and funds, and sponsors private equity funds in growth- oriented, middle market companies through its proprietary investments and fund management Ziegler Link-Age Fund II group. Ziegler invests in targeted sectors within the healthcare, senior living and education sectors. Type: Venture Capital Size: $37M
All investments by industry
Healthcare 71.4% Information Technology 28.6%
35