Fund # 805-3890819000: CIK # 0001685289: Sale: 2016-09-30 ($300.0 MM Offered, $300.0 MM Sold) Fund If you would like to customise your choices, click 'Manage privacy settings'. The market offers attractive growth opportunities, both organically driven by underlying patient-critical demand, and inorganically through a generally high M&A activity as a result of the continued consolidation in the pharmaceutical industry. People Varsity Healthcare Partners promotes three to VP Feldman, Santos and Sloss joined VHP as associates in 2018. We thrive when faced with complex transformation challenges. Don't have an account? This website uses cookies to improve your experience while you navigate through the website. Varsity Healthcare Partners' Probo Medical gears up for sale, Veritas Once an investment is completed, the real work begins. Startups in portfolio, categories and investment locations. Drive operational improvements including increasing gross margin through CMO and logistics consolidation, as well as driving operating leverage while strengthening Karo Healthcare's organization and capabilities. Our strategy is to invest in companies with great potential for long-term, profitable growth. 5 Operating model and governance. Our approach is predicated on a commitment to unconditional alignment and transparency with all stakeholders - founders, management teams, employees and investors. Read more about our employees and their experience. it's been delivered there. It also provides guidance in our vision to influence the general . But we know this much: no one can do this alone. All rights reserved. Iris Dorbian - 25 July 2022 Feldman and Sloss are based in LA while Santos. Robert McElherne - Operating Partner, Data Science - LinkedIn We believe that previous owners are goldmines of experience. STAMFORD, Conn. & LOS ANGELES--(BUSINESS WIRE)--Varsity Healthcare Partners (VHP), a healthcare-focused private equity firm, announced today that Steven Boyd, former CEO of Evolution Health. We believe that our openness and the responsibility we assume for the communities in which we operate will ensure our long-term success. Varsity Healthcare Partners promotes three to VP | PE Hub Naturally, this entails the additional responsibility of helping develop the sector to the benefit of both our companies and society in general. Our investors are among the most sophisticated institutional investors and investment managers in the world. Copyright 2019, VSS. What we refer to as our community of challengers and change-makers. We are an investment company with an approach based on the premise that we must invest and drive development so as to produce a lasting, positive effect on the future of our investee companies, society at large and ourselves. About Impilo - Impilo CalPERS Portfolio: NYSCRF Portfolio: Latest Filings: User Guide: Regulatory AUM vs AUM: LP Portfolios: Related Firms: Build a Portfolio: Comprehensive Search . Looking at the years ahead, we see that the speed of change will only accelerate; companies old and new will seek to resolve urgent global challenges such as climate change, resource scarcity and an aging population. Increase share of OTC in the overall portfolio. We use cookies to enhance your user experience on our website and provide more personal features. Jonathan D. Morris Partner Jonathan D. Morris has more than 20 years of experience representing clients on mergers and acquisitions, equity investments, and joint ventures across various industries. Market trends and drivers. We have gradually shifted our operating model towards a cross-office sector focus to maximize the build-up of knowledge and our contributions to each situation. Entrepreneurs at heart. We are selective but at times also contrarian in our investments. Probo Medical, a portfolio company of Varsity Healthcare Partners, announced the close of its sale to Avista Capital Partners. Insight, insight, insight. Portfolio 14 Exits 3 General Information Description Founded in 2012, Varsity Healthcare Partners is a private equity firm and is headquartered in Los Angeles, California. Varsity Healthcare Partners completes sale of Probo Medical - KeyBank If it wouldn't have been for Altor - we would probably all have been entrepreneurs. As an investment company, our long-term approach is one of our defining characteristics. Then external Board members are appointed, with the just-right background and vision to match the opportunities ahead. We support exceptional management teams, working side by side to maximize long-term value & ensure the success of our portfolio companies. has divested its direct client bill business to, Coordinating Lead ArrangerAdministrative AgentCollateral Agent, has sold an 81.5 MW operating wind portfolio in Maine to, Orbach Affordable Housing Solutions Portfolio, Left Lead ArrangerJoint BookrunnerAdministrative Agent, Joint Lead ArrangerJoint BookrunnerCo-Syndication Agent, Coordinating Lead ArrangerAdministrative AgentCollateral AgentDepository BankJoint Bookrunner, Administrative AgentCoordinating Lead ArrangerSole Bookrunner, Joint Lead ArrangerAdministrative AgentDepository Bank, Issuing BankJoint Lead ArrangerJoint BookrunnerCo-Syndication Agent, hill-country-memorial-methodist-healthcare, orbach-affordable-housing-solutions-portfolio, jamul-indian-village-development-corporation, starling-physicians-acquired-by-villagemd. Investment Advisory Services are offered through VSS Fund Management, LLC, a Registered Founded in 2005, Avista Capital is a leading New York-based private equity firm with nearly $8 billion invested in more than 40 growth-oriented healthcare businesses globally. We invest in a healthy future. September 20-21, 2023 Parc 55, San Francisco, Get limited access to our industry news, analysis and data, plus regular email updates. We are excited to announce that we have secured an investment from Varsity . Be sustainable in all we do. Its acquisition of DineInFresh (doing business as Plated)*. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. The cookies is used to store the user consent for the cookies in the category "Necessary". To win in the long run, a company must be willing to redefine its industry, and with an ambition like that, partnerships are essential. VSS Jonathan D. Morris - Our Lawyers and Professionals | Morgan Lewis Continuing our tradition of building great businesses in deep partnerships, we have already made a handful of exciting investments in companies that can accelerate the green transition and redefine the industry landscape. Our investors originate mainly from the Nordic countries and the US. This helps Altor scale itself for new challenges but just as importantly, it gives Altor sufficient capital to help the portfolio companies to scale. But it takes exceptional people to lead and support extraordinary companies. VHPs unique tactical investment playbook and strong track record is complimented by VHPs distinct organizational culture, emphasizing highly collaborative engagement, strong professional accountability, and a commitment to excellence in work product and team performance. Weitere Informationen darber, wie wir Ihre personenbezogenen Daten nutzen, finden Sie in unserer Datenschutzerklrung und unserer Cookie-Richtlinie. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. To build enduring value, we leverage our operational, financial and industry expertise, and open our extensive network to foster business development, strengthen boards and identify strategic add-on acquisitions. Public filings of Varsity Healthcare Partners III LP raised by Varsity Management Company LP. With a focus on developing companies to their full potential and reflecting a strong belief in sustainability, our family of investment funds has a notably longer horizon than many others. Daniel A. Guerin, P.C. | Professionals | Kirkland & Ellis LLP | 2019 Varsity Healthcare Partners III is a buyout fund managed by Varsity Healthcare Partners. 2 An evolving investment strategy. Direct links to the EDGAR source material. In Depth - Bio // Cooley // Global Law Firm Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz- und Cookie-Einstellungen oder Datenschutz-Dashboard klicken. Scoop: Varsity Healthcare Partners collects $600M-plus for Fund 4 - Axios Varsity draws upon its extensive healthcare industry experience and relationships, as well as its hands-on partnership approach to effectively drive growth and maximize value. Our deep belief in entrepreneurship and partnerships has stayed true over time, but our investment mandate has gradually evolved. state or imply that past performance is an indication of future performance. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Varsity Healthcare Partners and its portfolio companies in various matters, including several matters for Ventra Health, Emergency Care Partners, and Gastro Care Partners; The Sterling Group's acquisition of PowerGrid Services; Less More. Varsity Healthcare Partners Promotes Three Senior Associates to Vice She joined private equity firm Varsity Healthcare Partners as one of the first three employees in 2016, just prior to fundraising for VHP Fund II. The transaction closed on November 24, 2020. The team is supported by a group of seasoned Strategic Executives enhancing the entire investment process through strategic insight, operational oversight and senior counsel, which helps drive growth and performance, while fostering sustainable businesses and creating long-term value for all stakeholders. Altors strong commitment to ESG goes hand in hand with our belief that it has a positive impact on investment returns, and it is therefore a natural part of our investment strategy. Nerissa Nadia Reed - Director, Firm Operations - Varsity Healthcare Growth: To build enduring value, we leverage our operational, financial and industry expertise, and open our extensive network . VHP initially invested in Probo in September 2018, at which point Probo was focused exclusively on the U.S. ultrasound repair and resale market. Bei der Nutzung unserer Websites und Apps verwenden wir, unsere Websites und Apps fr Sie bereitzustellen, Nutzer zu authentifizieren, Sicherheitsmanahmen anzuwenden und Spam und Missbrauch zu verhindern, und, Ihre Nutzung unserer Websites und Apps zu messen, personalisierte Werbung und Inhalte auf der Grundlage von Interessenprofilen anzuzeigen, die Effektivitt von personalisierten Anzeigen und Inhalten zu messen, sowie, unsere Produkte und Dienstleistungen zu entwickeln und zu verbessern. Probos footprint includes fourteen facilities across the United States, the United Kingdom, Germany, France, and Canada, breaking into international markets as demand continues to grow for refurbished imaging equipment and service solutions that extend machinery lifespan. Value that lasts. Varsity's Probo Medical readies sale and Veritas' Cotiviti reportedly weighs IPO. In order to truly undertake the journey together, the Impilo team makes a significant contribution to the investment capital. Consequently, our philosophy encompasses both economic and social development. Varsity Healthcare Partners II LP | AUM 13F That is our spirit and mindset. This will yield strong returns to Impilos investors. All Rights Reserved. LinkedIn and Emails partners of VC fund. The more complex, the more exciting. Read more about our investments and how we work to develop them. Value we can look back on with founders and management, agreeing that together we made a positive difference. We have built a unique network of experts from some of the most renowned companies to help drive lasting impact for our partner companies, be it as Board members, advisors, or operational and sector specialists. A premise that also benefits our investment success, since it forces us to understand each business even better and thus reduce risks, and thereby develop our ability to act as progressive owners. mmandelbaum@prosek.com / jcohen@prosek.com, Internet Explorer presents a security risk. Varsity Healthcare Partners : Promotes Michael Fisher to Partner In Altor Fund Manager AB, Hans Henrik Klouman is Chairman and Board members are Cecilia Lager, Eivind Kolding and Christian Salamon. He graduated from the Robins School of Business at the University of Richmond with a B.S. We provide flexible capital solutions tailored to facilitate the unique needs & goals of each company. It also provides guidance in our vision to influence the general state of healthcare by promoting better quality, seek favourable treatment outcomes, increased productivity and improved preventative care to reduce or postpone the need for hospital care. Varsity Healthcare Partners ("VHP"), a leading lower middle-market private equity firm focused on healthcare services, announced today the promotion of Michael Fisher to Partner, which follows the final close of Varsity Healthcare Partners II. VHPs tactical investment strategy emphasizes identifying and transacting with growth-seeking, provider-owned or founder-owned companies, leveraging VHPs developed buy and build playbook to drive significant operational, managerial enhancement early in the life of each platform investment, followed by a well-resourced aggressive and multidimensional growth plan. Varsity Healthcare Partners Fund Manager Profile | Preqin Companies in its portfolio include Family Care Partners, a consolidator of primary care and ancillary diagnostic patient services, and The Orthopaedic Institute, a private practice group of specialty physicians providing musculoskeletal care. Read our Annual Report for 2021 here. Our approach is based on extensive experience of how to successfully build strong companies that enjoy long-term positive development. VSS's website and its associated links offer news, commentary, and generalized research, not personalized investment advice. in Business Administration. The information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities. Varsity Healthcare Partners builds leading healthcare companies, employing a differentiated partnership model. We look at how we can maximize the full potential of this company, starting off with a common understanding of the current market position, what is the performance versus what is world class. We have married this with our investing skills and then partnered up with some truly exceptional founders and leaders. Impilo is a Nordic-based, investment company focussed on investments in the healthcare and health related sector. The cookie is used to store the user consent for the cookies in the category "Performance". Our strategy is based on identifying and realizing sustainable performance improvements, often in situations with multiple value creation levers, such as revenue growth, margin expansion and capital efficiency. For more information, please visit www.varsityhealthcarepartners.com, Media: Being a regulated business in a global society, this is not only a natural necessity but also something that we constantly oversee and improve. Be sure Karo Healthcare - EQT Group Varsity Healthcare Partners (VHP) is a Los Angeles-based private investment firm, serving primarily family and small institutional investors by originating, acquiring, and growing market-leading healthcare provider platforms within selected non-discretionary and/or cost-saving healthcare verticals. Varsity Healthcare Partners (VHP), a leading lower middle-market private equity firm focused on healthcare services, announced today the promotion of Michael Fisher to Partner, which follows the final close of Varsity Healthcare Partners III with total capital commitments of $417 million in August 2019. Read our latest news and what the media has to say about Impilo. Registration does not imply a certain level of skill or training. Flexibility: We provide flexible capital solutions tailored to facilitate the unique needs & goals of each company. These cookies ensure basic functionalities and security features of the website, anonymously. We call it Impilos ownership model. ABOUT (formerly Central Logic), a Rubicon Technology Partners portfolio company, in its: Acquisition of Acuity Link*. We do not believe in selling a thriving company simply because we must. A link has been emailed to you - check your inbox. Varsity Healthcare Partners is a lower middle-market private equity investment firm focused on partnering with founders, entrepreneurs and management teams to build leading healthcare services companies. This bold statement helps us remain focused on bringing new perspectives to complement our portfolio companies business aspirations. In this new post-MBA equivalent capacity, they will be responsible for leading various workstreams associated with VHPs new platform investments and providing execution and oversight for VHPs existing provider, services and technology portfolio investments. All rights reserved. Varsity Healthcare Partners Impilo is a healthcare-focused investment company with the ambition to provide know-how, a proactive approach to drive positive change, capital and new perspectives to its portfolio companies. Partnership: We support exceptional management teams, working side by side to maximize long-term value & ensure the success of our portfolio companies. Varsity has been successful in developing and executing a tailored value creation plan, in partnership with the leadership of each company that typically emphasizes an appropriate investment in infrastructure followed by an aggressive organic and acquisition growth strategy. Varsity Healthcare Partners Probo Medical gears up for sale, Veritas Cotiviti reportedly Investor Relations, Marketing & Communications Forum. https://www.businesswire.com/news/home/20191015005387/en/, Exclusive-World's spy chiefs meet in secret conclave in Singapore, Arrests and tight security in Hong Kong on Tiananmen anniversary, Drone shot down in Crimea's Dzhankoi, says Moscow-installed official, Exclusive-Walt Disney's Pixar targets 'Lightyear' execs among 75 job cuts, Biden signs debt limit bill, avoiding U.S. default. Investment Advisor with the U.S. Securities & Exchange Commission. We also share information about your use of our site with our analytics partners to learn more about how our website is used, as an important tool in the continous improvement of the website. We believe the separation between the companies winning and others will widen, and the disruption will make room for an explosion of new entrepreneurs that will create new solutions to the challenges ahead. Copyright 2023, McGuireWoods LLP. View source version on businesswire.com: https://www.businesswire.com/news/home/20191015005387/en/, Weekly market update : Tech is in the driving seat, Worldcoin: a mirage of philanthropy and profits? A partner that places demands on the companies being governed, organised and developed in the right manner. We dont claim to know exactly what the future will demand of us. - Crypto Recap, Turkey's Erdogan signals economic U-turn in picking orthodox Simsek, Peru April copper production jumped 30% -gov't, OPEC+ begins meetings that may agree further output cuts - sources, Majority of EU countries against network fee levy on Big Tech, sources say, ECB's Visco says falling energy prices should help tame inflation, Canada facing rising threat from cyberattacks - defence minister, Mexico to fight US dispute over GM corn after formal consultations fail, Fresh protests rock Senegal as death toll climbs, China rebukes US, Canadian navies for Taiwan Strait transit, Senior U.S. State Department official to visit China next week amid tense ties, Russia's air attack repelled on approach to Kyiv, Ukraine says, North Korea slams UN meeting on satellite launch, 'robbery' US demand, China seeks dialogue, says clash with U.S. would be 'unbearable disaster', China Defence Minister Li Shangfu: China seeks dialogue over confrontation, Timeline: China's Tiananmen Square demonstrations and crackdown, Guinea-Bissau holds legislative elections amid political deadlock. Varsity has been successful in developing and executing a tailored value creation plan, in partnership with the leadership of each company, that typically emphasizes an appropriate investment in infrastructure followed by an aggressive organic and acquisition growth strategy. We are certain that our passion for partnerships creates real value. The Altor funds have secured strong support from leading international institutional investors who share Altors long-term perspective on value creation. Continue consolidating the fragmented speciality pharma and consumer health market by acquiring pan-European brands in core categories with growth potential, targeting attractive organic growth outlook at exit. Impilo has an innovative and flexible structure that promotes long-term growth and value creation, both organic and via acquisitions. Naturally, we seek to complement the skill sets in the portfolio companies, but we also share important traits with our entrepreneurs: such as having the highest of ambitions, being passionate about what we do, persistent and with the ability to be both bold and creative when it is needed. Fisher is based in VHPs Stamford, Conn. office. It will create profound complexities and put enormous pressures on society, but it will also create opportunities. to consult with a tax professional before implementing any investment strategy. These cookies will be stored in your browser only with your consent. To date, weve invested in around 90 companies as well as many add-on acquisitions, generating consistently strong returns. Acquisition of Ensocare*. Avista partners with businesses that feature strong management teams, stable cash flows and robust growth prospects targeting product and technology businesses with clear scale potential across six sub-sectors experiencing strong tailwinds. Varsity Healthcare Partners is a leading lower middle market healthcare services private equity investment firm, targeting exclusively multi-site healthcare provider platforms or businesses providing outsourced services, technology or tools to healthcare providers and/or payers. Varsity Management Company LP | AUM 13F Powered and created by Together with the management team, we work as allies to build a truly world-class business, benchmarking the strategic agenda and operating targets against the most reputable and admired companies. Building the tomorrow is the work of many people and it creates value that lasts. These cookies track visitors across websites and collect information to provide customized ads. They include high quality institutions, university endowments, pension funds, charitable foundations and other leading international institutions. Nothing on this website should be interpreted to We invest in a healthy future. Impilo is a Nordic-based, investment company focussed on investments in the healthcare and health related sector. VHP typically invests $20 million to $60 million, going larger with co-investment partners. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. With our heritage in Scandinavia, we are at the very center of some of the worlds most exciting climate initiatives. Since joining VHP in 2016, Fisher has served as a Principal and helped source and evaluate new investment opportunities across healthcare services providers and outsourced services. Varsity Healthcare Partners III Profile: Investments & Returns - PitchBook Summary John Soden | David Morlock Probo Medical, a portfolio company of Varsity Healthcare Partners, announced the close of its sale to Avista Capital Partners. We staff our teams cross offices; we have an integrated value creation team and transparency in the portfolio review that is second to none. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. Looking back over our close to 20 years as a firm, this set-up has given us the privilege of becoming the partner of choice to a set of industry-transforming entrepreneurs and companies. LOS ANGELES & STAMFORD, Conn.--(BUSINESS WIRE)--Varsity Healthcare Partners (VHP), a leading lower middle market healthcare services private equity investment firm, today announced the promotion of Adam Feldman, Pedro Santos and Will Sloss to Vice President from Senior Associate. In her role as Director, Firm Operations, Nerissa . You also have the option to opt-out of these cookies. About us | Altor Read more about VHP at www.varsityhealthcarepartners.com Klicken Sie auf Alle ablehnen, wenn Sie nicht mchten, dass wir und unsere Partner Cookies und personenbezogene Daten fr diese zustzlichen Zwecke verwenden. This cookie is set by GDPR Cookie Consent plugin. Varsity Healthcare Partners (VHP) is a private equity firm. Entrepreneurs at heart. This cookie is set by GDPR Cookie Consent plugin. You can change your choices at any time by clicking on the 'Privacy & cookie settings' or 'Privacy dashboard' links on our sites and apps. The companies in which we invest must fulfil at least one of the following criteria in the model here next to: In concrete terms, we look for the following types of investments: Based on our extensive sector experience, we have developed a process for how we enter into partnerships with our portfolio companies. 3 The Altor way. Varsity draws upon its extensive healthcare industry experience and relationships, as well as its hands-on partnership approach to effectively drive growth and maximize value. For more information please visit: www.varsityhealthcarepartners.com. Companies operating in the healthcare sector, primarily Nordic-based, Company value of EUR 50-200m with the possibility of larger investments with investment partners, Primarily majority ownership, but minority investments are also possible, Focus on investments in unlisted companies, but also the possibility for public investments if a controlling position is available.
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