Thank you PE FORUM! We are super excited to continue and grow our partnerships with talented healthcare entrepreneurs to grow category leaders. Let's Go!
?? Frontline Healthcare Partners Closes Inaugural Fund at $125M - Frontline Healthcare Partners ("Frontline" or "FHP"), a private equity firm headquartered in Charleston, announced the final close of its inaugural fund, Frontline Healthcare Partners, L.P., at $125 million. - The Fund targets control investments in micro-cap distributed healthcare businesses, partnering with entrepreneurs to create market-leading healthcare companies. - Leverages Frontline's expertise in healthcare services and operational value creation. - Supports healthcare entrepreneurs transforming care delivery models and enhancing access, outcomes, and efficiency. - Prioritizes the patient and customer experience while maintaining strong business fundamentals. - Portfolio Investments: Bay Area Clinical Associates, JoyBridge Kids, LivWell Infusions, Porch Light Health. - Derek Spence, Co-Founder and Partner at Frontline stated: "The successful closing of our inaugural fund underscores our confidence in the micro-cap distributed healthcare sector and the tremendous potential for partnerships with visionary entrepreneurs." - Investor Interest: Attracted support from institutional investors, family offices, and high-net-worth individuals, alongside its anchor investors. - CrossBay Capital Partners acted as Placement agent and Latham & Watkins as Legal counsel.
Awesome!
Managing Director @ The Cherney Group | Business Advisory Services | Revenue Cycle Management
3 个月Congratulations Derek et al.