Firm Overview
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. VHP 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. VHP draws upon its extensive healthcare industry experience and relationships, as well as its hands-on partnership approach to effectively drive growth and maximize value. Consistent with our commitment to unconditional alignment and transparency, VHP believes that it differentiates itself as a Partner in the following ways:
- Hands-on approach – VHP spends a tremendous amount of time working closely with company leadership to develop and execute the value creation plan.
- Senior-level attention – The VHP team consists of highly experienced Partners and Principals to efficiently and effectively support each company.
- Healthcare experience – The VHP team has been dedicated to healthcare services investing throughout their careers and maintains a vast network of valuable relationships.
- Economic alignment – VHP is committed to a structure and practice that emphasizes absolute returns over current income.
- Golden Rule – Above all else, VHP maintains an unwavering dedication to transparency and respect in all of its interactions, both internally and externally.
VHP is currently investing out of its $300 million second fund.
Investment Criteria
- Focus area: Healthcare Services
- Principally providers, payors and outsourced services
- Emphasis on multi-site providers including physician practice management
- Investment stage: Growth equity to buyout/recapitalization
- Investment size: Equity investments of $10 million to $60 million (or substantially larger with co-investment partners)
- Investment structure: Primarily control investments (with some exceptions) with significant founder/shareholder rollover and conservative financial leverage
Corporate E-Brochure
Download our one-pager for a more in-depth understanding of Varsity Healthcare Partners.
DownloadTestimonials
I was impressed by how the VHP team immersed themselves in the operations of the business for an extended period of time to truly understand the people, culture and vision. As an entrepreneur new to private equity, I appreciated their candor and that they lived up to every promise.
Dr. Kenneth Katz, Dermatology Associates of Wisconsin
FOREFRONT DERMATOLOGY
I was impressed with the efficiency and expediency of VHP in understanding our business and their vision for expansion. I believe that VHP represents a great strategic and capital partner, but also, just as important, a partner with whom I have a strong personal relationship and trust.
Dr. Brett Katzen, Founder, Katzen Eye Group
EYECARE SERVICES PARTNERS