Get started Learn more Already a member? For more information, visit www.consonancecapitalpartners.com, Media Inquiries: If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. She is a director of CVS Health (NYSE: CVS) and HCA Healthcare (NYSE: HCA), in addition to current Consonance portfolio companies Psychiatric Medical Care (PMC) and Sellers Dorsey. The equity sale was valued at approximately $400 million with a multiple range of 12- to 15-times EBITDA, the sources told BHB. According to sources, the company plans to open 60 additional outpatient clinics in the next three years. Mitchell J. Blutt - Wikipedia more information Accept. Nancy-Ann DeParle. 1370 Avenue of the Americas, 33rd Floor, Embark Behavioral Health is a fusion of four companies: Calo Programs, InnerChange Programs, New Vision Wilderness Programs and Potomac Pathways. He is the founder and CEO of the New York-based healthcare investment firm Consonance Capital and a former Executive Partner of J.P. Morgan Partners. In the last 3 years, Consonance Capital Partners has exited 1 company. Private equity investments, which include growth equity, leveraged buyouts, and recapitalizations, are made under the direction of Consonance Capital Partners, a private equity manager co-founded and co-led by Mitchell Blutt, MD, Benjamin Edmands, Stephen McKenna, and. Consonance Capital Partners (CCP) seeks to invest in U.S. middle market companies that add sustainable value to the healthcare system via the delivery of higher quality care at a lower cost. Health2049 Podcast The Obamacare Architect Consonance Capital Partners | LinkedIn They have been very supportive with useful introductions to customers and potential investors for our Series A. Ill recommend partnering with Consonance without any hesitation. contactus@consonancecapital.com. 3y. Consonance Capital Partners participates in growth equity, leveraged buyout, and recapitalization transactions. CityMD and Summit Medical Group Finalize Merger - PR Newswire Prior to joining CCP, Sapna held positions at Bessemer Venture Partners, in J.P. Morgans Healthcare Investment Banking Group, and at The Monitor Group. The Firm's private equity group targets growth equity, leveraged buyouts, and recapitalization transactions in lower middle-market companies with $25 to $500 million of revenue. Consonance Capital Partners, a healthcare-focused private equity fund, is also making an investment in the combined company. Funds managed by Consonance Capital Partners Get started Learn more Log in . Consonance understood our vision for the future of supply chains earlier than many other stakeholders in the ecosystem and backed us just as we started. Embark Behavioral Health launched its virtual services late last year. Leeba was a beloved mentor for those who had the privilege to work with her and an exemplary servant leader who cared deeply for the members who entrusted CareMore with their care. Leebas legacy lives on through her impact on health care and through those of us who are blessed to have called her a colleague, mentor and friend. 917-601-6012 Apax Exits Kepro | Mergr M&A Deal Summary Consonance Capital Partners (CCP) is led by Mitchell J. Blutt, MD, Benjamin B. Edmands, Stephen V. McKenna and Nancy-Ann DeParle who have over 90 years of combined private equity experience derived primarily while colleagues at J.P. Morgan Partners, LLC (including its successor and predecessor entities, collectively JPMP). Portfolio | Consonance Capital Partners Co-Founder, Partner, CIO and Portfolio Manager. He holds a bachelor's degree in communications from Brigham Young University and has been covering the health care sector since December 2016. Consonance Capital Partners 5 Portfolio companies, 5 Investments Consonance Capital Partners, L.P. provides investment advisory services. Consonance has been a partner of AFEX ever since they invested in our business in 2019. Consonance Capital Partners exclusively invests in middle-market health care companies via growth equity, leveraged buyouts and recapitalization transactions. Summit Health, Vice Chairman & Former CEOInVentiv Health, Former CEO & PresidentCareMore Health System. I am grateful for Mobolaji Adeoye, who is also our chairman and has guided us well and provided valuable strategic guidance and support since 2018 when Consonance made their seed investment to Pezesha., Consonance has also provided us with debt investment that has impacted more than 5,000 SMEs with access to affordable working capital. Use tab to navigate through the menu items. Their team has been a great support to Releaf from critical introductions to tough feedback. Consonance Capital, founded and led by CEO, Its portfolio includes Nashville, Tennessee-based Psychiatric Medical Care, which specializes in managing psychiatric facilities and has a specialty in senior care. Consonance has been a valuable addition to SeamlessHR since they invested in our seed round in 2020. CONSONANCE CAPITAL MANAGEMENT LP Top 13F Holdings Having Consonance as our first institutional investor set us on the right path for success and growth. Private investments, which include growth equity, leveraged buyouts, and recapitalizations, are made under the. Embark Behavioral Health also plans to increase its count of families served by more than 1,000 in 2023 over the nearly 1,500 families it served 2022, according to a recent news release from the company. Learn More. She is a director of CVS Health and HCA Healthcare, as well as Consonance portfolio companies Psychiatric Medical Care and Sellers Dorsey. The Cigna Group, Director of GeriatricsNew York Presbyterian Health System, Former Executive Chairman & CEO Our concentration is on proactively identifying companies and management teams capable of transformational growth. She has done a fantastic job driving our business development efforts as well as contributing to the firms success in many other ways. The report noted that Embark had generated $40 million in EBITDA and retained Jefferies Group to aid in a sale. Oops! Consonance Capital Partners invests in private companies in the lower middle market of the U.S. healthcare industry with an emphasis on businesses driving efficiency, cost containment and high quality clinical care to patients. Private equity investments, which include growth equity, leveraged buyouts, and recapitalizations, are made under the direction of Consonance Capital Partners, a private equity manager co-founded and co-led by Mitchell Blutt, MD, Benjamin Edmands, Stephen McKenna, and. Dr. Blutt completed his BA and MD degrees at the University of Pennsylvania and he Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. CCP seeks to partner with management teams in subsectors that have high growth opportunities. We built ToNote in partnership with Consonance from day zero and the level of hands-on support, advisory, network leverage and strategic input has been second to none. Discover job postings and attract candidates across the post-acute and senior care continuum. Sloane & Company Consonance Capital Partners invests in private companies in the lower-to-middle markets of the U.S. healthcare industry with an emphasis on businesses driving efficiency, cost containment and. Consonance Capital CEO and Founder Benny Soffer, MD Co-Founder and Partner CIO, Portfolio Manager Kevin H. Livingston Co-Founder, Partner, President and Chief Operating Officer Compliance, Finance, Trading, Marketing & Operations Gabriela J. Franco-Boland Chief Financial Officer 1370 6th Ave 33rd floor,New York, NY 10019, USA, Consonance Capital Partners Adds Ken Kim, MD, Jeffrey Le Benger, MD, Bill Lucia, and Eric Major to Advisory Board, Consonance Capital Partners Adds Eric Van Horn to Operating Council, Consonance Capital Partners Announces Partnership Promotions, Orsini Specialty Pharmacy, Carlyle and Consonance Capital Partners Announce Strategic Partnership, Consonance Capital Partners Makes Investment to Support the Merger of Summit Medical Group and CityMD, Consonance Capital Partners Hosts 5th Annual Health Care Leaders Breakfast in San Francisco, Consonance Capital Partners Signs Definitive Agreement to Sell Enclara Healthcare to Humana, Consonance Capital Partners Completes Recapitalization of Psychiatric Medical Care in Partnership with Management Team, Consonance Capital Partners Hosts Health Care Leaders Breakfast in San Francisco, Consonance Capital Partners completes sale of KEPRO, Consonance Capital Partners Completes Recapitalization of Bako Integrated Physician Solutions, Consonance Capital Partners Completes Recapitalization of Enclara Health, LLC, Consonance Capital Partners announces Nancy-Ann DeParle to join as Partner, Consonance Capital Partners Completes Sale of Turn-Key Health, Consonance Capital Partners Closes Fund II at Hard Cap of $856 Million, Go To Consonance Capital Management (Hedge Fund), Consonance Capital Partners Completes Recapitalization of Orsini Pharmaceutical Services in Partnership with Management Team, KEPRO in Partnership with CCP Completes the Acquisition of APS Healthcare from Universal American, Enclara Health, in Partnership with CCP, Purchases excelleRx / Hospice Pharmacia and PBM Plus, Consonance Capital Partners Exceeds Fund Target Closes On $500 Million Healthcare Private Equity Fund, Consonance Capital Partners Completes Acquisition of KEPRO, Consonance Capital Partners Hosts 6th Annual Health Care Leaders Breakfast in San Francisco. Benny Soffer, MD. Stavros first became involved with Calo Programs in 2011 when Lia Capital Partners acquired a majority stake in Calo. In addition, CCP has a robust history of working together with large corporations which are seeking to divest non-core assets and private/family-owned businesses which are seeking liquidity, growth capital, or both from knowledgeable, experienced, and partner-oriented healthcare investors. Consonance Capital Partners invests in private companies in the lower and middle markets of the U.S. healthcare industry, with an emphasis on businesses driving efficiency, cost containment, and. Consonance Capital Partners Mergers and Acquisitions Summary Nancy-Ann DeParle is a Managing Partner and Co-Founder of Consonance Capital Partners. Consonance Capital Partners participa Read More Contact Who is Consonance Capital Partners Headquarters The firm's strategy is to leverage its network and experience developed over decades, in the healthcare industry to proactively identify high growth industry subsectors, proven business models in emerging subsectors, and platform opportunities in unconsolidated subsectors. . Invest in Consonance Capital Partners funds Hundreds of fund managers are currently fundraising on Palico. The Firms most common exit type is trade sale (80%). It also offers services treating eating disorders and substance use issues. CCM Team | Consonance Capital Sean Breen - Partner - Consonance Capital Partners | ZoomInfo The Firm's private equity group targets growth equity, leveraged buyouts, and recapitalization transactions in lower middle-market companies with $25 to $500 million of revenue. direction of Consonance Capital Partners (CCP), a private equity manager. He is a Clinical Assistant Professor of Medicine, in the Department of Medicine at Weill Cornell Medicine. Consonance Capital Partners is a healthcare investment firm that invests broadly across the healthcare landscape. The Firms most common investment types include recapitalization (45%) and divestiture (23%). Use tab to navigate through the menu items. PE. The sources of these opportunities are typically derived from private/family-owned businesses seeking liquidity, growth capital, or both and large corporations seeking to divest non-core assets. Receive industry updates and breaking news from Behavioral Health Business, PE-Backed Harmony Health Group Scoops Up Former Delphi Facilities, 5 Mental Health Companies to Watch in 2023, Acadia Names Walgreens, Aetna Vet Heather Dixon Its Next CFO. Join owners and operators of behavioral health practices for a day of networking and dealmaking. Fund II received support from existing investors, as well as from a. We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. CCPs founders, Mitchell Blutt, MD, Benjamin Edmands, Stephen McKenna, and Nancy-Ann DeParle, partnered together for over a decade while at JPMorgan Partners and its successor and predecessor entities (collectively JPMP), and have over 90 years of combined experience in private equity investing, primarily within healthcare. Home | Consonance Capital Management We are an investment company focused on helping early and growth-stage entrepreneurs build enduring companies in Africa. Active, Closed, This describes the type of investor this organization is (e.g. Brian McCarthy Advisory Council Member at Patient Square Capital East Hampton, NY. Public investments are made under the direction of Consonance Capital Management (CCM), a long/short public equity manager. Our Circle. Consonance Capital Partners Makes Investment to Support the Merger of Summit Medical Group and CityMD. Terms of the transaction were not disclosed. Specific areas of interest include . BHB is part of the Aging Media Network. Consonance Capital Partners Closes Fund II, at $856M Find More Contacts for Consonance Capital Partners, Edit Lists Featuring This Company Section, Debevoise Advises Carlyle in Its Strategic Partnership with Orsini and Consonance Capital Partners, Private Equity Firms with Investments in United Kingdom, Private Equity Stage Investors with Investments in United Kingdom. To Consonance Capital Partners (Private Equity) More. Consonance Capital Partners - Recent News & Activity - Crunchbase The Company offers consulting, investment management, leveraged buyouts, and recapitalizations services. Consonance Capital Partners is a healthcare investment firm that invests broadly across the healthcare landscape. Mitchell Blutt, MD is the CEO of Consonance Capital, a health care focused investment firm. Mitchell Blutt, MD | Consonance Capital Partners Consonance Capital | Healthcare Investors | United States The very first of these programs launched 25 years ago. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. We strive to honor her memory. When it comes to more "dedicated" firms, names to come to mind are Apposite Capital (London), G Square Capital (London), GHO Capital (London and probably one of the best in Europe), Astorg (pan-Europe) and MVM Partners (Boston and London) 1. I'd say some of the best things about them are their quick and efficient decision-making process and intentionality in looking out for their portfolio companies. Go To Consonance Capital Management (Hedge Fund). Consonance Capital is a healthcare investment firm that invests broadly across the healthcare landscape. To date, CCP has raised over $1.3 billion in equity capital across two funds, and CCP is currently investing out of Consonance Private Equity II, L.P.With a history of successfully investing across multiple healthcare sub-sectors, Consonance Capital Partnersbrings a wealth of experience, insights, and an extensive network of relationships to existing and prospective management teams and portfolio companies. Consonance Capital Closes $500MM Healthcare Private Equity Fund consonance capital partners consonance capital consonance capital investors lp consonance capital management lp consonance capital partners lp consonancecapital Benjamin Edmands | LinkedIn Last year, the company moved its headquarters to a new office in Chandler, Arizona. Over the past several years, she has led the firms business development efforts and driven CCPs thematic sourcing model. Consonance Capital Partners, L.P. provides investment advisory services. Consonance Capital Partners, a NYC-based healthcare private equity firm, closed Consonance Private Equity II, L.P., at $856m. In the last 3 years, Consonance Capital Partners has invested in 2 companies. Housatonic Partners reinvested in 2018 after Calo Programs acquired InnerChange Programs. A founder of CareMore, Leeba reimagined eldercare and created a care model that has since been adopted and adapted by Medicare Advantage plans across the United States. Youth behavioral health provider Embark Behavioral Health has received a significant investment from the private equity firm Consonance Capital Partners. She is a director of CVS Health and HCA, in addition to Consonance portfolio companies Enclara Pharmacia, Turn-Key Health, and Psychiatric Medicare Care. The firm takes a collaborative approach to these relationships and believes that strong managers with aligned incentives are the backbone of a successful investment strategy. The Consonance Capital platform was created in 2005. New York, New York, United States 11-50 Private Equity Firm Private Equity consonancecapital.com/ 16,033 Highlights Funds 3 Acquisitions 5 Investments 6 Diversity Investments 3 Exits 5 Employee Profiles 3 Recent News & Activity Consonance Capital Partners is a healthcare investment firm that invests broadly across the healthcare landscape. Consonance Capital Partners LP - Company Profile and News It targets, with some exceptions, companies with between $25 million and $500 million in revenues, according to its website. Mitchell Blutt, MD large private equity firm investors just like it. CCP targets growth equity, leveraged buyouts, and recapitalization transactions in the middle market. February 6, 2019. 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The fund was oversubscribed, surpassing its $350 million target and reaching its fundraising cap of $500 million. The new capital will set Embark Behavioral Health up for an ambitious growth strategy, multiple sources familiar with the investment told Behavioral Health Business. Consonance Capital Partners is a healthcare-focused private investment firm focused on both public and private equity investing. Astorg is not Healthcare-focused. The Consonance Capital platform was created in 2005. 1370 6th Ave 33rd floor,New York, NY 10019, USA. Overall, Consonance really goes to great lengths for their founders and I hope our future fundraising experiences mirror what we have seen with them. The Firm's private equity group targets growth equity, leveraged buyouts, and recapitalization transactions in lower middle-market companies with $25 to $500 million of revenue. Consonance Capital Partners Announces Partnership Promotions Sectors of Interest: Healthcare Services, Life Science, Medical Products, Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Growth Capital, Recapitalization, Geographic Preferences: East US, Midwest US, South US, West US. In addition to serving as CEO of Embark, Stavros is the founder and managing partner of Lia Capital Partners, according to his LinkedIn profile. Go To Consonance Capital Management (Hedge Fund), Private Capital forHealthcarein the Middle Market. Specific areas of interest include healthcare providers, mayors, distribution, medical devices, specialty pharmaceuticals, outsourced services, and healthcare IT. For more . She holds an MBA from The Wharton School and is a graduate of the Healthcare Management Program. Consonance and Bolaji Adeoye have fostered a supportive environment and provided support and advice on governance structures and models for keeping our unit economics goals in sight. 1,091. Mitchell J. Blutt is an American physician-businessman, and one of the first physicians to play a prominent role on Wall Street by drawing on his medical training to identify investment potential in healthcare companies. Key to the process is the identification of management teams who have a demonstrated ability to effectively navigate a highly complex and regulated industry. It has raised over $1.3 billion across two funds. It has ultimately made us better entrepreneurs. 1370 6th Ave 33rd floor,New York, NY 10019, USA. Making the decision to accept Consonances offer as our first VC was the right one for us as a company. Africa is quickly becoming one of the business world's most supercharged areas, with a burgeoning startup scene, expansive infrastructure projects, and capital pouring in from across the world. Read More. Angel, Fund of Funds, Venture Capital), General contact email for the organization. The guidance provided by the Consonance team, subsequently, has shored up our operational capabilities and enabled us to execute a winning strategy for transforming Africa's commodity markets. Consonance Capital was established in 2005 and is located in New York City. Go To Consonance Capital Management (Hedge Fund). Private Equity Associate at Consonance Capital Partners New York, NY. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. As part of the deal, Consonance Capital Partners took a controlling stake in the company. Leeba was a visionary leader who inspired new ways of thinking about care for the elderly and successfully executed those ideas. We take a thematic approach to investing and focus on a select number of attractive healthcare segments at any given time. Representatives of both companies, including Embark Behavioral Health CEO Alex Stavros, declined to comment on the exact terms of the investment. In January, Muir Wood LLC, a youth behavioral health provider, secured investment from the private equity firm Avesi Partners. One report reveals that the amount of capital put into youth behavioral health companies surged many times over in 2021. Public life sciences investments are made under the direction of Consonance Capital Management, a hedge fund manager founded by Mitchell Blutt, MD, and his co-founders, Kevin Livingston and Benny Soffer, MD. The team has displayed a strong understanding of marketplace and platform businesses like ours, which has undergirded their advisory role, allowing them to both highlight opportunities that are a right fit for us and connect us to beneficial partnerships on our expansion and growth journey. Consonance Capital Partners (CCP) is a private equity manager focused exclusively on investing in the healthcare industry. Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. 1/6. wclay@sloanepr.com, Internet Explorer presents a security risk. In this series, Quicktake Originals takes an in-depth look at the domestic and international projects that are shaping modern Africa, and their implications for the global economy. Embark Behavioral Health today operates 27 programs across 40 locations in 15 states. Benny Soffer, MD is a Co-Founder, Partner, Chief Investment Officer, Portfolio Manager and Member of the Investment Committee of Consonance Capital Management and was an original employee in September 2005. . NEW YORK--(BUSINESS WIRE)--Consonance Capital Partners (CCP), a leading U.S. healthcare focused private equity firm, is pleased to announce that Sapna T. Jethwa has been promoted to Partner Business Development. Meet Our Partners. Consonance | Advancing Africa's Prosperity
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