What kind of companies comprise BPOC funds?
Medium-sized companies in the healthcare services segment. These companies are run by highly capable management teams and exhibit identifiable competitive advantages, significant barriers-to-entry, and the potential for a high return on invested capital. Investments are prudently leveraged acquisitions of corporate subsidiaries; recapitalizations of founder-owned and operated entities; and management-led acquisitions of independent companies. Total enterprise values typically range from $50 million to $500 million.
Mid-Market Buyouts. A large portion of our investments are buyouts in smaller companies—typically with EBITDA in excess of $5 million—operating in the healthcare service, medical product and information technology segments. Target companies will be in high-growth segments that exhibit high user-adoption rates and compelling demographic trends; provide an unmet clinical or service need; and reduce costs in the healthcare delivery system. Typically, EBITDA values range from $5 million to $50 million.
For a company-by-company look at our current and prior investment funds, click the fund name to the left. Learn more about our investment strategy here.