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Private Equity
belhealth.com

Investments

5

Portfolio Exits

3

Funds

2

Partners & Customers

1

About BelHealth Investment Partners

BelHealth Investment Partners (BelHealth) is a healthcare private equity firm focused on lower middle market companies across three core healthcare segments: Services, Products, and Distribution.

Headquarters Location

126 East 56th Street 23rd Floor

New York, New York, 10022,

United States

347-308-7011

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Latest BelHealth Investment Partners News

GeminiBio Strengthens Board of Directors with Addition of Bryan Poltilove

Mar 24, 2023

News provided by Share this article Share this article FORT LAUDERDALE, Fla. and SACRAMENTO, Calif., March 24, 2023 /PRNewswire/ -- Gemini BioProducts Holding, Inc. ("GeminiBio" or the "Company"), a portfolio company of BelHealth Investment Partners, LLC ("BelHealth"), a Florida-based healthcare private equity firm, and BroadOak Capital Partners, a life science focused investment firm, announced today the appointment of Bryan Poltilove to the Board of Directors. Mr. Poltilove is an operating partner at BroadOak Capital Partners and leads the firm's investments in cell and gene therapy, bioproduction, and cell biology. Previously, Bryan spent 12 years with Thermo Fisher Scientific, where he served as Vice President and General Manager. Bryan grew the company's cell-and-gene therapy business organically at 50%+ CAGR and through acquisitions, including Brammer Bio. Prior to Thermo Fisher, Bryan served as Director of Revenue Strategy & Operations at the Corporate Executive Board and held several commercial strategy roles with Johnson & Johnson. Bryan holds B.S. degrees in both Chemical Engineering and Economics from the Massachusetts Institute of Technology as well as an M.B.A. from the J.L. Kellogg School of Management at Northwestern University. GeminiBio Strengthens Board of Directors with Addition of Bryan Poltilove Brian Parker, CEO of GeminiBio added, "BroadOak has been a great partner and has supported GeminiBio as an investor with experience in our industry. Bryan's deep knowledge of the cell and gene therapy sector will provide a meaningful perspective to our company. I very much look forward to working with him as a member of our Board of Directors." "I am excited to join the GeminiBio Board at such a pivotal time in the company's evolution," said Bryan Poltilove. "I look forward to working with the team to help execute on their growth plan." About BelHealth Investment Partners BelHealth Investment Partners, based in Fort Lauderdale, Florida, is a healthcare private equity firm focused on lower middle market companies. BelHealth has a unique combination of investing, executive management, and entrepreneurial experience. BelHealth acquires majority positions in entrepreneur-owned companies that it believes will benefit from its extensive operating and private equity investment expertise. For more information, visit www.belhealth.com . About GeminiBio Founded in 1985, GeminiBio serves the global biotechnology industry, from basic research to commercial production, with a focus on helping our customers accelerate the development of life enhancing biotherapeutics by streamlining and improving their cell culture and process liquid manufacturing workflows. The company's products are organized into two core verticals – Cell Culture Solutions and Process Liquid Solutions. Located in West Sacramento, California, GeminiBio has 57,000 square feet of cGMP manufacturing space that is segregated between animal origin free and animal component manufacturing. GeminiBio is an ISO 13485 certified, FDA registered Class 1 Medical Device Manufacturer, aligned with 21 CFR Part 820. For more information, visit www.geminibio.com . About BroadOak Capital Partners BroadOak Capital Partners is a life science focused, boutique financial institution that provides direct investment and investment banking services to companies in the research tools and consumables, diagnostics, and biopharma services sectors. BroadOak has led or participated in investments in over 60 companies across multiple funds and investment vehicles. For more information, visit  broadoak.com Contact

BelHealth Investment Partners Investments

5 Investments

BelHealth Investment Partners has made 5 investments. Their latest investment was in General Genetics as part of their Growth Equity on July 7, 2013.

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BelHealth Investment Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/25/2013

Growth Equity

General Genetics

Yes

1

Other Investors

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0

Other Investors

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0

Other Investors

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0

Other Investors

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0

Date

7/25/2013

Round

Growth Equity

Other Investors

Other Investors

Other Investors

Other Investors

Company

General Genetics

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Amount

New?

Yes

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Co-Investors

Sources

1

0

0

0

0

BelHealth Investment Partners Portfolio Exits

3 Portfolio Exits

BelHealth Investment Partners has 3 portfolio exits. Their latest portfolio exit was easyDNA on July 19, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/19/2021

Acquired

$99M

2

6/1/2021

Acq - Fin - II

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$99M

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10

6/6/2013

Merger - II

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$99M

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10

Date

7/19/2021

6/1/2021

6/6/2013

Exit

Acquired

Acq - Fin - II

Merger - II

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

2

10

10

BelHealth Investment Partners Acquisitions

13 Acquisitions

BelHealth Investment Partners acquired 13 companies. Their latest acquisition was Gemini Bio-Products on September 14, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/14/2018

Debt

$99M

$15M

Acq - Fin

1

6/28/2018

$99M

Acq - Fin

2

2/2/2017

$99M

Acq - Fin

2

1/5/2017

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$99M

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10

10/17/2016

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$99M

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10

Date

9/14/2018

6/28/2018

2/2/2017

1/5/2017

10/17/2016

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$15M

Note

Acq - Fin

Acq - Fin

Acq - Fin

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Sources

1

2

2

10

10

BelHealth Investment Partners Fund History

2 Fund Histories

BelHealth Investment Partners has 2 funds, including BelHealth Investment Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/2/2015

BelHealth Investment Fund II

Industry Focused

Closed

$197.7M

1

12/31/2012

BeLHealth Investment Fund

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$99M

10

Closing Date

6/2/2015

12/31/2012

Fund

BelHealth Investment Fund II

BeLHealth Investment Fund

Fund Type

Industry Focused

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Status

Closed

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Amount

$197.7M

$99M

Sources

1

10

BelHealth Investment Partners Partners & Customers

1 Partners and customers

BelHealth Investment Partners has 1 strategic partners and customers. BelHealth Investment Partners recently partnered with iLEVEL Solutions on January 1, 2014.

Date

Type

Business Partner

Country

News Snippet

Sources

1/21/2014

Vendor

United States

BelHealth Investment Partners Selects iLEVEL for Portfolio Monitoring.

iLEVEL Solutions , the cloud-based software provider to the private capital market , today announced that BelHealth Investment Partners , has selected the iLEVEL Solutions to automate the process of collecting , storing and reporting on investment performance and cash transaction data .

1

Date

1/21/2014

Type

Vendor

Business Partner

Country

United States

News Snippet

BelHealth Investment Partners Selects iLEVEL for Portfolio Monitoring.

iLEVEL Solutions , the cloud-based software provider to the private capital market , today announced that BelHealth Investment Partners , has selected the iLEVEL Solutions to automate the process of collecting , storing and reporting on investment performance and cash transaction data .

Sources

1

BelHealth Investment Partners Team

11 Team Members

BelHealth Investment Partners has 11 team members, including current Chief Financial Officer, Paul A Valenti.

Name

Work History

Title

Status

Paul A Valenti

Chief Financial Officer

Current

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Name

Paul A Valenti

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Work History

Title

Chief Financial Officer

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Status

Current

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