Predict your next investment

Private Equity
FINANCE | Investment Firms & Funds
dwhp.com

See what CB Insights has to offer

Investments

24

Portfolio Exits

15

Funds

5

Partners & Customers

3

About DW Healthcare Partners

DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-to-late-stage companies realize their potential for growth.

DW Healthcare Partners Headquarters Location

1413 Center Drive Suite 220

Park City, Utah, 84098,

United States

435-645-4050

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

DW Healthcare Partners Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

DW Healthcare Partners Rank

Latest DW Healthcare Partners News

Two Private Equity Firms Reportedly Back Self-Directed At-Home Care Enabler Public Partnerships

Aug 9, 2022

Two Private Equity Firms Reportedly Back Self-Directed At-Home Care Enabler Public Partnerships Two large private equity firms have made under-the-radar investments in the self-directed, at-home care enabler Public Partnerships (PPL). That’s according to a new report from Axios , which said that “few other details are known about transaction.” The two backers are the Park City, Utah-based DW Healthcare Partners and the Chicago-based Linden Capital Partners. Other details that are known, according to Axios, include: Advertisement – The joint investment follows a Covington Associates-run sale process that began several months ago. – A divestiture process was set forward by Public Consulting Group Inc. (PCG), of which PPL is an affiliate business. PCG is a Boston-based firm that partners with “health, education and human services agencies to improve lives.” Advertisement As of Tuesday afternoon, PPL, DW Healthcare and Linden Capital Partners had all not responded to Home Health Care News’ request for comment on the matter. PPL has 10 U.S. offices scattered across the country and also operates in the U.K. The company does not provide any care itself, but instead, acts as a back-end platform that allows family members, friends and other loved ones to act as the primary caregiver for patients in their own homes. Those caregivers, then, are generally paid out by state Medicaid programs. Overall, PPL operates 43 self-directed programs and has over 120,000 participants in those programs, according to its website. Broadly, self-directed home care programs allow states to cut out traditional home care providers, enabling family caregivers to be paid for their work and for patients to pick their own caregiver as they see fit. States generally like the model because it provides jobs and also usually helps keep patients out of more costly settings – like most home care does. At the same time, self-direct programs have often been rife with fraud, as it is harder to regulate than agency-provided home care. On the backers’ side, DW Healthcare generally invests in mid- to late-stage companies in the health care space. Some of its other portfolio companies include CareXM, 360 Behavioral Health and Champion Manufacturing. Meanwhile, Linden Capital Partners was founded in 2004 and has invested $2.5 billion in various health care companies. Its portfolio includes Vital Care Infusion Services, ProPharma Group and the revenue cycle management company Aspirion, among others. Share

DW Healthcare Partners Investments

24 Investments

DW Healthcare Partners has made 24 investments. Their latest investment was in Noble Pharma as part of their Private Equity on January 1, 2022.

CBI Logo

DW Healthcare Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/10/2022

Private Equity

Noble Pharma

Yes

3

1/10/2022

Private Equity

Vets Plus

Yes

3

2/2/2021

PIPE

Parnell

Yes

2

11/16/2020

Private Equity

Subscribe to see more

Subscribe to see more

10

8/20/2018

Private Equity

Subscribe to see more

Subscribe to see more

10

Date

1/10/2022

1/10/2022

2/2/2021

11/16/2020

8/20/2018

Round

Private Equity

Private Equity

PIPE

Private Equity

Private Equity

Company

Noble Pharma

Vets Plus

Parnell

Subscribe to see more

Subscribe to see more

Amount

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

3

3

2

10

10

DW Healthcare Partners Portfolio Exits

15 Portfolio Exits

DW Healthcare Partners has 15 portfolio exits. Their latest portfolio exit was WillowWood on December 06, 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

12/6/2021

Acq - Fin - II

$99M

2

5/5/2021

Reverse Merger

$99M

3

10/28/2020

Acquired

$99M

5

9/3/2019

Acq - Fin - III

Subscribe to see more

$99M

Subscribe to see more

10

9/12/2018

Acq - Fin - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/6/2021

5/5/2021

10/28/2020

9/3/2019

9/12/2018

Exit

Acq - Fin - II

Reverse Merger

Acquired

Acq - Fin - III

Acq - Fin - II

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

3

5

10

10

DW Healthcare Partners Acquisitions

21 Acquisitions

DW Healthcare Partners acquired 21 companies. Their latest acquisition was BAM on July 27, 2021.

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

7/27/2021

Growth Equity

$99M

Acq - Fin

1

3/3/2021

Grant

$99M

$0.4M

Acq - Pending

2

8/8/2019

$99M

Acq - Fin

2

6/7/2019

Subscribe to see more

$99M

Subscribe to see more

10

6/4/2019

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/27/2021

3/3/2021

8/8/2019

6/7/2019

6/4/2019

Investment Stage

Growth Equity

Grant

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$0.4M

Note

Acq - Fin

Acq - Pending

Acq - Fin

Subscribe to see more

Subscribe to see more

Sources

1

2

2

10

10

DW Healthcare Partners Fund History

5 Fund Histories

DW Healthcare Partners has 5 funds, including DW Healthcare Partners Fund V.

Closing Date

Fund

Fund Type

Status

Amount

Sources

7/23/2019

DW Healthcare Partners Fund V

Industry Focused

Closed

$610M

1

3/29/2017

DW Healthcare Partners Fund IV

Subscribe to see more

Subscribe to see more

$99M

10

2/8/2013

DW Healthcare Partners III LP

Subscribe to see more

Subscribe to see more

$99M

10

5/1/2007

DW Healthcare Partners II LP

Subscribe to see more

Subscribe to see more

$99M

10

9/12/2004

DW Healthcare Partners LP

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

7/23/2019

3/29/2017

2/8/2013

5/1/2007

9/12/2004

Fund

DW Healthcare Partners Fund V

DW Healthcare Partners Fund IV

DW Healthcare Partners III LP

DW Healthcare Partners II LP

DW Healthcare Partners LP

Fund Type

Industry Focused

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Closed

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$610M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

DW Healthcare Partners Partners & Customers

3 Partners and customers

DW Healthcare Partners has 3 strategic partners and customers. DW Healthcare Partners recently partnered with 360 Behavioral Health on August 8, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

8/20/2018

Partner

United States

DW Healthcare invests in California Psychcare, which will rebrand to 360 Behavioral Health

Aly Champsi , Managing Director and Partner at DW Healthcare Partners said , `` We are thrilled to be partnering with 360 Behavioral Health 's talented clinical team .

2

11/4/2016

Partner

United States

Subscribe to see more

Subscribe to see more

10

3/5/2013

Partner

United States

Subscribe to see more

Subscribe to see more

10

Date

8/20/2018

11/4/2016

3/5/2013

Type

Partner

Partner

Partner

Business Partner

Country

United States

United States

United States

News Snippet

DW Healthcare invests in California Psychcare, which will rebrand to 360 Behavioral Health

Aly Champsi , Managing Director and Partner at DW Healthcare Partners said , `` We are thrilled to be partnering with 360 Behavioral Health 's talented clinical team .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

2

10

10

DW Healthcare Partners Team

8 Team Members

DW Healthcare Partners has 8 team members, including current Founder, Managing Director, Jay Benear.

Name

Work History

Title

Status

Jay Benear

Founder, Managing Director

Current

Andrew Carragher

Ventro, and DaVita

Founder, Managing Partner

Current

Lance Ruud

Chief Financial Officer, Managing Director

Current

Gabe Becher

Managing Director

Current

Aly Champsi

Managing Director

Current

Name

Jay Benear

Andrew Carragher

Lance Ruud

Gabe Becher

Aly Champsi

Work History

Ventro, and DaVita

Title

Founder, Managing Director

Founder, Managing Partner

Chief Financial Officer, Managing Director

Managing Director

Managing Director

Status

Current

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.