Leading healthcare and life sciences companies deliver products and services that can improve outcomes, while decreasing long-term system costs. These companies are effective at addressing the needs of key constituents, including providers, payers and patients. Summit Partners has worked with numerous healthcare entrepreneurs who have changed the landscape of their industry to improve the healthcare system for all participants.
Since 1984, Summit Partners has provided growth equity and credit to more than 65 healthcare and life sciences companies. We have helped build many category-leading companies within a variety of subsectors, including practice management, home health, information technology and clinical and pathology laboratories. With more than 40 public offerings and strategic mergers in the healthcare and life sciences industry, Summit has a proven track record of helping companies to create value for management and shareholders.
Here are some examples:
- With Summit financing and guidance, American Dental Partners Inc. was able to execute on its affiliation model growth strategy, acquiring selected assets in large group dental practices in exchange for taking on administrative and business aspects.
- Summit financed the spinoff of Lincare Holdings Inc. from its corporate parent and its growth-through-acquisition strategy in the home healthcare market. In addition, Summit worked with Lincare’s management team to prepare for its $50 million IPO.
- In addition to assisting Pediatrix Medical Group Inc. in building its management team, Summit also provided advice on numerous acquisitions and other strategic issues—including the firm’s successful IPO in 1995 and a follow-on public offering in 1996.
- Summit helped grow Aurora Diagnostics LLC from the ground up, building a strong management team of seasoned professionals. During its first year, the company made eight acquisitions, expanding across Alabama, Florida, Georgia, Michigan, New York, North Carolina and New England.
To learn more about our investments in the healthcare and life sciences industry, please view our portfolio.