He is the former Executive Partner of J.P. Morgan Partners (JPMP). 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 high-quality care to patients. Consonance Capital | Healthcare Investors | United States 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. Consonance Capital Partners Acquires Majority Stake in Youth-Focused The equity sale was valued at approximately $400 million with a multiple range of 12- to 15-times EBITDA, the sources told BHB. 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. Bloomberg View columnist Barry Ritholtz looks at the people and ideas that shape markets, investing and business. Thank you! Sean Breen - Partner - Consonance Capital Partners | ZoomInfo We take a thematic approach to investing and focus on a select number of attractive healthcare segments at any given time. 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. Consonance Capital Partners is a private equity general partner firm headquartered in New York, NY, United States. It also formed the Embark Behavioral Health Foundation last year. www.consonancecapital.com/private-capital-for-the-middle-market/ She brings a wealth of healthcare industry knowledge and relationships to our team.. Consonance Capital Partners exclusively invests in middle-market health care companies via growth equity, leveraged buyouts and recapitalization transactions. Consonance Capital Partners Announces Partnership Promotions 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. Our success has not been overnight and is not a flash in the pan, Stavros continued. Angel, Fund of Funds, Venture Capital), General contact email for the organization. Consonance Capital Partners Closes Fund II, at $856M Consonance Capital Partners is a healthcare investment firm that invests broadly across the healthcare landscape. Consonance has been a great investor in Bonita Foods. 1370 6th Ave 33rd floor,New York, NY 10019, USA. Consonance Capital Partners Company Profile | Management and - Datanyze Their support, patience, coaching and strategic advice has been immensely felt in the growth of our business as we scale. We dont do roll-ups because of the negative impact it can have on quality and culture, and we arent growing for the sake of growing but instead we are focused on careful and strategic decisions with the idea of using business as a force for good to solve true societal challenges.. Psychiatric Medical Care is Recapitalized by Consonance Capital CCP's strategy is to deliver more than just capital to management teams by leveraging its relationships and resources to drive internal growth initiatives, operational improvements, and mergers & acquisitions. Mitchell Blutt, MD The fund was oversubscribed, surpassing its $350 million target and reaching its fundraising cap of $500 million. Team | Consonance Capital Partners It has ultimately made us better entrepreneurs. 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 Nancy-Ann DeParle. Consonance Capital Partners largest (disclosed) exit occurred in 2019 when it sold Corindus Vascular Robotics for $1.1B. Consonance Capital Partners exclusively invests in middle-market health care companies via growth equity, leveraged buyouts and recapitalization transactions. The Vistria Group one of health cares most active private equity investors invested $200 million in Sandstone Care, a multispecialty provider that focuses on teens and young adults and operates in Colorado, Illinois, Maryland and Virginia. Consonance Capital Partners (CCP) is a private equity manager focused exclusively on investing in the healthcare industry. Consonance Capital Partners | LinkedIn Portfolio | Consonance Capital Partners Portfolio Consonance seeks to partner with world-class management teams to build market leaders in subsectors that have high growth opportunities. has also provided us . Over the past several years, she has led the firms business development efforts and driven CCPs thematic sourcing model. Mitchell J. Blutt - Wikipedia The effort put in by the Consonance team to build a community among portfolio companies is invaluable, particularly given their experience as an indigenous investor. 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. 3y. United States To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. 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. 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. From the DD phase they were really transparent and respectful of our timelines. 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 The report noted that Embark had generated $40 million in EBITDA and retained Jefferies Group to aid in a sale. Rank: King Kong. 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. Co-Founder, Partner, CIO and Portfolio Manager. Benjamin Edmands | LinkedIn Consonance has been a partner of AFEX ever since they invested in our business in 2019. Name Country Fund Identification Number Fund Type Consonance Capital Partners, a healthcare-focused private equity fund, is also making an investment in the combined company. Consonance Capital Partners - Crunchbase Investor Profile & Investments 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. Consonance Capital Partners - Investments, Portfolio & Company Exits Vice President - Consonance Capital Partners - LinkedIn Go To Consonance Capital Management (Hedge Fund). Additionally, she holds a BAS in Biomedical Science from the University of Pennsylvania, School of Engineering & Applied Sciences and a BS in Economics with a concentration in Finance from the Wharton School. Vice President at Consonance Capital Partners New York, NY. One report reveals that the amount of capital put into youth behavioral health companies surged many times over in 2021. Portfolio | Consonance Capital Partners 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 It targets, with some exceptions, companies with between $25 million and $500 million in revenues, according to its website. Consonance Capital Partners is a healthcare-focused private investment firm focused on both public and private equity investing. Consonance Capital Partners, a NYC-based healthcare private equity firm, closed Consonance Private Equity II, L.P., at $856m. Its portfolio includes Nashville, Tennessee-based Psychiatric Medical Care, which specializes in managing psychiatric facilities and has a specialty in senior care. Embark Behavioral Health today operates 27 programs across 40 locations in 15 states. Invest in Consonance Capital Partners funds Hundreds of fund managers are currently fundraising on Palico. With health care investing experience extending over 30 years and across numerous economic cycles, the team has broad experience across multiple sub-sectors, including. Overall, Consonance really goes to great lengths for their founders and I hope our future fundraising experiences mirror what we have seen with them. 1370 6th Ave 33rd floor,New York, NY 10019, USA. Prior to joining CCP, he was an investment professional at JPMP, where Read More Sean Breen's Phone Number and Email Last Update 3/13/2023 2:30 PM Email s***@consonancecapital.com Engage via Email Contact Number 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"). The deal closed in September. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this. Key to the process is the identification of management teams who have a demonstrated ability to effectively navigate a highly complex and regulated industry. Consonance Capital, founded and led by CEO, Public life sciences investments are made under the direction of, Private equity investments, which include growth equity, leveraged buyouts, and recapitalizations, are made under the direction of. Embark Behavioral Health launched its virtual services late last year. Use tab to navigate through the menu items. The Consonance Capital platform was created in 2005. Consonance Capital Partners, Embark Behavioral Health, Housatonic Partners. Benny Soffer, MD. 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. Embark Behavioral Health focuses on building out comprehensive services in individual markets that health insurance plans will cover, Stavros said. CONSONANCE CAPITAL MANAGEMENT LP Top 13F Holdings Frankly speaking, a good VC is hard to find, but we found that in Consonance as we are aligned in our values, mission and vision of our business, APEX Group, Lot 15 A3, 1st Floor, Cybercity, Ebene 72201. It also offers services treating eating disorders and substance use issues. Consonance Capital Partners | Private Equity | Healthcare | New York Dr. Blutt completed his BA and MD degrees at the University of Pennsylvania and he Consonance Capital Partners | Palico Consonance Capital Partners 5 Portfolio companies, 5 Investments Leeba was a visionary leader who inspired new ways of thinking about care for the elderly and successfully executed those ideas. The team at CCP then systematically pursues opportunities within this framework that meet its core investment criteria. New York 1,091. Its business, but it feels like family. Consonance Capital Partners most common sectors for investment arehealthcare services (45%) and life science (34%) . To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Post raise, they have also been an invaluable resource from their contributions to strengthening our processes to their intros to other investors and operational leaders. Embark Behavioral Health is a fusion of four companies: Calo Programs, InnerChange Programs, New Vision Wilderness Programs and Potomac Pathways. contactus@consonancecapital.com. The Company offers consulting, investment management, leveraged buyouts, and recapitalizations services. 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 Closes $500MM Healthcare Private Equity Fund Representatives of both companies, including Embark Behavioral Health CEO Alex Stavros, declined to comment on the exact terms of the investment. In the last 3 years, Consonance Capital Partners has exited 1 company. Brian McCarthy Advisory Council Member at Patient Square Capital East Hampton, NY. Consonance Capital Partners - Recent News & Activity - Crunchbase 1370 Avenue of the Americas, 33rd Floor, Consonance Capital Partners Makes Investment to Support the Merger of Summit Medical Group and CityMD. He holds a bachelor's degree in communications from Brigham Young University and has been covering the health care sector since December 2016. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Manan Dadhania Private Equity Associate at Consonance . Mary Sobon VP of Finance at Consonance Capital . Consonance Capital Partners serves customers in the United States. Learn More. 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. It operates in 30 states and has partnerships with over 250 facilities. Nancy-Ann DeParle is a managing partner and co-founder of Consonance Capital Partners, a private equity firm focused on investing in innovative health care companies in the lower middle-market. Meet Our Partners. Use tab to navigate through the menu items. 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. Embark Behavioral Health treats preteens, teens and young adults struggling with anxiety, depression and other mental health conditions. 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. 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. Nancy-Ann DeParle is a managing partner and co-founder of Consonance Capital Partners, a private equity firm that focuses on investing in the U.S. health care industry. (212) 660-8060 Gabriel Oriente Principal at Ascend Partners United States. Having Consonance as our first institutional investor set us on the right path for success and growth. Apax Exits Kepro | Mergr M&A Deal Summary 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. Read More. 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. The Firms most common exit type is trade sale (80%). 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. Something went wrong while submitting the form. Axios reported in April 2022 that Embark Behavioral Health was up for sale. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Consonance Capital Partners ("CCP"), the private equity arm of Consonance Capital, a leading healthcare-focused investment firm, announced the final closing of its $500 million healthcare private equity fund. Consonance Capital, founded and led by CEO, Active, Closed, This describes the type of investor this organization is (e.g. Prior to joining CCP, Sapna held positions at Bessemer Venture Partners, in J.P. Morgans Healthcare Investment Banking Group, and at The Monitor Group. Go To Consonance Capital Management (Hedge Fund). Consonance Capital is a healthcare investment firm that invests broadly across the healthcare landscape. Stavros first became involved with Calo Programs in 2011 when Lia Capital Partners acquired a majority stake in Calo. consonance capital partners consonance capital consonance capital investors lp consonance capital management lp consonance capital partners lp consonancecapital Consonance Capital Partners participates in growth equity, leveraged buyout, and recapitalization transactions. The hunt for opportunity remains a daunting challenge amid recession fears and historic volatility. Not a one-size-fits-all approach, he emphasized. 1/6. Their team has been a great support to Releaf from critical introductions to tough feedback. When not at work, he enjoys spending time with his wife and two kids, cooking/baking and reading sci-fi and fantasy novels. To Consonance Capital Partners (Private Equity) More. 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. The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. Consonance Capital Partners LP - Company Profile and News She is a director of CVS Health and HCA, in addition to Consonance portfolio companies Enclara Pharmacia, Turn-Key Health, and Psychiatric Medicare Care. Public investments are made under the direction of Consonance Capital Management (CCM), a long/short public equity manager. We have built the organization deliberately, conservatively, and sustainably, not focused on the fads of the day, Stavros said in an email. Discover job postings and attract candidates across the post-acute and senior care continuum.