gtcr investment criteria
Jim TenBroek is a co-founder and Managing Partner of GCP. 2023 PitchBook. Sectors of Interest: Aerospace, Business Services, Communications, Consumer Products, Consumer Services, Defense, Education, Electronics, Financial Services, Food, Healthcare Services, Information Technology, Insurance, Leisure, Life Science, Marketing, Media, Medical Products, Safety/Security, Software, Technology Hardware, Transportation, Utilities, Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Going Private, Growth Capital, Recapitalization, Stake Purchase, Geographic Preferences: East US, Midwest US, South US, West US. The company was founded in 1980 as Golder Thoma & Co. by Stanley Golder, Carl Thoma, and Bryan Cressey. Aydanos a proteger Glassdoor verificando que eres una persona real. By selecting the relevant option, you certify that it accurately reflects your residency. GTCR Fund XII, the firm's largest fund to date, with $5.25 billion of limited partner equity capital commitments. We are especially impressed with GTCRs strategy of investing in transformative growth behind talented executives. In the last 3 years, GTCR has exited 9 companies. Please enable Cookies and reload the page. Since 1980, GTCR has reportedly invested more than $15 billion in over 200 companies. GTCR has made 42 investments. Biocoat's custom hydrophilic coatings are lubricious, abrasion resistant, biocompatible and can be applied to a wide range of polymeric and metallic substrates. The Company's capabilities include developing and supplying customized coatings formulations, performing coatings application services, and offering coatings equipment solutions. About BlackstoneBlackstone is the worlds largest alternative asset manager. Biocoat's custom hydrophilic coatings are lubricious, abrasion resistant, biocompatible and can be applied to a wide range of polymeric and metallic substrates. All rights reserved. ", Ben Daverman, Managing Director and Co-Head of Healthcare at GTCR, added: "This represents another example of GTCR executing our unique Leaders StrategyTM investment approach of partnering with outstanding managers to identify opportunities in sectors we have deep experience in. The firm became Golder Thoma & Cressey in 1984, and with the promotion of Bruce Rauner to partner the firm would come to be known as Golder, Thoma, Cressey, Rauner, Inc. (GTCR), although it would still often be referred to as Golder Thoma.[7]. RevSpring is a provider of revenue cycle technology services offering data analytics, multi-channel customer communications. real person. Follow Blackstone on Twitter @Blackstone. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. +1-312-933-4903 I have known the GTCR team for nearly a decade and we share a common vision and commitment to building PathGroup into a larger, more diversified business that can better serve our providers and their patients. Mr. Hance also spent more than 20 years in senior leadership roles at Abbott Laboratories, culminating with his role as President of Abbott's Vascular division, building it into a global leader in interventional cardiology with more than $3 billion in revenues. I have been personally gratified to develop rapport with the GTCR team, and we look forward to our long-term partnership., Ward Young, GP Stakes Managing Director added, Our top priority is to partner with the most successful general partners in private equity. Park Place Technologies is an IT company that provided organizations around the globe with post-warranty maintenance and support solutions. As part of GTCRs Leaders StrategyTM, we seek to identify and partner with talented, accomplished executives with whom we work collaboratively to build and grow our portfolio companies. Win whats next. Follow us on LinkedIn. In 2020, GTCR closed on its thirteenth equity fund, GTCR Fund XIII, with $7.5 billion of limited partner capital commitments. Since its inception, GTCR has invested more than $24 billion in over 270 companies, and the firm currently manages over $27 billion in equity capital. Kirkland & Ellis served as legal counsel to GTCR and Fried Frank served as legal counsel to Blackstone. Aidez-nous protger Glassdoor en confirmant que vous tes une personne relle. Beyond providing capital and financial acumen, with deep sector expertise, GTCR utilizes its depth of resources and passion to drive results to help companies grow into industry leaders. GTCR has had 23 exits. para informarnos de que tienes problemas. TheChicago-based firm pioneered The Leaders Strategy - finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. GTCR has a longstanding relationship with Mr. Hance, having originally partnered with him to form Regatta Medical in 2017 as a Leaders Strategy partnership to pursue opportunities in the medical device industry and acquired Resonetics, a leading medical device contract manufacturer, in February 2018. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. Sign In. naar Our $684 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. It has also invested in 2 others. Follow us onLinkedIn. 300 N. LaSalle Street, Suite 5600, CHICAGO, Nov. 2, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has made a strategic, majority investment in Biocoat Holdings, LLC ("Biocoat" or the "Company"). Chicago, Finally, we have a talented group of investment professionals and staff, and we are dedicated to providing our team with the most opportunity for professional growth and impact, while working in a collaborative and inclusive environment. PitchBooks data visualizations quickly surface an investors historical investmentsshowing a breakdown of activity by industry, year and region. The firm principally invests in high-growth industries, including financial services & technology, healthcare, information services & technology, and growth business services. M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. Learn more at www.biocoat.com. Wenn Help ons Glassdoor te beschermen door te verifiren of u een persoon bent. Ci Industry: Investment & Asset Management. If you continue to see this $ + tax GTCR's checkered history in health care raises questions . "We look forward to investing in the business, further building out its scale and capabilities and becoming an increasingly valuable partner to our growing base of customers.". para nos informar sobre o problema. When typing in this field, a list of search results will appear and be automatically updated as you type. Its largest (disclosed) acquisition occurred in 2021 when it acquired Wells Fargo Asset Management for $2.1B. +1-347-463-5453 About GTCRFounded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Growth Business Services, Healthcare, and Technology, Media & Telecommunications industries. Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Business & Consumer Services, Financial Services & Technology, Healthcare, and Technology, and Media & Telecommunications industries. Both firms continue to invest primarily through consolidations of specific industries, referred to as roll-ups: GTCR invests through a series of private limited partnerships and its investors include a variety of pension funds (e.g., Washington State Investment Board,[12] Pennsylvania State Employee's Retirement System[13]) endowments and other institutional investors. The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has signed a definitive agreement with GTCR to sell Lexipol, a provider of policy management, training and wellness software for public safety organizations and local government customers. The partnership will provide GTCRs portfolio companies with access to Blackstones group purchasing program, which leverages the buying power of the $150 billion revenue base across Blackstones entire investment platform. Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Prior to partnering with GTCR, Mr. Hance served as Chief Executive Officer of Creganna Medical, a leading supplier of contract manufacturing services for medical devices, where he significantly grew the business via acquisitions and organic growth before completing a successful sale of the company in 2016 to TE Connectivity. To view recent press releases,click here. GTCR has acquired 40 organizations. Lamentamos pelo inconveniente. Blackstones GP Stakes business specializes in value-added, long-term partnerships with leading private-market alternative asset management firms. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, GTCR Becomes Signatory to United Nations-Supported Principles for Responsible Investment. Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. As part of GTCRs Leaders StrategyTM, we seek to identify and partner with talented, accomplished executives with whom we work collaboratively to build and grow our portfolio companies. message, contactez-nous l'adresse Founded in 1991, Biocoat is a leading provider of medical coatings products and services for medical devices in the fast-growing interventional sector. Over the past 31 years, Biocoat has developed a diverse base of both blue-chip and emerging medical device customers, a highly experienced team of engineers and scientists, and state-of-the-art manufacturing and R&D facilities. verdade. GTCR has raised a total of $20.5B across 5 funds, their latest being GTCR Strategic Growth Fund. Evercore served as financial advisor to GTCR. In total, GTCR has invested in 31 US states and 5 different countries. Mr. Hance also spent more than 20 years in senior leadership roles at Abbott Laboratories, culminating with his role as President of Abbott's Vascular division, building it into a global leader in interventional cardiology with more than $3 billion in revenues. Dr. Davis said "We are thrilled to announce this recapitalization with GTCR as our new majority shareholder and partner. Under the revised 1978 interpretation, the concept of portfolio diversification of risk, measuring risk at the aggregate portfolio level rather than the investment level to satisfy fiduciary standards would also be accepted. As part of The Leaders Strategy, GTCR will again partner with industry veteran Chip Hance, the current Chairman of GTCR portfolio company Regatta Medical Holdings, LLC (d/b/a "Resonetics"), who will join Biocoat as Executive Chairman. Since its inception, GTCR has invested more than $20 billion in over 250 companies. For press inquiries, contact [emailprotected]. Get the full list, Youre viewing 5 of 216 team members. GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. Blackstone is an exceptional institution and we expect they will bring resources and perspective that will help us as we continue to serve our limited partners, build our franchise and invest our funds over the long term. Paula Chirhart For more information, please visit www.gtcr.com. Lamentamos CONTACT: Kellie Kennedy, [emailprotected], 312-933-4903, Cision Distribution 888-776-0942 ein Mensch und keine Maschine sind. Their most recent investment was on Dec 16, 2022, when Senske Lawn & Tree Care raised GTCR has invested in Vector Laboratories on Dec 16, 2022. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, GTCR Becomes Signatory to United Nations-Supported Principles for Responsible Investment. You will be notified in advance of any changes in rate or terms. For information on our privacy practices see our Privacy Policy. GTCR Golder Rauner is a privately held investment firm that focuses on such industries as financial services, health care, technology, and . CHICAGO and NASHVILLE, Tenn., May 13, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today that it has made a majority investment in PathGroup Holdings LLC ("PathGroup" or. These three. 60654 GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products. Get the full list, Riverchase Dermatology and Cosmetic Surgery, Youre viewing 5 of 255 exits. Finally, we have a talented group of investment professionals and staff, and we are dedicated to providing our team with the most opportunity for professional growth and impact, while working in a collaborative and inclusive environment. This website uses cookies, including third-party cookies, in order to obtain information about your visit to the website and make this website better. I have been personally gratified to develop rapport with the GTCR team, and we look forward to our long-term partnership., Ward Young, GP Stakes Managing Director added, Our top priority is to partner with the most successful general partners in private equity. Since 2018, equity firm GTCR has been included on a list of defendants on a long and growing list of personal injury lawsuits related to alleged toxic emissions from the Sterigenics facility in west suburban Willowbrook. Multiple GTCR health care companies have made headlines for lawsuits alleging cancer-causing emissions, poor medical care, billing fraud, and other issues. Chicago-based private equity firm GTCR is considering a sale of TerSera Therapeutics LLC that could value the specialty pharmaceutical company at more than $1 billion, according to people familiar . Si continas viendo este mensaje, Follow us on LinkedIn. About GTCR Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Healthcare, Financial Services & Technology, Technology, Media . The Chicago-based firm pioneered The Leaders Strategy finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. We are sorry for the inconvenience. Switchboard: +1 (212) 583-5000. We've known Dave King and Ben Davis for a long time and are excited to partner with them and support the Company in its next chapter of growth.". [2] As of 2021, the firm has more than 80 employees, including over 40 investment professionals. Otherwise, we will assume you're OK to continue. 1 Under the terms of the agreement, the purchase price is . PathGroup supports more than 4,000 physician practices and more than 200 hospital customers with diversified lab testing services, high-touch customer service and fast turnaround times. Going forward, the existing Biocoat management team, led by CEO Jim Moran, will continue in their existing roles executing on Biocoat's growth initiatives in partnership with GTCR. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. GTCR will also have access to a wide range of other services Blackstone provides internally and to its portfolio companies that leverage Blackstones scale and expertise, including its ESG, sustainability, human capital management, cybersecurity, and product development capabilities. medium-sized businesses in the United States and Canada. GTCR 300 N. LaSalle Street, Suite 5600, Chicago, Illinois 60654 United States (312) 382-2200 www.gtcr.com info@gtcr.com Profile M&A Activity (207) Portfolio (131) Team (41) Offices (1) M&A Connections (79) M&A Advisors (41) Analytics GTCR is a private equity firm that typically partners with management when pursuing acquisitions. We do this by using extraordinary people and flexible capital to help companies solve problems. Which industries has this organization most actively invested in? Further information is available at www.blackstone.com. GTCRs most common sectors for investment arehealthcare services (16%) and information technology (12%) . GTCR is a prolific health care investor, with at least 11 current health care portfolio companies and almost 50 past investments. How many investments has this organization made over time? Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. The Chicago-based firm pioneered The Leaders Strategy finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Simpli.fi is a demand side platform transforming unstructured data elements to valuable factors that aid in decision making. Prior to partnering with GTCR, Mr. Hance served as Chief Executive Officer of Creganna Medical, a leading supplier of contract manufacturing services for medical devices, where he significantly grew the business via acquisitions and organic growth before completing a successful sale of the company in 2016 to TE Connectivity. The firm has a world-class group of leaders and investment professionals, a differentiated investment approach and a long history of success. Revenue: $500 million to $1 billion (USD) Competitors: Allston Trading, Infinium Capital Management, Rothschild & Co. Founded in 1991 and headquartered in Horsham, Pennsylvania, Biocoat is a leading medical device contract manufacturing organization ("CMO"), specializing in custom, biocompatible hydrophilic coatings for interventional medical devices. Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. Which industries has this organization had the most exits in? Kellie Kennedy, Harbinger Group Learn more at www.biocoat.com. Since its inception, GTCR has invested more than $24 billion in over 270 companies, and the firm currently manages over $27 billion in equity capital. GTCR has a longstanding relationship with Mr. Hance, having originally partnered with him to form Regatta Medical in 2017 as a Leaders Strategy partnership to pursue opportunities in the medical device industry and acquired Resonetics, a leading medical device contract manufacturer, in February 2018. As part of The Leaders Strategy, GTCR will again partner with industry veteran Chip Hance, the current Chairman of GTCR portfolio company Regatta Medical Holdings, LLC (d/b/a "Resonetics"), who will join Biocoat as Executive Chairman. Nous sommes dsols pour la gne occasionne. an. GTCR was formed in 1980 and is based in Chicago, Illinois. For press inquiries, contact[emailprotected]. In the last 3 years, GTCR has acquired 12 companies. excuses voor het ongemak. For more information, please visit www.gtcr.com. This platform enables the Company to work with its customers across a wide range of interventional products and medical device segments, including neurovascular, ophthalmology, cardiovascular and other interventional specialties. Follow GTCR on www.linkedin.com/company/gtcr-llc/. Customer Service. Based in Nashville, Tennessee, PathGroup is one of the largest independent laboratories in the United States. . Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Growth Business Services, Healthcare, and Technology, Media & Telecommunications industries. Type: Company - Private. Our top priority at GTCR has always been to serve our limited partners by working to generate strong and consistent investment returns through the disciplined application of our investment strategy. We are pleased to support GTCRs ongoing success.. We are pleased to support GTCRs ongoing success.. Since its inception, GTCR has invested more than $20 billion in over 250 companies. Join Mergr to view GTCRs full profile and discover more We do this by using extraordinary people and flexible capital to help companies solve problems. CHICAGO and NASHVILLE, Tenn., May 13, 2022 /PRNewswire/ --. Evercore served as financial advisor to GTCR. questo messaggio, invia un'email all'indirizzo This information is available in the PitchBook Platform. "We look forward to investing in the business, further building out its scale and capabilities and becoming an increasingly valuable partner to our growing base of customers.". to let us know you're having trouble. For more information, please visitwww.gtcr.com. GTCR LLC is setting a higher goal for its latest flagship buyout fund despite a challenging fundraising environment. Create Comparison. Under the original application, each investment was expected to adhere to risk standards on its own merits, limiting the ability of investment managers to make any investments deemed potentially risky. For more information, visit pathgroup.com. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de This was a Private Equity round raised on Jul 27, 2021. 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. Privately held and physician-centric, PathGroup works seamlessly with customers to provide superior diagnostic services a vital link in the cycle of patient relationships. Als u dit bericht blijft zien, stuur dan een e-mail CHICAGO, Jan. 26, 2022 /PRNewswire/ -- GTCR, a leading private equity firm founded in 1980, today announced the recent closing of its first Strategic Growth Fund with $2 .0 billion of limited. GTCRs largest (disclosed) exit occurred in 2020 when it sold Optimal Blue for $1.8B. envie um e-mail para Aydanos a proteger Glassdoor y demustranos que eres una persona real. Get the full list, Morningstar Institutional Equity Research, Co-Chief Executive Officer & Managing Director, Chief Financial Officer & Managing Director, Chief Information Security Officer & Managing Director, Managing Director and Co-Head of Healthcare. Please help us protect Glassdoor by verifying that you're a The proposed transaction is expected to close in the fourth quarter of this year, subject to the . Our top priority at GTCR has always been to serve our limited partners by working to generate strong and consistent investment returns through the disciplined application of our investment strategy. Since Mr. TenBroek joined as a Managing Director in 1997, Wind Point grew from $150 million of . GTCR 's most notable exits include Vivid Seats , Maravai Life Sciences , and Gogo. To view recent press releases, click here. Since its inception, GTCR has invested more than $20 billion in over 250 companies. from 8 AM - 9 PM ET. Already a subscriber? The Company is focused on developing highly technical, customized coating formulations critical to medical device performance. Blackstones GP Stakes business specializes in value-added, long-term partnerships with leading private-market alternative asset management firms. Chicago, IL and New York, NY July 27, 2021 GTCR LLC and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstones GP Stakes business will acquire a minority ownership interest in GTCR. PathGroup uses the latest in proprietary and industry standard technology to deliver fast, accurate results. Blackstone Contact:Paula Chirhart+1-347-463-5453[emailprotected], GTCR Contact:Kellie Kennedy, Harbinger Group+1-312-933-4903[emailprotected].
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