gtcr investment criteria

In 2020, GTCR closed on its thirteenth equity fund, GTCR Fund XIII, with $7.5 billion of limited partner capital commitments. GTCR LLC is a Chicago, Illinois -based private equity firm focused on leveraged buyout, leveraged recapitalization, growth capital and rollup transactions. The Company's capabilities include developing and supplying customized coatings formulations, performing coatings application services, and offering coatings equipment solutions. ", 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. 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. GTCR Announces Strategic Investment in Senske Services Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. GTCR LLC | 12,402 followers on LinkedIn. ", "Dr. Davis and the PathGroup team have done an incredible job of building PathGroup intoa unique, scaled lab services business with outstanding clinical services," said Sean Cunningham, Managing Director and Co-Head of Healthcare at GTCR. Watch the 40th Anniversary video Our Team A highly resourceful team of professionals with a relentless drive to get results. 1 Under the terms of the agreement, the purchase price is . The Company provides anatomic pathology, digital pathology, molecular diagnostic, and clinical testing services to physician groups and hospital systems across the Southeast and Midwest. Dr. Davis said "We are thrilled to announce this recapitalization with GTCR as our new majority shareholder and partner. paula.chirhart@blackstone.com, GTCR Contact: from 8 AM - 9 PM ET. 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. Sotera Health is an integrated global health solutions provider. Following its separation from Thoma Cressey (discussed above), GTCR has raised seven private equity funds totaling $20 billion in limited partner commitments: Language links are at the top of the page across from the title. info@gtcr.com. Since its inception, GTCR has invested more than $20 billion in over 250 companies. Already a subscriber? For more information, please visit www.gtcr.com. PDF Platforms Add-ons 14b+ The terms of the transaction were not disclosed. GTCR's investment will support the PathGroup management team as they continue to grow the Company through ongoing investments in the commercial and customer service organizations, organic expansion of the Company's laboratory footprint into Texas and other geographies, and strategic M&A to expand the Company's presence and service offerings. Which types of acquisition does this organization make most frequently. 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. [5][6] Golder Thoma & Cressey received much of its initial funding from William M. Blair and upon leaving First Chicago, Golder was replaced by John A. Canning, Jr. who would go on to found rival Chicago private equity firm Madison Dearborn. Kellie Kennedy, Harbinger Group GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. For office-specific contact information, please visit our our offices page. GTCR is a prolific health care investor, with at least 11 current health care portfolio companies and almost 50 past investments. In total, GTCR has invested in 31 US states and 5 different countries. +1-347-463-5453 Ci 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. GTCR Seeks $9.5 Billion for Newest Main Buyout Fund The buyout manager is looking to raise a fund that is nearly 27% larger than its predecessor as more institutional investors wrestle with. Jim TenBroek is a co-founder and Managing Partner of GCP. Which industries has this organization had the most exits in? We appreciate the support from Blackstone as we maintain our focus on these key constituents while growing the firms opportunity set., Mustafa M. Siddiqui, Head of Blackstones GP Stakes business said, GTCR has developed one of the most respected investment franchises in the private equity industry. 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. We appreciate the support from Blackstone as we maintain our focus on these key constituents while growing the firms opportunity set., Mustafa M. Siddiqui, Head of Blackstones GP Stakes business said, GTCR has developed one of the most respected investment franchises in the private equity industry. [3] In the 1970s, Golder built the private equity program at First Chicago Corp.[4] where he is noted primarily for backing Federal Express and for efforts as chairman of the National Venture Capital Association and the National Association of Small Business Investment Companies to change federal laws allowing pensions to invest in private equity. Park Place Technologies is an IT company that provided organizations around the globe with post-warranty maintenance and support solutions. The firm has a world-class group of leaders and investment professionals, a differentiated investment approach and a long history of success. For more information, please visit www.gtcr.com. By selecting the relevant option, you certify that it accurately reflects your residency. 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 . The fund supports GTCR's Leaders Strategy investment approach for smaller opportunities than those pursued by its most recent flagship fund, GTCR Fund XIII, which closed in 2020 with $7.5 . (if applicable) for The Wall Street Journal. Kirkland & Ellis served as legal counsel to GTCR and Fried Frank served as legal counsel to Blackstone. We are especially impressed with GTCRs strategy of investing in transformative growth behind talented executives. The company provides clients with the highest quality of services available, consistently exceeding the expectations of physicians, employees, payers, and most importantly, patients. You will be charged Follow us on LinkedIn. per informarci del problema. pour nous faire part du problme. CHICAGO, Nov. 10, 2020 /PRNewswire/ -- GTCR today announced the recent closing of its thirteenth equity fund, GTCR Fund XIII, with $7.5 billion of limited partner capital commitments.. GTCR Fund . GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. Existing Biocoat management and 1315 Capital, the selling equity sponsor, will retain minority stakes in the Company. . By submitting this request, you consent to receive email from Blackstone. 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. message, contactez-nous l'adresse 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. 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. 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. Founded in 1991, Biocoat is a leading provider of medical coatings products and services for medical devices in the fast-growing interventional sector. 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. This is a profile preview from the PitchBook Platform. On behalf of the Managing Directors of GTCR, Collin Roche and Dean Mihas released a statement: We are thrilled to have this opportunity to work with Blackstone as a passive minority investor in our firm. You will be notified in advance of any changes in rate or terms. GTCR Seeks $9.5 Billion for Newest Main Buyout Fund - WSJ Private Equity Round - Senske Lawn & Tree Care, Private Equity Round - Visionary Broadband, Private Equity Round - PPC Flexible Packaging, Private Equity Round - Global Claims Services, Private Equity Round - Jet Support Services, Private Equity Round - Antylia Scientific, Diversity Spotlight (US Headquarters Only), Private Equity Round - Vector Laboratories, Wells Fargo Asset Management acquired by GTCR, Total number of diversity investments made by an investor. Blackstone Announces Significant Investment in Simpli.fi, a Leading 300 N. LaSalle Street, Suite 5600, kelliek@theharbingergroup.com, Internet Explorer presents a security risk. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. Caso continue recebendo esta mensagem, Contact Information Website www.gtcr.com Formerly Known As Golder, Thoma, Cressey, Rauner Year Founded 1980 Investor Status Actively Seeking New Investments Trade Association Illinois Venture Capital Association (IVCA2) Private Equity Council (PEC) About. Maravai is a life sciences company providing critical products to enable the development of drug therapies, diagnostics, novel vaccines. 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. 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. Lamentamos pelo inconveniente. In 1978, the US Labor Department relaxed certain of the ERISA restrictions, under the "prudent man rule," a fiduciary responsibility of investment managers under ERISA. Please help us protect Glassdoor by verifying that you're a For press inquiries, contact[emailprotected]. GTCR, a leading private equity firm, announced today that it has made a majority investment in PathGroup Holdings LLC ("PathGroup" or the "Company") in partnership with founder and CEO Ben Davis, MD and the PathGroup management team, who have made a substantial reinvestment in the Company. Aydanos a proteger Glassdoor verificando que eres una persona real. 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. Follow us on LinkedIn. CHICAGO and NASHVILLE, Tenn., May 13, 2022 /PRNewswire/ --. AssuredPartners is an insurance brokerage firm. The firm principally invests in high-growth industries, including financial services & technology, healthcare, information services & technology, and growth business services. 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. You may cancel your subscription at anytime by calling 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. mega-sized private equity firm investors just like it. Vivid Seats operates as an online ticket marketplace that connects fans with event ticket sellers. 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. For more information, please visitwww.gtcr.com. Jim Tenbroek Growth Catalyst Partners Since its inception, GTCR has invested more than $20 billion in over 250 companies. We are especially impressed with GTCRs strategy of investing in transformative growth behind talented executives. The Company is focused on developing highly technical, customized coating formulations critical to medical device performance. RevSpring is a provider of revenue cycle technology services offering data analytics, multi-channel customer communications. 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. GTCR Appoints Don McDonough to Lead Business Development for its Allspring Global Investments Commences Operations As an Independent 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. GTCR - Investments, Portfolio & Company Exits - CrunchBase GTCR is funded by Blackstone Group. Biocoat's custom hydrophilic coatings are lubricious, abrasion resistant, biocompatible and can be applied to a wide range of polymeric and metallic substrates. Customer Service. 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]. Wir entschuldigen uns fr die Umstnde. 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. The Firms most common investment types include secondary buyout (24%) and stake purchase (21%). 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. GTCR has had 23 exits. The fund supports GTCR's Leaders Strategy investment approach for smaller opportunities than those pursued by its most recent flagship fund, GTCR Fund XIII, which closed in 2020 with $7.5 . CHICAGO, Oct. 31, 2022 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the promotion of Luke Marker, Stephen Master and KJ McConnell to Managing Director. Cloud-based e-commerce merchandising, demand generation and order fulfillment platform for retailers and brands. GTCR Announces Strategic Investment from Blackstone GP Stakes GTCR has acquired 40 organizations. About GTCRFounded 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, Media & Telecommunications industries. Als u dit bericht blijft zien, stuur dan een e-mail 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. Ironshore Insurance provides broker-sourced specialty property and casualty insurance coverages for varying risks. GTCR is based in Chicago with offices in New York and West Palm Beach. Sean Cunningham, GTCR Managing Director and Co-Head of Healthcare, added: "This investment demonstrates GTCR's continued commitment to The Leaders Strategy, as we find ways to partner with experienced management teams. Since its inception, GTCR has invested more than $20 billion in over 250 companies. Since its inception, GTCR has invested more than $20 billion in over 250 companies. GTCR Chicago Private Equity Firm Our Team The Leaders Strategy Investments News Contact LP Login Search Watch Now A Leader in Private Equity for over 40 Years. GTCR has made 42 investments. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. GTCR Closes $7.5 Billion Investment Fund - PR Newswire We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them. 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"). Leaders Strategy Investment to Support Growth and Expansion of Biocompatible Medical Device Coatings Provider. Se continui a visualizzare enva un correo electrnico a 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. Evercore served as financial advisor to GTCR. If you continue to see this In the last 3 years, GTCR has acquired 12 companies. Private Equity Health Care Acquisitions - March 2021 Type: Company - Private. Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. GTCR LLC | LinkedIn CONTACT: Kellie Kennedy, [emailprotected], 312-933-4903, Cision Distribution 888-776-0942 For more information, please visit www.gtcr.com. verdade. 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. an. "Jim Moran and the Biocoat team have built an exciting platform company," said Chip Hance. GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. Si continas viendo este mensaje, para informarnos de que tienes problemas. These three. Leaders Strategy Investment to Support Growth and Expansion of Biocompatible Medical Device Coatings Provider. About PathGroupFounded in 1965, PathGroup is a premier provider of anatomic, clinical, molecular, and digital pathology services in the United States. One Lab; Total Service. Contact:Kellie Kennedy312-933-4903kelliek@theharbingergroup.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/gtcr-announces-investment-in-biocoat-301665671.html, Plus500. 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. The company was founded in 1980 as Golder Thoma & Co. by Stanley Golder, Carl Thoma, and Bryan Cressey.

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