DFW Capital Partners completed a growth deal in Regulatory and Quality Solutions, which provides consulting and engineering services for medical devices, IVDs and combination products. DFW made the investment in partnership with Chartwell Investments Entrepreneur & Founder Capital.
DFW Capital Partners (“DFW”), in partnership with Chartwell Investments Entrepreneur & Founder Capital (“Chief Capital”), announced today that it has completed a growth investment in Regulatory and Quality Solutions (“R&Q”), a leading provider of regulatory and quality consulting and engineering services for medical devices, IVDs, and combination products. Founded in 2008 and headquartered in Monroeville, PA, R&Q has advised more than 250 clients across more than 1,000 projects with a diverse array of service offerings including worldwide regulatory affairs, quality systems, clinical evaluations, design assurance, product quality, large remediations, and post-market surveillance. This investment will accelerate R&Q’s growth trajectory as it continues to expand upon its industry-leading capabilities and reach.
Joining the R&Q Board will be DFW Operating Partner Kurt Brykman, who possesses deep regulatory consulting experience, previously serving in leadership roles with PAREXEL Consulting, Kinapse and Medpace. R&Q is DFW’s second portfolio investment in its newest fund, DFW Capital Partners VI, LP, which held its final closing in April 2019 with $500 million in aggregate commitments.
Maria Fagan, Co-Founder and CEO of R&Q, said “R&Q found great alignment with DFW and Chief Capital from a growth, leadership and culture perspective, and we are thrilled to partner with their teams.” Lisa Casavant, Co-Founder and Chief Strategy Officer added “We are excited for the growth opportunities that this partnership brings to the R&Q team.”
DeVer Warner, Principal at DFW, added “R&Q has built an impressive team and a market-leading position with a strong culture of quality and technical expertise in meeting the increasingly complex needs of its medical device clients. We are incredibly excited to partner with the R&Q team to support its continued rapid growth.” Mike Shein, Managing Partner at Chief Capital added, “the R&Q investment exemplifies our strategy of partnering with founder-owned companies to help accelerate their growth and we are so pleased to join the R&Q team.”
About DFW Capital Partners (www.dfwcapital.com)
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW has established a 20+ year track record of success in both building leading companies and recognizing attractive returns for its investors. DFW is headquartered in Teaneck, New Jersey and maintains an office in Chevy Chase, Maryland.
About Chartwell Investments Entrepreneur & Founder Capital (www.chiefcap.com)
Chief Capital is a private investment firm providing flexible private equity for entrepreneurs and family-owned businesses with 40+ years of experience, more than $250 million in equity deployed, and 7 platform companies. Chief Capital partners with management owners to help realize their visions and provide long-term capital, resources, and expertise to accelerate growth and provide generational liquidity. Chief Capital focuses on niche lower middle market companies with emphasis on healthcare services, business services and niche manufacturing segments.