DW Healthcare Partners (DWHP) has invested in SoClean Inc, an Oxford, Massachusetts provider of sleep apnea cleaning solutions. No financial terms were disclosed. Founded in 2011, SoClean offers a direct-to-consumer in-home cleaning device for CPAP equipment that improves health outcomes for people suffering from sleep apnea and other sleep disorders. It will use the partnership with DWHP to pursure an “aggressive growth strategy.” DWHP, a Toronto-based healthcare private equity firm, earlier this year raised US$295 million for this fourth fund.
DW Healthcare Partners Invests in SoClean, Inc.
Toronto, ON – December 21st, 2017 – DW Healthcare Partners (“DWHP”), a healthcare-focused private equity firm, is pleased to announce an investment in SoClean, Inc. (“SoClean”) of Oxford, Massachusetts.
SoClean offers a direct-to-consumer in-home cleaning device for CPAP machines that improves health outcomes and quality of life for those suffering from obstructive sleep apnea (“OSA”) and other sleep disorders.
Andrew Carragher, Co-Founder and Managing Partner of DWHP, said, “SoClean has revolutionized the way that CPAP machines are cleaned. We are excited to back a product that provides such substantial value to its users.”
“We believe that DWHP is the ideal partner to take SoClean to the next level,” said Robert Wilkins, CEO of SoClean. “We believe an aggressive growth strategy can provide improved health worldwide to those suffering from OSA.”
About DW Healthcare Partners
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $800 million in committed capital and invests in profitable healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-to-late-stage companies realize their potential for growth. For more information, please visit: www.dwhp.com.
Photo courtesy of SoClean Inc