DW Healthcare Partners collects $295 mln for fourth fund

DW Healthcare Partners has raised $295 million for its fourth healthcare focused-fund. Credit Suisse was the placement agent.


TORONTO, March 29, 2017 /PRNewswire/ — DW Healthcare Partners, a private equity firm focused exclusively on the healthcare industry, announced today the closing of its fourth fund totaling USD $295 million in total capital commitments. This brings DW Healthcare Partners’ total capital under management to USD $800 million.

“We are very appreciative of the support we received from both previous and new investors in this fund. We believe this strongly validates our differentiated investment and sourcing model,” said DW Healthcare Partners’ Co-Founder and Managing Partner, Andrew Carragher.

DW Healthcare Partners has invested in over 26 platform companies and 38 add-ons since 2003. Many of these investments have been sourced through its internal sourcing process, which involves a team of six professionals continuously working to refine and build out its proprietary database of over 30,000 healthcare companies. DW Healthcare Partners has a team of more than 25 professionals across two offices located in Toronto, Canada and Park City, Utah.

DW Healthcare Partners Fund IV, L.P. (“Fund IV”) will deploy the same investment strategy, as prior funds, of partnering with founders of exceptional healthcare companies and of providing its deep industry knowledge and operational expertise to build and accelerate growth. Fund IV currently has two platform investments, Edge Systems and PRIME Education, Inc.
Credit Suisse acted as DW Healthcare Partners’ exclusive placement agent.

About DW Healthcare Partners
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over USD $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 details, please visit our website at www.dwhp.com.