Leavitt Equity Partners: Empowering Healthcare Innovation with $180 Million Fund III

In a groundbreaking announcement, Leavitt Equity Partners (LEP) has successfully closed its third fund, Leavitt Equity Partners III (LEP III), raising over $180 million. This impressive achievement surpasses the initial target of $150 million and underscores the strong support from both existing and new investors.

LEP III has a diverse Limited Partner base, consisting primarily of strategic healthcare partners, insurance companies, foundations, and family offices. This broad range of investors reflects the widespread recognition of LEP's expertise and potential for success in the healthcare sector.

As a value-add private equity firm, LEP focuses specifically on healthcare investments. LEP III will enable LEP to continue its mission of investing in lower middle market healthcare companies that offer innovative services, care models, and technologies. The ultimate goal is to revolutionize healthcare by providing lower costs, better quality, and improved access for patients.

Taylor Leavitt, LEP's Managing Partner and CEO, expressed his delight with the outcome of the fundraise, stating, "We are delighted with the outcome of this fundraise and the strong support from both existing and new investors." This achievement reinforces the confidence in LEP's vision and the credibility of their investment strategy.

Andrew Clark, LEP's Managing Partner, emphasized the strategic advantage that LEP brings to the table, saying, "We believe our ability to bring deep healthcare policy and strategic expertise enables significant growth potential for our portfolio companies as we look to support a more value-driven healthcare future." LEP's commitment to leveraging their extensive knowledge and experience in the healthcare industry sets them apart and positions them as a leading force in healthcare investment.

One notable highlight of LEP III's formation was the involvement of legal advisors Dorsey & Whitney. Their expertise undoubtedly played a crucial role in the successful establishment of the fund. The collaboration between Leavitt Equity Partners and Dorsey & Whitney is a testament to LEP's commitment to excellence and their dedication to navigating the complexities of the private equity landscape.

About Leavitt Equity Partners

Founded in 2014 by Michael Leavitt, former United States Secretary of the Department of Health and Human Services, Leavitt Equity Partners is a value-add, healthcare-focused private equity firm. With over $400 million in managed capital, LEP has proven expertise in identifying promising investment opportunities in the healthcare sector.

LEP's Principals leverage their extensive healthcare intelligence and a broad network to provide guidance and support to portfolio companies. This comprehensive approach helps these companies thrive in the ever-changing healthcare landscape.

LEP's investor base primarily consists of strategic healthcare partners, including healthcare provider systems, national and regional health insurers, healthcare service providers, healthcare IT companies, pharmaceutical companies, and healthcare executives and entrepreneurs. This diverse group of investors further strengthens LEP's ability to drive forward healthcare innovation.

Conclusion

With the successful closure of Leavitt Equity Partners III, Leavitt Equity Partners has solidified its position as a leading private equity firm in the healthcare sector. The funds raised will empower LEP to continue investing in innovative healthcare companies and catalyze the much-needed transformation of the healthcare industry.

Through strategic expertise and a vast network of partners, LEP is well-positioned to drive meaningful change, offering lower costs, better quality, and improved access to healthcare services. As the healthcare landscape continues to evolve, Leavitt Equity Partners remains at the forefront, committed to shaping a value-driven and patient-centric future.

For more information about Leavitt Equity Partners, please visit their website at www.leavittequity.com.