Blue Wolf Capital Partners, a middle-market private equity firm specializing in the industrial and healthcare sectors, announced that David Hecht will join the firm as an operating partner. At the firm, Hecht will specialize in healthcare investments.
Hecht most recently worked as the chief financial officer and chief strategy officer at RHA Health Services, a leading provider of healthcare services for individuals with intellectual and developmental disabilities and mental health challenges.
Hecht joined a roster of respected and seasoned operating partners at Blue Wolf with deep experience in the healthcare and industrial sectors. In his new role, Hecht will advise the firm on new healthcare investments and offer strategic and operational counsel to Blue Wolf’s portfolio companies in the healthcare sector.
Before joining Blue Wolf, Hecht spent seven years at RHA Health Services. In that role, he led the company’s finance and capital markets function and helped drive the company’s expansion into multiple new markets through acquisition and organic growth. Before RHA, Hecht served as a senior vice president at Formation Capital, a vice president at Healthpro Heritage, and a management consultant at Oliver Wyman, among other roles.
Hecht graduated from Princeton University with an A.B. in Politics and received an M.B.A. from the Wharton School at the University of Pennsylvania with a concentration in Healthcare Management.
KEY QUOTES:
“David was a transformative member of the management team at RHA and will bring strategic thinking and creative problem-solving to his new role. At Blue Wolf, we remain focused on building our outstanding, integrated team of veteran operating partners and investment professionals. The addition of a proven leader like David reflects our commitment to ensuring we have the operational expertise and sector knowledge necessary to navigate even the most complex issues affecting the industries in which we invest.”
– Jeremy Kogler, Managing Partner at Blue Wolf Capital
“I am excited to join the talented team at Blue Wolf. Having worked closely with Blue Wolf for nearly five years, I have seen their ability to identify differentiated investments and to create value in their portfolio companies through operational excellence. The healthcare sector presents a wide range of opportunities to invest in businesses that improve health outcomes, deliver a better patient experience, and employ and grow a critical workforce. In pursuit of these goals, I look forward to collaborating with Blue Wolf’s investment team and portfolio company management in my new role.”
– David Hecht
