- DW Healthcare Partners (DWHP) announced it has closed $210 million for its Founders Fund.
DW Healthcare Partners (DWHP) – a healthcare-focused private equity firm – announced the closing of DW Healthcare Partners Small Cap, L.P. (Founders Fund) – which is a fund focused on lower middle market healthcare investments. This fund raised $210 million in total capital commitments. These new funds bring DWHP’s total capital under management to $1.3 billion.
DW Healthcare Partners is led by seasoned healthcare executives with over 120 years of combined industry experience. And the firm offers capital, strategic guidance, and acquisition expertise to help mid-stage companies grow and scale.
The Founders Fund will invest in companies that are $3 to 6 million USD EBITDA. And the fund currently has two investments: TubeWriter and DermLite.
KEY QUOTES:
“DWHP has been committed to identifying, building, and scaling small to medium sized healthcare companies for over twenty years. As we have raised larger funds, launching this dedicated smaller fund focused on small companies is a logical next step. This fund brings us back to our original roots. The Founders Fund has all the benefits of our firm-wide expertise, deep network of experienced operators and executives, and deal sourcing engine, which has over 66,000 healthcare companies in its database.”
— Andrew Carragher, Co-Founder and Managing Partner
“We believe that our deep industry knowledge and operational expertise will be of great value to the companies partnering with us through the Founders Fund. We are grateful that new and existing investors have entrusted us with pursuing these smaller organizations through the Founders Fund.”
— Managing Director Gabe Becher
