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Health Enterprise Partners

North America, New York, United States, New York

Description

Health Enterprise Partners (HEP) is a distinguished private equity firm based in New York, specializing exclusively in the healthcare sector. The firm targets companies within healthcare services and healthcare information technology, seeking to partner with businesses that demonstrate strong growth potential and innovative solutions. HEP's investment philosophy centers on providing capital and strategic support to accelerate the development of its portfolio companies, aiming to build market-leading enterprises within the complex healthcare ecosystem.

HEP primarily engages in growth equity investments, recapitalizations, and buyouts. The firm's typical equity check size ranges from $20 million to $70 million per transaction, although they possess the flexibility to participate in larger deals through co-investment structures. This strategic flexibility allows HEP to support a diverse range of companies, from established businesses seeking expansion capital to management teams looking for a strategic partner in a buyout scenario. Their approach emphasizes collaborative partnerships with management, leveraging their deep industry expertise and network to drive operational improvements and market expansion.

With a history of successful fundraises, including the closing of Health Enterprise Partners V at $650 million in 2022, HEP demonstrates significant capital capacity and a sustained commitment to the healthcare market. The firm's long-term vision is focused on creating enduring value by supporting companies that address critical needs and inefficiencies within healthcare. Their value-add extends beyond capital, encompassing strategic guidance, operational best practices, and access to a broad network of industry relationships, all designed to foster sustainable growth and enhance enterprise value for their portfolio companies.

Investor Profile

Health Enterprise Partners has backed more than 36 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 47% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Private Equity rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Health Care, Medical, Wellness.
  • Typical check size: $20M – $70M.

Stage Focus

  • Series A (33%)
  • Series B (19%)
  • Private Equity (19%)
  • Series Unknown (14%)
  • Series C (11%)
  • Corporate Round (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Health Care
  • Medical
  • Wellness
  • Information Technology
  • Software
  • Hospital
  • Analytics
  • Therapeutics
  • Health Diagnostics
  • Medical Device
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Health Enterprise Partners frequently co-invest with?

Hatteras Venture Partners
North America, North Carolina, United States, Durham
Co-Investments: 2
SV Health Investors
North America, Massachusetts, United States, Boston
Co-Investments: 4
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 3
Cardinal Partners
North America, New Jersey, United States, Princeton
Co-Investments: 2
7wire Ventures
North America, Illinois, United States, Chicago
Co-Investments: 3
Providence Ventures
North America, Washington, United States, Seattle
Co-Investments: 3
Ascension Ventures
North America, Missouri, United States, Clarkton
Co-Investments: 2
Echo Health Ventures
North America, Washington, United States, Seattle
Co-Investments: 2
McKesson Ventures
North America, California, United States, San Francisco
Co-Investments: 3
Lightspeed Venture Partners
North America, California, United States, Menlo Park
Co-Investments: 2

Which angels does Health Enterprise Partners often collaborate with?

David Michel
North America, Texas, United States, Dallas
Shared Deals: 1
Shared Deals: 1
ST
North America, Florida, United States, Odessa
Shared Deals: 1

What are some of recent deals done by Health Enterprise Partners?

NOCD

Chicago, Illinois, United States

NOCD is an online OCD therapy platform that helps people with OCD get better and then stay better.

Health CareTherapeuticsWellness
Series BJan 31, 2023
Amount Raised: $34,000,000
Toney HealthCare Consulting

Tampa, Florida, United States

Toney HealthCare Consulting is a clinical consulting company that provides advisory and staffing services.

AdviceConsultingHealth Care
Private EquityNov 14, 2022
Alivia Analytics

Boston, Massachusetts, United States

Alivia Analytics offers AI-driven payment integrity solutions for healthcare claim payers and processors.

AnalyticsArtificial Intelligence (AI)Health CareMachine LearningPaymentsSoftware
Private EquityOct 6, 2022
PatientIQ

Chicago, Illinois, United States

PatientIQ is a platform for healthcare providers, industry partners, researchers, and others to collaborate and improve patient outcomes.

Big DataHealth CareInformation TechnologyPredictive AnalyticsSaaS
Series BMay 12, 2022
Amount Raised: $20,000,000
Proven Behavior Solutions

Norwell, Massachusetts, United States

Proven Behavior Solutions are committed to improving the lives of children and adolescents affected by Autism Spectrum Disorder (ASD).

Health CareHospital
Private EquityApr 12, 2022
Wildflower Health

San Francisco, California, United States

Wildflower is a women’s health solutions company, specializing in digital and value-based care.

FitnessHealth CareMobileWellness
Series UnknownMar 8, 2022
Amount Raised: $26,000,000
NOCD

Chicago, Illinois, United States

NOCD is an online OCD therapy platform that helps people with OCD get better and then stay better.

Health CareTherapeuticsWellness
Series BSep 21, 2021
Amount Raised: $33,000,000
Kno2

Boise, Idaho, United States

Kno2 develops a cloud-based health information platform designed to send and receive patient information electronically.

Developer PlatformHealth CareInformation ServicesInformation TechnologySoftware
Series AJul 15, 2021
Amount Raised: $15,000,000
Aware Recovery Care

Wallingford, Connecticut, United States

Aware Recovery Care is a healthcare company that provides an in-home approach to addiction treatment that is revolutionizing the industry.

Addiction TreatmentHealth CareHome Health CareRehabilitationService Industry
Series AJan 29, 2021
Amount Raised: $22,000,000
NOCD

Chicago, Illinois, United States

NOCD is an online OCD therapy platform that helps people with OCD get better and then stay better.

Health CareTherapeuticsWellness
Series AOct 8, 2020
Amount Raised: $12,000,000