Cressey & Company

Cressey & Company LP is a private equity firm founded in 2008 and headquartered in Chicago, Illinois, with an additional office in Nashville, Tennessee. The firm focuses exclusively on investing in and developing leading healthcare businesses, targeting sectors such as healthcare services, providers, facilities, information technology, and animal health. Cressey & Company engages in various investment strategies, including platform investments, expansion capital, recapitalization, buyouts, and growth equity investments. The firm typically invests between $100 million and $200 million, with an average investment of $50 million, in companies that have more than $5 million in EBITDA and enterprise values ranging from $50 million to $300 million. While the firm primarily seeks control investments, it is also open to minority investments in special situations. Cressey & Company generally aims to exit its investments within three to seven years, with a target of approximately five years.

Andrew Ames

Senior Associate

Bary Bailey

Operating Partner

Jim Covert

Operating Partner

Bryan Cressey

Co-Founder and Partner

Steven Dildine

Vice President

Peter Ehrich

Partner

Timothy Epple

Principal, Research, Investment Team

Matthew Farmer

Private Equity Associate

Frank Fritsch

Operating Partner

Andrew Goberstein

Principal, Investment Team

Matt Gorski

Principal

Justin Goschie

Vice President

Andrew Hurd

Partner

Scott Maskalunas

Partner and CFO

Janie McDonough

Vice President

Pat Meyer

Associate

Ryan Moseley

Principal

David Rogero

Partner

Patrick Sloan

Associate

Dan Sobolewski

Associate

Dan Vollman

Vice President

Brian Wasik

Associate

Andrew Weiner

Principal, Financial Operations

18 past transactions

Heartbeat Health

Series C in 2024
Heartbeat Health, Inc. is a healthcare technology company based in New York that specializes in providing virtual cardiovascular disease prevention and management services. Founded in 2017, it offers a data-driven platform that enables real-time consultations between patients and cardiologists. Through its web-based services, Heartbeat Health facilitates secure communication, allowing patients to receive medical advice, treatment, and dietary consultations from healthcare professionals. The company's focus is on reducing cardiovascular risk and improving patient outcomes by promoting continuous engagement and monitoring of heart health. By leveraging technology, Heartbeat Health aims to enhance the quality of care for patients and support at-risk organizations in managing cardiovascular conditions more effectively.

HealthDrive

Acquisition in 2023
HealthDrive, founded in 1989 by medical professionals, focuses on delivering on-site medical and dental services to residents of long-term care facilities. With a commitment to enhancing the quality of life for seniors, HealthDrive employs 120 highly skilled providers across a network of over 1,000 facilities, serving more than 135,000 residents nationwide. The company specializes in various healthcare disciplines, including dentistry, optometry, podiatry, and audiology, ensuring that essential services are conveniently available where seniors reside. HealthDrive's approach emphasizes compassionate care and proactive healthcare delivery, making it a leading provider in the long-term care sector.

InterMed Group

Acquisition in 2023
The InterMed Group is a specialized provider of biomedical and imaging sales and service solutions for the healthcare sector. The company focuses on integrated health technology management, delivering comprehensive services that include equipment planning, clinical engineering, and biomedical equipment maintenance. By offering strategic support across key divisions, InterMed aims to enhance the quality and efficiency of technology management for its clients, ensuring timely and reliable healthcare services.

Trella Health

Private Equity Round in 2021
Trella Health is a data analytics company based in Atlanta, Georgia, that specializes in providing performance analytics and outcomes data for post-acute care providers. Established in 2015 and formerly known as Excel Health, Trella Health has become a key player in the healthcare analytics landscape. The company offers a comprehensive view of care activities in various service areas by analyzing over 1.2 billion Medicare claims annually. This data enables nearly 10,000 users to gain insights into patient flows, market trends, and performance metrics, allowing them to build more effective care networks, enhance patient services, and reduce healthcare costs. Trella Health is recognized as an innovator by the Center for Medicare and Medicaid Services, granting it access to extensive Medicare claims data, which further enriches its analytical capabilities.

Home Care Pulse

Private Equity Round in 2021
Home Care Pulse is a satisfaction research and quality assurance firm dedicated to the private duty home care sector. Founded in 2008 and headquartered in Rexburg, Idaho, the company specializes in gathering feedback from clients and caregivers through monthly telephone interviews. This data is used to generate real-time feedback reports, accessible via their online portal, VANTAGE. Home Care Pulse supports agencies in turning insights into actionable improvement plans, thereby enhancing client satisfaction and caregiver retention. Through its Satisfaction Management Program, the company features agencies on BestofHomeCare.com, increasing their visibility to potential clients. Agencies can also qualify for the annual Best of Home Care Awards based on their satisfaction scores. Additionally, Home Care Pulse offers training and compliance resources, empowering providers to better understand their performance and foster a positive work culture.

HHA eXchange

Private Equity Round in 2019
HHA eXchange offers a comprehensive software as a service (SaaS) platform to its customers that improves patient outcomes, drives operational efficiency, and increases compliance across the homecare ecosystem.

HHA eXchange

Acquisition in 2019
HHA eXchange offers a comprehensive software as a service (SaaS) platform to its customers that improves patient outcomes, drives operational efficiency, and increases compliance across the homecare ecosystem.

Elite Dental Partners

Acquisition in 2018
Elite Dental Partners LLC offers non-clinical business support services to dental practices, helping affiliated dentists navigate various operational challenges. Founded in 2014 and headquartered in Chicago, Illinois, the company provides essential services such as managing payer relations, procurement of supplies and capital equipment, non-clinical staffing, human resources, finance, marketing, and information systems. With a presence in multiple states, including Arkansas, Indiana, and Ohio, Elite Dental Partners focuses on fostering collaboration among dental practices to enhance efficiency and profitability. By streamlining non-clinical operations, the organization enables dentists to lower operational risks and achieve better economies of scale, ultimately supporting their growth and success in the competitive dental industry.

People, Pets & Vets

Private Equity Round in 2018
People, Pets & Vets is a doctor-led organization that partners with veterinary hospitals to enhance their operational success. The company focuses on empowering its staff to concentrate on their passion for animal care while managing the business aspects of the practices. It offers a comprehensive range of services, including general medical examinations, surgical procedures, and additional options like reproductive and eastern medicine. This approach not only supports veterinarians in reaching their full potential but also provides those looking to sell their practices an opportunity to participate in the company's growth through retained ownership.

StatLab Medical Products

Acquisition in 2017
StatLab Medical Products is a developer and manufacturer based in McKinney, Texas, specializing in histology, cytology, and immunohistochemistry diagnostic supplies. The company provides a wide range of cost-effective diagnostic products, offering approximately 1,750 of the most commonly used supplies for independent and hospital-based anatomic pathology laboratories. With a strong presence in the market, over 3,000 anatomic pathology laboratories across the United States depend on StatLab to fulfill their diagnostic supply needs. By partnering with various laboratories, StatLab enables clients to address their requirements for consumables, reagents, and equipment effectively.

Verisys

Private Equity Round in 2017
Verisys is a prominent provider of comprehensive data solutions for healthcare and workforce management organizations. The company specializes in screening, monitoring, verifying, and credentialing individuals and entities to enhance safety within the healthcare system. Its array of products includes FACIS, CheckMedic, ProviderCheck, and MedPass, which facilitate credentialing, directory management, and pharmaceutical verification. Verisys also offers workforce background screening, monitoring services, and solutions that streamline onboarding processes while ensuring compliance and improving provider interactions. By focusing on keeping harmful individuals out of the healthcare system, Verisys aims to protect stakeholders and promote a safer environment for all.

D4C Dental Brands

Acquisition in 2016
D4C Dental Brands operates as the largest and fastest-growing pediatric dental and orthodontic specialty network in the United States. The company is dedicated to enhancing children's oral health by providing high-quality clinical care. D4C supports affiliated pediatric dentists, general dentists, and orthodontists by offering comprehensive resources, including dental support staff, extensive training, supplies, and assistance with regulatory compliance and administrative operations. This commitment to quality care and support enables D4C to raise the standard of pediatric oral health across its network.

QualDerm Partners

Venture Round in 2016
QualDerm Partners specializes in offering strategic leadership and practice management services to dermatologists and skin care professionals throughout the southeastern United States. By focusing on a practice-centric philosophy, QualDerm enables healthcare providers to prioritize patient care while minimizing administrative burdens. The company provides essential management support, capital, and guidance, facilitating sustainable growth and profitability for dermatological practices. This approach allows physicians to concentrate on delivering quality care while efficiently managing the operational and administrative aspects of their practices.

VetCor

Private Equity Round in 2015
VetCor, Inc. is a veterinary services provider based in Hingham, Massachusetts, established in 1996. The company operates a network of veterinary clinics across multiple states, including Connecticut, Florida, Georgia, Illinois, Indiana, Kentucky, Maine, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia, West Virginia, and Wisconsin. VetCor offers a range of services, including preventive and wellness care, vaccinations, dental care, animal behavior and nutritional counseling, boarding, general medical and surgical services, as well as pharmaceutical and ancillary services. The company is committed to supporting its partners by providing resources and knowledge sharing to facilitate the growth and expansion of veterinary practices.

Dental Services Group

Acquisition in 2015
Dental Services Group operates a network of over 40 dental laboratories across North America, providing a wide range of products and services tailored to the needs of dental practices. The company specializes in fixed and removable prosthetics, orthodontics, and sleep dentistry solutions, catering to independent dentists and specialists in areas such as prosthodontics, cosmetic dentistry, implants, and reconstructive oral surgery. By understanding the critical role that dental laboratories play in the success of dental practices, Dental Services Group aims to enhance the capabilities of its clients, enabling them to better serve their patients.

Unitek Learning

Private Equity Round in 2013
Unitek Learning is an educational services provider based in Fremont, California, specializing in healthcare and nursing training. Founded in 1992, the company offers a variety of programs, including bachelor’s degree nursing, vocational nursing, associate degree nursing, medical assisting, medical office administration, dental assisting, pharmacy technician training, and information technology. Unitek Learning also provides training programs for emergency medical services (EMS) and emergency medical technicians (EMTs). The organization focuses on delivering initial and continuing education aimed at achieving licensure and certification in these fields, catering to students, working professionals, and healthcare organizations.

InnerChange

Acquisition in 2011
InnerChange, LLC offers a range of educational, treatment, and recovery programs specifically designed for adolescents and young adults facing emotional and behavioral challenges. The company addresses a spectrum of issues, including bipolar disorder, depression, anxiety, substance abuse, personality disorders, and learning differences such as ADHD. InnerChange operates seven long-term residential treatment programs and one outpatient program across nine major U.S. cities, emphasizing family involvement through services like therapy and preparation for transition back to independence. Founded in 2003 and based in Missouri City, Texas, InnerChange is committed to delivering high-quality mental health care that fosters lasting change for young people and their families.

Progeny Health

ProgenyHealth, Inc. specializes in neonatal care coordination services aimed at addressing the health care needs of infants in intensive care nurseries. Established in 2004 and headquartered in Conshohocken, Pennsylvania, the company collaborates with health plans, government agencies, and employer groups to enhance health outcomes for premature and medically complex newborns. Their experienced team, consisting of neonatologists, pediatricians, and NICU nurses, provides comprehensive care management from the hospital through to the first year of life, ensuring continuity and support for families. ProgenyHealth emphasizes evidence-based medicine, with its Medical Advisory Board of board-certified neonatologists continually updating care guidelines based on the latest research. This approach not only aims to improve infant health but also seeks to reduce healthcare costs and readmission rates for families.
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