Enhanced Equity Fund, L.P.

Enhanced Equity Fund, L.P. is a private equity firm that specializes in investing in small capitalization growth companies and lower-middle market firms, particularly within the healthcare sector. Founded in 2005 and based in New York, the firm manages approximately $600 million in committed capital. Enhanced Equity Fund focuses on growth equity investments, recapitalizations, and buyouts of private companies, primarily targeting firms with revenues under $100 million. The firm seeks to invest between $10 million and $50 million in its portfolio companies, favoring those involved in healthcare services and information, business services, and IT services. Enhanced Equity Fund employs a disciplined investment strategy aimed at fostering value creation through organic growth and add-on acquisitions. The firm typically holds substantial minority stakes or control positions in its investments and aims for exits within three to five years.

Andrew Paul

Co-Founder and Managing Partner

9 past transactions

NextCare

Debt Financing in 2018
NextCare, Inc., operating as NextCare Urgent Care, provides urgent care and occupational medical services across several states, including Arizona, Colorado, North Carolina, Ohio, Texas, and Virginia. Founded in 1993 and headquartered in Mesa, Arizona, the company offers a wide range of treatments for non-life-threatening illnesses and injuries, such as allergies, sinus infections, and gastrointestinal disorders. In addition, it specializes in occupational health services, including workers' compensation management, drug screenings, physical exams, and immunizations. NextCare also conducts various diagnostic tests, including digital X-rays and laboratory screenings, and offers pediatric care and injury treatment. The company aims to provide cost-effective and efficient alternatives to traditional hospital emergency services, enhancing access to urgent care for its patients.

Priority Ambulance

Private Equity Round in 2017
Priority Ambulance is a provider of patient transportation services based in Knoxville, specializing in both emergency and non-emergency medical care. The company is dedicated to delivering high-quality clinical excellence and adapting to the evolving needs of patients, hospitals, communities, and insurers. Its services include ambulance transportation, comprehensive prehospital care, air ambulance services, and medical billing. Additionally, Priority Ambulance offers special event medical services, ensuring safe and efficient transportation for patients requiring professional healthcare assistance.

West Dermatology

Private Equity Round in 2014
West Dermatology has proudly served your community since 1962. We integrate cutting-edge, evidence-based medical science with our company mission- to provide patients with quality health care in a professional, compassionate environment. West Dermatology is an established, elite company with innovative, compassionate providers. We are proud to offer a progressive and ethnically diverse work culture. We can help you Love your Skin!

NextCare

Debt Financing in 2014
NextCare, Inc., operating as NextCare Urgent Care, provides urgent care and occupational medical services across several states, including Arizona, Colorado, North Carolina, Ohio, Texas, and Virginia. Founded in 1993 and headquartered in Mesa, Arizona, the company offers a wide range of treatments for non-life-threatening illnesses and injuries, such as allergies, sinus infections, and gastrointestinal disorders. In addition, it specializes in occupational health services, including workers' compensation management, drug screenings, physical exams, and immunizations. NextCare also conducts various diagnostic tests, including digital X-rays and laboratory screenings, and offers pediatric care and injury treatment. The company aims to provide cost-effective and efficient alternatives to traditional hospital emergency services, enhancing access to urgent care for its patients.

Prospira PainCare

Venture Round in 2013
Prospira PainCare, Inc. is a provider of comprehensive pain management services, operating a network of pain management physicians and rehabilitation specialists across several states, including California, Florida, Georgia, Michigan, New Jersey, and Pennsylvania. The company focuses on treating a wide range of pain conditions, such as arthritis, back pain, cancer pain, fibromyalgia, neuropathy, and various musculoskeletal injuries. Prospira PainCare employs a multidisciplinary approach, offering individualized treatment regimens that combine interventional pain treatments with holistic and lifestyle-oriented therapies. Established in 2012 and headquartered in Roswell, Georgia, the organization aims to improve patient outcomes and enhance their quality of life by providing world-class care for those experiencing acute, chronic, or intractable pain.

MedTest DX

Private Equity Round in 2011
MedTest DX, Inc. is a medical diagnostic company that specializes in the sale of chemistry instruments and reagents to physician offices, hospitals, reference laboratories, and research facilities. Founded in 2011 and based in Canton, Michigan, the company offers a range of products including the SPOTCHEM EZ, a compact benchtop dry chemistry analyzer capable of performing single and panel diagnostic tests with results available in 8 to 15 minutes. Additionally, MedTest DX provides the Poly-Chem 90 and 180 chemistry analyzers, which are countertop instruments designed to conduct comprehensive chemistry tests and come equipped with an integrated electrolyte module, data management features, and over 70 FDA-cleared reagents. The company distributes its products directly to customers as well as through various distribution channels across the United States, and it also offers instrument services to support its product lineup.
Management Health Solutions, Inc. (MHS) is a prominent provider of integrated inventory management solutions tailored for hospitals and healthcare systems in North America. Established in 1999 and headquartered in Fairfield, Connecticut, MHS focuses on reducing clinical supply inventory costs while streamlining supply chain operations. The company enhances patient safety and financial performance through a combination of professional services, content solutions, benchmarks, advanced technology, and mobile device management. By implementing its solutions, MHS helps healthcare organizations achieve measurable returns on investment, ultimately contributing to more efficient and effective clinical supply management.

Layered Technologies

Venture Round in 2008
Layered Technologies is a leading global provider of managed dedicated hosting, on-demand virtualization/cloud computing and Web services. By providing high-quality technology, infrastructure and support, Layered Tech enables customers to eliminate capital expenses and save on operating costs while focusing on core business issues. Layered Tech's scalable infrastructure powers millions of sites and Internet-enabled applications including e-commerce and software as a service (SaaS). Our clients range from leading-edge Web 2.0 startups, successful mid-sized enterprises and some of the world's largest consultancy and integration firms.

Movero

Venture Round in 2006
Movero, Inc. (formerly Integrated Mobile, Inc.) provides managed mobility solutions and services that help enterprises in managing mobile information technology environments. Its solutions and services deliver end-to-end management of the enterprise's wireless lifecycle, including device fulfillment and configuration, training, asset management, bill optimization, reporting, and 24/7 end-user support. The company offers iWIN, for provisioning and fulfillment management, and supply chain automation; iManage, for wireless asset, service, and telecom expense management; iCare, which provides 24/7 bilingual administrative and technical support, warranty management, and emergency device replacement; and iBill, a wireless billing solution with transaction processing, invoice management, and cost allocation. The company also provides a range of professional services to assist enterprises adopting mobile technologies and services, such as mobile policy development, wireless technology and carrier migrations, and wireless sourcing assistance. Integrated Mobile, Inc. was founded in 2004 and is based in Columbus, Ohio.
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