HealthEdge Investment Fund I

HealthEdge Investment Partners is an operating-oriented private equity firm established in 2005, based in Florida, that specializes in mid-market investments within the healthcare sector across the United States. The firm focuses on acquiring control or significant minority stakes in both public and private companies with enterprise values ranging from $10 million to $100 million. HealthEdge targets niche segments where its partners possess extensive expertise, including specialty medical products, healthcare services, healthcare information technology, selected pharmaceutical segments, and specialty distribution. By leveraging the knowledge, experience, and network of its partners, who collectively have over 100 years in the healthcare industry, HealthEdge aims to deliver superior returns, achieving pro forma returns on invested capital exceeding 30% annually. The firm typically invests between $15 million and $20 million per company and benefits from additional capital access through its limited partners, allowing for larger investment opportunities as needed.

Brian Anderson

Co-Founding Principal & Managing Partner

Guy Bryant

Operating Partner

Terry Conrad

Operating Partner

Charles Davis

Vice President

Matt Dawson

Partner

Earl DeCarli

Operating Partner

Phillip Dingle

Co-Founding Principal & Managing Partner

Luis Gonzalez

Associate

Josh Hamrick

Principal

Scott Heberlein

Partner

Jessica Hudson

Principal

Steve Karasick

Operating Partner

Ralph Nelson

Operating Partner

Cedric Ragsdale

Operating Partner

Jeffrey Scott Thompson

Partner

Jeffery Thompson

Partner

Des Varady

Operating Partner

19 past transactions

CFIM, Inc.

Acquisition in 2017
CFIM, Inc. operates as a hospitalist group that provides services to hospitals and skilled nursing facilities in Central Florida. It offers services in the areas of office support and access, nocturnist programs, transitional care programs, skilled nursing and long-term care, specialized services for Medicare advantage holders, and patient advocacy. CFIM, Inc. was founded in 2001 and is based in Lake Mary, Florida.

Formulated Solutions

Private Equity Round in 2014
Formulated Solutions, LLC provides contract manufacturing and development services for companies in OTC consumer healthcare, Rx pharmaceutical, medical device, personal care and cosmetics, and veterinary medicine sectors. Its services include formulation, development and process engineering, manufacturing and compounding, and packaging. The company was founded in 1999 and is based in Largo, Florida. As of November 2, 2017, Formulated Solutions, LLC operates as a subsidiary of Parex USA, Inc.

The Columbus Organization

Private Equity Round in 2016
The Columbus Organization empowers individuals to realize their meaningful–life goals through nationally recognized care/support coordination, professional clinical staffing, and quality improvement services for the intellectual/developmental disability (I/DD) or behavioral needs community. The Company delivers an unmatched depth of expertise, breadth of resources, diversity of thinking, and dedication to finding the most appropriate, personalized solutions for its customers. The Columbus Organization provides a wide array of services specifically for families, individuals and the organizations that support them.

Westone Laboratories

Merger/Acquisition in 2017
Westone Laboratories engages in the design, manufacture, and distribution of custom hearing protection and communication earpieces and earplugs for hearing healthcare professionals, professional musicians, audiophiles, and the military industry. The company also offers supplies, including impression materials, impression tools and accessories, otoscopes, earlites, tubing, acoustic modification and venting products, clinical equipment and supplies, test equipment accessories, infection control products, stethoscopes, promotional display items, resources and reference materials, art prints, and tubing cements and supplies.

Radsource

Private Equity Round in 2023
Radsource is a reputation as one of the most trusted names in medical imaging. They provide subspecialized musculoskeletal and neurological MRI interpretation and they offer ProtonPACS, a leading PACS solution for hospitals, imaging centers, and physician practices.

Legacy-Xspire Holdings, LLC

Merger/Acquisition in 2019
Legacy-Xspire Holdings, LLC engages in the development, marketing, and distribution of branded and generic prescription products to physicians, pharmacies, wholesale distributors, and specialty pharmaceutical distributors across the United States. It distributes pharmaceutical products for pain management and steroid responsive disease states. The company is based in Ridgeland, Mississippi.

itrac

Venture Round in 2018
ITRAC LLC develops technology-enabled practice optimization cloud-based solutions to dental practices in the United States. The company was founded in 1995 and is based in Eugene, Oregon.

Santus

Venture Round in 2015
Santus is a privately held health care business headquartered in Tampa, Florida backed by two private equity firms, HealthEdge Investment Partners and Ambassador Enterprises. Santus’ mission is focused on improving health and well-being and is supported by a leadership team with a strong history in the pharmaceutical and health care industries. Santus was founded with the acquisition of its first two brands, Lantiseptic and Boroleum and we are actively pursuing additional products and companies upon which to build. A leading provider of consumer healthcare, wellness, and medical products for branded and private label skincare. Its more well-known products include the topical skincare regimen Lantiseptic, as well as Boroleum, an analgesic ointment for face and nasal soreness.

Westone Laboratories

Acquisition in 2017
Westone Laboratories engages in the design, manufacture, and distribution of custom hearing protection and communication earpieces and earplugs for hearing healthcare professionals, professional musicians, audiophiles, and the military industry. The company also offers supplies, including impression materials, impression tools and accessories, otoscopes, earlites, tubing, acoustic modification and venting products, clinical equipment and supplies, test equipment accessories, infection control products, stethoscopes, promotional display items, resources and reference materials, art prints, and tubing cements and supplies.

Today's Dental Network

Private Equity Round in 2021
Today's Dental Network is a multi-specialty concierge dental practice network.

Specialty Pharmacy Nursing Network

Private Equity Round in 2021
Specialty Pharmacy Nursing Network is a provider of specialty home infusion nursing services. Specialty Pharmacy Nursing Network is a nursing network that focuses on the therapy management of patients with rare, chronic disorders.

Medicine-On-Time

Venture Round in 2015
Medicine-On-Time mission is to improve patient quality of life by providing a common-sense solution to the problem of medication management; to simplify the administration of pharmaceutical care for caregivers and other healthcare professionals; to reduce the rate of prescription medication misuse (medication non-adherence), which robs patients of their health and their national healthcare system of hundreds of billions of dollars annually.

itrac

Merger/Acquisition in 2018
ITRAC LLC develops technology-enabled practice optimization cloud-based solutions to dental practices in the United States. The company was founded in 1995 and is based in Eugene, Oregon.

LifeSync

Acquisition in 2014
LifeSync is a designer, manufacturer and supplier of patient monitoring products and accessories. The company, formerly known as Advantage Medical Cables, specializes in monitoring solutions for the cardiac and neurological diagnostic categories. LifeSync is among the country’s top disposable ECG lead wire providers.

The Columbus Organization

Merger/Acquisition in 2017
The Columbus Organization empowers individuals to realize their meaningful–life goals through nationally recognized care/support coordination, professional clinical staffing, and quality improvement services for the intellectual/developmental disability (I/DD) or behavioral needs community. The Company delivers an unmatched depth of expertise, breadth of resources, diversity of thinking, and dedication to finding the most appropriate, personalized solutions for its customers. The Columbus Organization provides a wide array of services specifically for families, individuals and the organizations that support them.

Data Dimensions

Private Equity Round in 2014
Data Dimensions Corporation provides information management and business process automation services. The requirement for regulatory compliance in any industry is an ongoing and ever-changing reality. While a large portion of their client base is focused on HIPAA compliance, their IT professionals also have a wealth of experience serving their clients that must comply with regulations related to PHI, GLBA, PCI, Sarbanes-Oxley, FISMA and other regulatory initiatives. Data Dimensions remains in compliance with state and federal security requirements and adheres to all appropriate industry standards in order to meet their mission of providing trusted continuity of service to their customers. Data Dimensions ensures regulatory compliance by integrating security and privacy into all phases of training and on-going, day-to-day operations.