Frontline Healthcare Partners Closes Inaugural Fund at $125 Million

Frontline Healthcare Partners, a private equity firm based in Charleston, is excited to announce the successful closure of its first fund, Frontline Healthcare Partners, L.P., with a total value of $125 million. The fund aims to make control investments in micro-cap distributed healthcare businesses, partnering with entrepreneurs to develop leading healthcare companies.

Frontline's strategy utilizes its extensive healthcare services expertise to support healthcare entrepreneurs in revolutionizing care delivery models, improving access, enhancing outcomes, and driving efficiency in the healthcare ecosystem. The firm's unique approach has resulted in early portfolio success, with four platform investments made in companies such as Bay Area Clinical Associates, JoyBridge Kids, LivWell Infusions, and Porch Light Health. These investments have demonstrated strong growth and return potential. Derek Spence, Frontline was supported by CrossBay Capital Partners as the placement agent and Latham & Watkins LLP as legal counsel. 

Frontline Healthcare Partners is dedicated to partnering with lower middle market distributed healthcare businesses, leveraging its sector expertise and hands-on approach to drive value creation and build market-leading healthcare companies. 

Source: Yahoo Finance