Investment Summary

Varsity Healthcare Partners Invests In Ideal Option

On October 2, 2018, private equity firm Varsity Healthcare Partners invested in healthcare services company Ideal Option

Investment Highlights
  • This is Varsity Healthcare Partners’ 8th transaction in the Healthcare Services sector.
  • This is Varsity Healthcare Partners’ 9th transaction in the United States.
  • This is Varsity Healthcare Partners’ 1st transaction in Washington.

Investment Summary
Date 2018-10-02
Target Ideal Option
Sector Healthcare Services
Investor(s) Varsity Healthcare Partners
Deal Type Growth Capital

Target

Ideal Option

Kennewick, Washington, United States
Ideal Option offers personalized medicine to over 20,000 patients through a network of 56 office-based opioid treatment clinics across 10 states. Ideal Option emphasizes individualized treatment programs for patients consisting of MAT and behavioral counseling services to drive superior outcomes. Ideal Option is based in Kennewick, Washington.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 1

Investor

Varsity Healthcare Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2012
Size Small
Type Sector Focused
DESCRIPTION

Varsity Healthcare Partners is a specialist private equity firm focused on the healthcare sector. Varsity seeks companies that solve fundamental problems for the healthcare industry with a focus on multi-site providers and critical outsourced services to providers and payors. Prospective companies are profitable with $5 to $15 million of EBITDA and are typically founder owned. Varsity Healthcare Partners was formed in 2012 and has offices in Los Angeles, California and Stamford, Connecticut.

DEAL STATS #
Overall 9 of 19
Sector (Healthcare Services) 8 of 15
Type (Growth Capital) 3 of 5
State (Washington) 1 of 1
Country (United States) 9 of 19
Year (2018) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Probo Medical

Tampa, Florida, United States

Probo Medical is a provider of equipment sales, part sales, equipment rentals, depot repair service, equipment installation and de-installation, and field-based repair services. Probo Medical was founded in 2014 and is based in Tampa, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-01 Ventra Health

Dallas, Texas, United States

Ventra Health is a healthcare organization focused on tech-enabled revenue cycle management, practice management, and advisory solutions for hospital-based physicians. It partners with private practices, hospitals, health systems, and physician management organizations to deliver market-leading solutions that solve healthcare providers' most complex revenue and reimbursement issues. Ventra Health is based in Dallas, Texas.

Buy -
Mergr

Product

Company

Legal