About VSCP

Private Equity Partner of Choice for Lower Middle-Market Healthcare Services Companies

About
Who We Are
Who We Are

VSCP is a private equity firm with substantial and differentiated expertise, specializing in buyouts of lower middle-market healthcare services businesses. VSCP invests on behalf of a wide array of Limited Partners, including asset management firms, family offices, pension funds, and other institutional investors.

Expertise
Expertise

With over 100 combined years of analyzing and investing in healthcare services companies, VSCP's team possesses deep industry knowledge and extensive relationships with industry executives and luminaries.

Investment Philosophy
Investment Philosophy

VSCP seeks to invest in lower middle-market buyouts of healthcare services companies that have historically exhibited strong cashflow characteristics and minimal reimbursement risk. We utilize conservative leverage with the aim of allowing for balance sheet capacity to fund future growth. We seek to create value by growing revenue and EBITDA both organically and via M&A tuck-ins.

Our Approach

  • Hands-on and operationally-focused
  • Founder-led businesses and corporate carve-outs
  • Invest in majority buyouts (control transactions)
  • Target conservative leverage
  • Source transactions through proprietary network
  • Typically are not buyers of PE-backed companies
  • Drive growth organically and through M&A

Investment Criteria

  • Target company EBITDA of $10M - $20M
  • Target equity check of $75M - $120M
  • Asset-light business models/high barriers to entry
  • Strong cash flow generation/clean balance sheets
  • Limited regulatory and reimbursement risk
  • Multiple exit pathways

Subsectors of Focus

Physician Services

  • Behavioral Health
  • Outpatient and Provider-Based Services
  • Physician Outsourcing
  • Post-Acute / Home Health
  • Practice Consulting and Services
  • Revenue Cycle and Payment Services

Life Sciences Services

  • Biopharma Services
  • Contract Manufacturing
  • Consulting
  • CRO Services
  • Medical Supply Services
  • Packaging
  • Pharmaceutical Commercialization
  • Pharmaceutical Distribution
  • Real World Evidence
  • Research
  • Specialty Distribution

Hospital Services

  • Billing and Coding
  • Business Intelligence
  • Clinical Documentation Improvement / Support
  • Laboratory Services
  • Diagnostics
  • Healthcare Technology
  • Health System Logistics / Distribution
  • Medical Products
  • Medical Staffing

Payor Services

  • Cost Containment / Payment Integrity
  • Patient Engagement
  • Payment Integrity
  • Payor Outsourcing
  • Value-Based Care

Consumer-Oriented Healthcare

  • Aesthetic Medicine
  • Animal Health
  • Consumer Wellness
  • Dental

Firm History

Founded in 2014, the firm traces a professional history that goes back over 25 years. Throughout that time, we have built deep relationships with many of corporate America’s most successful healthcare organizations and executives. Since its inception, VSCP has consummated 36 transactions across nine platform businesses and has deployed ~$550 million of equity capital.

firm history