DW Healthcare Partners (DWHP), a healthcare-focused private equity firm with offices in Toronto, Ontario and Park City, Utah, is pleased to announce an investment in Health & Safety Institute (HSI) of Eugene, Oregon. This platform investment marks another partnership within DWHP’s third healthcare fund. HSI is the leading for-profit emergency care and response training organization in North America. Since 1978, HSI has certified millions of emergency care providers globally. Andrew Carragher, Co-founder and Managing Director in DWHP’s Toronto office stated, ‘We are very pleased to be partnering with Health & Safety Institute. Bill Clendenen and his team have positioned the company well with technically-superior and highly-relevant training platforms so that together, we can take advantage of the significant growth opportunities ahead of us in this technology-driven arena of healthcare compliance and education.’ Together as partners, Health & Safety Institute and DWHP have subsequently made an investment in Summit Training Source, Inc. of Grand Rapids, MI. Summit, founded in 1981, provides high quality, technically accurate, and engaging environmental, health and safety compliance training materials. Summit is a leading provider of OSHA-approved safety content and has served more than 45,000 organizations worldwide. DWHP’s Fund III investment strategy mirrors the model of its first two funds, working as a strategic resource to founders to accelerate the growth of their businesses. DWHP’s first two funds were $88 million and $162 million in size, and resulted in 16 platform company investments in the medical device, clinical research, wholesale pharmacy and outsourced healthcare service areas. For Fund III, DWHP is seeking investments in companies with EBITDA of $4 million or more. Berchwood Partners served as placement agent for DWHP Fund III. Learn more about Health and Safety Institute by visiting: www.hsi.com Learn more about Summit Training Source, Inc. by visiting: www.safetyontheweb.com
ABOUT DW HEALTHCARE PARTNERS
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $800 million in committed capital and invests in profitable healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-to-late-stage companies realize their potential for growth.
