InTandem Capital Partners, LLC Closes on $250 Million of LP Commitments for its Second Healthcare Services Buyout Fund
NEW YORK, N.Y., June 17, 2019-– InTandem Capital Partners, LLC (“InTandem”), a New York- based middle-market private equity firm, has announced the closing of the firm’s second private equity investment fund, InTandem Capital Partners Fund II, LP (the “Fund”), accepting a total of $250 million of limited partner commitments. The Fund will focus on making control investments in select healthcare services companies.
The Fund’s capital was subscribed primarily by institutional investors from InTandem’s previous fund, but did include support from new institutional investors who value InTandem’s collaborative approach to value creation by working together with its management team partners.
Said Elliot Cooperstone, Managing Partner of InTandem, “We are grateful for the support we received from both our existing and new limited partners. The additional capital will allow us to extend our investment strategy of identifying high-caliber entrepreneurs within the healthcare services industry that can benefit from our hands-on, operational approach to accelerating growth and creating value.”
The strong combination of deep financial industry experience, operational expertise and transaction skills of the InTandem team provide the foundation necessary to create long-term value for its portfolio companies and investors.
Predecessor fund, InTandem Capital Partners Fund, LP, closed in June 2017 at $175 million of limited partner commitments.
GCA Advisors, LLC acted as the Fund’s placement agent and Goodwin Procter LLP provided legal counsel.
About InTandem Capital Partners, LLC
InTandem is a private equity firm that invests in and helps accelerate the growth of select healthcare services companies. Its goal is to build excellent businesses of significant value working collaboratively with its management team partners. InTandem is comprised of former business executives and experienced investors, and is uniquely qualified to provide strategic, acquisition and operating expertise to help companies significantly increase their value over time. InTandem provides active support to the management of its portfolio companies directly, and leverages its network of industry executives to augment its capabilities. For further information, please visit: www.intandemcapital.com
InTandem Capital Partners, LLC
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