Varsity Healthcare Partners, a Los Angeles, CA, and Stamford, CT-based healthcare-focused private equity firm, closed its second fund, at $300m.
Varsity Healthcare Partners II will seek to partner with founders/entrepreneurs of lower middle-market healthcare companies.
Founded by David Alpern and Kenton Rosenberry, Varsity Healthcare Partners targets founder/entrepreneur owned healthcare companies delivering services with a focus on multi-site providers and critical outsourced services to providers and payors with $5m to $15m of EBITDA.
The firm always uses low levels of debt financing.
The team also include principals Steven Bressler and Michael Jablon.