Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. The Company provides anatomic pathology, digital pathology, molecular diagnostic, and clinical testing services to physician groups and hospital systems across the Southeast and Midwest. Onze Dr. Davis said "We are thrilled to announce this recapitalization with GTCR as our new majority shareholder and partner. The partnership will provide GTCRs portfolio companies with access to Blackstones group purchasing program, which leverages the buying power of the $150 billion revenue base across Blackstones entire investment platform. Learn more at www.biocoat.com. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de We are pleased to support GTCRs ongoing success.. medium-sized businesses in the United States and Canada. Follow us onLinkedIn. envie um e-mail para In the last 3 years, GTCR has acquired 12 companies. Join Mergr to view GTCRs full profile and discover more Since its inception, GTCR has invested more than $20 billion in over 250 companies. Going forward, the existing Biocoat management team, led by CEO Jim Moran, will continue in their existing roles executing on Biocoat's growth initiatives in partnership with GTCR. The Chicago-based firm pioneered The Leaders Strategy finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. The partnership will provide GTCRs portfolio companies with access to Blackstones group purchasing program, which leverages the buying power of the $150 billion revenue base across Blackstones entire investment platform. GTCR has raised a total of $20.5B across 5 funds, their latest being GTCR Strategic Growth Fund. GTCR Announces Several Promotions We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. In particular, we believe that this investment partnership will further enhance our ability to serve the interests of our limited partners, our management partners and our investment team and staff. As part of GTCR's Leaders Strategy, Dave King, the former Chairman and CEO of Labcorp, will join the PathGroup Board as Chairman, partnering with Dr. Davis and GTCR to further invest in PathGroup's capabilities across the pathology, molecular, and genetic diagnostics modalities. Blackstone Contact:Paula Chirhart+1-347-463-5453[emailprotected], GTCR Contact:Kellie Kennedy, Harbinger Group+1-312-933-4903[emailprotected]. To receive email alerts from Blackstone, sign up below. GTCR was formed in 1980 and is based in Chicago, Illinois. Working at GTCR | Glassdoor Finally, we have a talented group of investment professionals and staff, and we are dedicated to providing our team with the most opportunity for professional growth and impact, while working in a collaborative and inclusive environment. Under the revised 1978 interpretation, the concept of portfolio diversification of risk, measuring risk at the aggregate portfolio level rather than the investment level to satisfy fiduciary standards would also be accepted. Please help us protect Glassdoor by verifying that you're a CHICAGO & NEW YORK--(BUSINESS WIRE)--GTCR LLC and Blackstone (NYSE:BX) today jointly announced a new partnership in which funds managed by Blackstones GP Stakes business will acquire a minority ownership interest in GTCR. To view recent press releases, click here. Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. For more information, please visitwww.gtcr.com. The Riverside Company, a global private equity firm focused on the smaller end of the middle market, has signed a definitive agreement with GTCR to sell Lexipol, a provider of policy management, training and wellness software for public safety organizations and local government customers. Follow GTCR on LinkedIn. Under Mr. Hance's leadership, Resonetics has completed 10 add-on acquisitions, generated significant organic growth, and executed a successful partial sale for a minority stake of Resonetics at a $2.25 billion enterprise value in November 2021. GTCR is the current iteration of an equity and investment corporate finance entity dating back to the 1970s. We do this by using extraordinary people and flexible capital to help companies solve problems. To view recent press releases,click here. "Jim Moran and the Biocoat team have built an exciting platform company," said Chip Hance. You may cancel your subscription at anytime by calling Founded in 1991, Biocoat is a leading provider of medical coatings products and services for medical devices in the fast-growing interventional sector. Customer Service. Please click here if you would like more information about the cookies used on this website and how to change your cookie settings. View Our Team Financial Services & Technology Healthcare Individual Investors & Financial Advisors. GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. Si continas viendo este mensaje, The Company is focused on developing highly technical, customized coating formulations critical to medical device performance. GTCR is a private equity firm that typically partners with management when pursuing acquisitions. Nous sommes dsols pour la gne occasionne. GTCR will also have access to a wide range of other services Blackstone provides internally and to its portfolio companies that leverage Blackstones scale and expertise, including its ESG, sustainability, human capital management, cybersecurity, and product development capabilities. 1 Under the terms of the agreement, the purchase price is . The Company's capabilities include developing and supplying customized coatings formulations, performing coatings application services, and offering coatings equipment solutions. Follow Blackstone on Twitter @Blackstone. Vivid Seats operates as an online ticket marketplace that connects fans with event ticket sellers. You will be charged We are delighted that you'd like to resume your subscription. Kirkland & Ellis LLP served as legal counsel and Baird served as financial advisor to GTCR. Leaders Strategy Investment to Support Growth and Expansion of Biocompatible Medical Device Coatings Provider. Since its inception, GTCR has invested more than $20 billion in over 250 companies. Privately held and physician-centric, PathGroup works seamlessly with customers to provide superior diagnostic services a vital link in the cycle of patient relationships. CHICAGO, Jan. 26, 2022 /PRNewswire/ -- GTCR, a leading private equity firm founded in 1980, today announced the recent closing of its first Strategic Growth Fund with $2 .0 billion of limited. GTCR Announces Investment in Biocoat | Markets Insider Under Mr. Hance's leadership, Resonetics has completed 10 add-on acquisitions, generated significant organic growth, and executed a successful partial sale for a minority stake of Resonetics at a $2.25 billion enterprise value in November 2021. questo messaggio, invia un'email all'indirizzo Prior to partnering with GTCR, Mr. Hance served as Chief Executive Officer of Creganna Medical, a leading supplier of contract manufacturing services for medical devices, where he significantly grew the business via acquisitions and organic growth before completing a successful sale of the company in 2016 to TE Connectivity. The Firms most common exit type is trade sale (49%). GTCR Chicago Private Equity Firm Evercore served as financial advisor to GTCR. GTCR is a prolific health care investor, with at least 11 current health care portfolio companies and almost 50 past investments. PathGroup supports more than 4,000 physician practices and more than 200 hospital customers with diversified lab testing services, high-touch customer service and fast turnaround times. I have been personally gratified to develop rapport with the GTCR team, and we look forward to our long-term partnership., Ward Young, GP Stakes Managing Director added, Our top priority is to partner with the most successful general partners in private equity. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, GTCR Becomes Signatory to United Nations-Supported Principles for Responsible Investment. enva un correo electrnico a Existing Biocoat management and 1315 Capital, the selling equity sponsor, will retain minority stakes in the Company. GTCR Closes $7.5 Billion Investment Fund - PR Newswire message, contactez-nous l'adresse Kirkland & Ellis served as legal counsel to GTCR and Fried Frank served as legal counsel to Blackstone. Kellie Kennedy, Harbinger Group +1-312-933-4903 Si continas recibiendo este mensaje, infrmanos del problema los inconvenientes que esto te pueda causar. Private Equity Round - Senske Lawn & Tree Care, Private Equity Round - Visionary Broadband, Private Equity Round - PPC Flexible Packaging, Private Equity Round - Global Claims Services, Private Equity Round - Jet Support Services, Private Equity Round - Antylia Scientific, Diversity Spotlight (US Headquarters Only), Private Equity Round - Vector Laboratories, Wells Fargo Asset Management acquired by GTCR, Total number of diversity investments made by an investor. About. Paula Chirhart Rauner makes it official, retires from GTCR, "Dealmakers' boot camp; Golder Thoma: A buyout industry proving ground", Personality Profile: Cressey Takes Specialization To The Next Level, Washington State Investment Board Private Equity IRR Report, Pennsylvania State Employee's Retirement System Detailed Holding Information, Private investment in public equity (PIPE), Taxation of private equity and hedge funds, Private equity and venture capital investors, https://en.wikipedia.org/w/index.php?title=GTCR&oldid=1130190495, Financial services companies established in 1980, Private equity firms of the United States, Articles with dead external links from December 2018, Articles with permanently dead external links, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 29 December 2022, at 01:29. info@gtcr.com. from 8 AM - 9 PM ET. Financial Advisors, visit our dedicated website to learn how you can partner with Blackstone. real person. Sectors of Interest: Aerospace, Business Services, Communications, Consumer Products, Consumer Services, Defense, Education, Electronics, Financial Services, Food, Healthcare Services, Information Technology, Insurance, Leisure, Life Science, Marketing, Media, Medical Products, Safety/Security, Software, Technology Hardware, Transportation, Utilities, Target Transaction Types: Buyout (LBO, MBO, MBI), Divestiture, Going Private, Growth Capital, Recapitalization, Stake Purchase, Geographic Preferences: East US, Midwest US, South US, West US. The Company's capabilities include developing and supplying customized coatings formulations, performing coatings application services, and offering coatings equipment solutions. The Chicago-based firm is targeting $9.5 billion for GTCR Fund XIV, which will take control positions in companies across the healthcare, business services, financial services and technology industries, according to documents prepared for Maine Public Employees Retirement System. Blackstone is an exceptional institution and we expect they will bring resources and perspective that will help us as we continue to serve our limited partners, build our franchise and invest our funds over the long term. "We look forward to investing in the business, further building out its scale and capabilities and becoming an increasingly valuable partner to our growing base of customers.". Contact:Kellie Kennedy312-933-4903kelliek@theharbingergroup.com, View original content to download multimedia:https://www.prnewswire.com/news-releases/gtcr-announces-investment-in-biocoat-301665671.html, Plus500. About PathGroupFounded in 1965, PathGroup is a premier provider of anatomic, clinical, molecular, and digital pathology services in the United States. One Lab; Total Service. GTCR - Wikipedia GTCR is a leading growth-oriented private equity firm with a management-driven approach and business-building investment orientation. GTCR Appoints Don McDonough to Lead Business Development for its The firm principally invests in high-growth industries, including financial services & technology, healthcare, information services & technology, and growth business services. Transaction Data Systems Announces Acquisition by BlackRock Long Term Blackstone is one of the worlds leading investment firms. Revenue: $500 million to $1 billion (USD) Competitors: Allston Trading, Infinium Capital Management, Rothschild & Co. GTCR LLC | 12,402 followers on LinkedIn. We are especially impressed with GTCRs strategy of investing in transformative growth behind talented executives. GTCR will consider both equity and mezzanine capital commitments and concentrates its investment activity in consumer products & services, healthcare services, outsourced business services, technology, transaction processing, and pharma/medical products.