Challenge
When InTandem Capital Partners, a new private equity firm organized to invest in and help accelerate the growth of select healthcare services companies, sought to establish a new buyout fund, they turned to Goodwin to help make it a reality.
Our approach
The rapidly expanding healthcare services sector is as competitive as it is promising, and InTandem recognized the potential in creating a new fund to capitalize on that promise. Goodwin quickly assembled a cross-disciplinary team to advise InTandem on the launch of its new fund and the related closing of initial investments, bringing together experts on fund formation and fundraising, private equity and healthcare services M+A, debt and tax, and sharing risk with InTandem. The launch was highly successful, with the fund’s investors including a blue-chip roster of endowments, foundations, family offices and other institutional investors, closing in less than six months with significant oversubscription.
The Outcome
The Goodwin team assembled for this assignment has worked together for over a decade and provides InTandem and its portfolio companies with a complementary combination of industry experience, operational expertise and strong transactional capabilities. Prior to closing the fund, InTandem completed the fund’s initial healthcare platform investments, combining the acquisitions of Cano Health and Comfort Health Management in early 2017.
Contacts
- /en/people/l/leclaire-john
John R. LeClaire
PartnerCo-Chair, Private Equity - /en/people/w/watson-david
David W. Watson
Retired Partner