VSCP

Safecor Health Adds Eddie Carrillo as VP of Quality and Regulatory

Retrieved on: 
Wednesday, January 31, 2024

Mr. Carrillo joins the Safecor Health team after nearly three decades as a quality leader in the pharmaceutical manufacturing industry.

Key Points: 
  • Mr. Carrillo joins the Safecor Health team after nearly three decades as a quality leader in the pharmaceutical manufacturing industry.
  • "We are very excited to add Eddie's vast experience and insight to the Safecor team," said Steve Fischbach, CEO.
  • Mr. Carrillo joins Safecor Health with a focused background in pharmaceutical manufacturing, most recently serving as the Senior Director of Quality at Sage Therapeutics, ensuring FDA inspection readiness at various sites.
  • "I am excited to partner with the leadership team at Safecor Health and with VSCP," highlighted Mr. Carrillo.

Vesey Street Capital Partners Announces Majority Recapitalization of Inceptua Group

Retrieved on: 
Tuesday, January 16, 2024

NEW YORK, Jan. 16, 2024 /PRNewswire/ -- Vesey Street Capital Partners, LLC ("VSCP"), a New York-based healthcare services private equity firm, announced that funds managed by VSCP have completed a majority recapitalization of Inceptua Group ("Inceptua", or the "Company").

Key Points: 
  • NEW YORK, Jan. 16, 2024 /PRNewswire/ -- Vesey Street Capital Partners, LLC ("VSCP"), a New York-based healthcare services private equity firm, announced that funds managed by VSCP have completed a majority recapitalization of Inceptua Group ("Inceptua", or the "Company").
  • AmerisourceBergen Corporation), will be joining the Company as Executive Chairman and working in partnership with VSCP, Inceptua CEO Stefan Fraenkel and the rest of the Inceptua team.
  • "Vesey Street Capital Partners is both excited and honored to be working with Doug, Stefan and the entire Inceptua team to enhance the Company's value proposition and support future growth initiatives," said Adam Feinstein, Managing Partner at VSCP.
  • Peter Krantz, founder of Inceptua, commented "The partnership with Vesey Street Capital Partners will help Inceptua's strategy of expanding its capabilities within its core business to develop additional and complementary services in-line with our customers' global needs.

Vesey Street Capital Partners Expands its Investment Team with New Partner, Chris Hasslinger

Retrieved on: 
Monday, November 20, 2023

As the firm continues to grow and deploy capital in the healthcare services sector, Hasslinger brings a wealth of experience and relationships throughout the industry.

Key Points: 
  • As the firm continues to grow and deploy capital in the healthcare services sector, Hasslinger brings a wealth of experience and relationships throughout the industry.
  • "Chris's extensive background in healthcare business development and his proven ability to drive value aligns perfectly with our vision," said Adam Feinstein, Managing Partner of Vesey Street Capital Partners.
  • "I have had the pleasure of knowing Chris for several years and have long recognized his industry knowledge, leadership, and strategic approach.
  • Chris has a Bachelor of Science degree from the Carlson School of Management at the University of Minnesota.

Vesey Street Capital Partners Named to Inc.'s 2023 List of Founder-Friendly Investors

Retrieved on: 
Thursday, November 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Vesey Street Capital Partners ("VSCP"), a private equity firm that invests in buyouts of lower middle market healthcare service companies, today announced it has been recognized as an Inc. 2023 Founder-Friendly Investor.

Key Points: 
  • NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Vesey Street Capital Partners ("VSCP"), a private equity firm that invests in buyouts of lower middle market healthcare service companies, today announced it has been recognized as an Inc. 2023 Founder-Friendly Investor.
  • Inc.'s list honors private investment firms with the best track records of success backing founder owned businesses.
  • The firms on Inc.'s list have successful track records of remaining actively involved with their portfolio businesses.
  • We are extremely grateful for this recognition and would like to thank everyone that has supported the firm," says Vesey Street Capital Partners Managing Partner, Adam Feinstein
    "We're so happy that we began our partnership with VSCP.

Vesey Street Capital Partners Announces Sale of QualityMetric

Retrieved on: 
Tuesday, August 22, 2023

NEW YORK, Aug. 22, 2023 /PRNewswire/ -- Vesey Street Capital Partners today announced that, on Friday, August 18, 2023, it completed the full sale of portfolio company, QualityMetric (QM).

Key Points: 
  • NEW YORK, Aug. 22, 2023 /PRNewswire/ -- Vesey Street Capital Partners today announced that, on Friday, August 18, 2023, it completed the full sale of portfolio company, QualityMetric (QM).
  • "It has been a great journey working with the Vesey Street team as QM has furthered its foundational goal of measuring functional health and well-being from the patient's perspective.
  • VSCP remains steadfast in its commitment to investing in impactful healthcare services businesses and driving transformative growth, and the successful sale of QualityMetric stands as a testament to these principles.
  • Piper Sandler & Co. acted as the exclusive financial advisor to Vesey Street Capital Partners in this transaction, and Kirkland & Ellis LLP acted as VSCP's legal advisor.

Vesey Street Capital Partners Strengthens its Team by Announcing the Addition of Heyward Donigan and Debbie Osteen to its Strategic Advisory Board

Retrieved on: 
Thursday, May 25, 2023

As such, we are adding two executives to our strategic advisory board who bring a wealth of industry expertise and success in leading Healthcare Services businesses.

Key Points: 
  • As such, we are adding two executives to our strategic advisory board who bring a wealth of industry expertise and success in leading Healthcare Services businesses.
  • "I am excited to become a part of VSCP's Strategic Advisory Board," noted Heyward.
  • "Joining this Strategic Advisory Board is a privilege, and I am excited about the potential to help shape the future of healthcare services", says Osteen.
  • Heyward Donigan was most recently the chief executive officer of Rite Aid, a position she was appointed to in August 2019.

Safecor Health Names Keith Pitts to Its Board of Directors

Retrieved on: 
Tuesday, March 7, 2023

COLUMBUS, Ohio, March 7, 2023 /PRNewswire/ -- Safecor Health ("Safecor," or the "Company"), the market leader of pharmaceutical unit-dose packaging services for hospitals and health systems, and Vesey Street Capital Partners ("VSCP"), a New York-based lower middle-market healthcare services private equity firm, today announced the appointment of Keith Pitts to Safecor's Board of Directors.

Key Points: 
  • COLUMBUS, Ohio, March 7, 2023 /PRNewswire/ -- Safecor Health ("Safecor," or the "Company"), the market leader of pharmaceutical unit-dose packaging services for hospitals and health systems, and Vesey Street Capital Partners ("VSCP"), a New York-based lower middle-market healthcare services private equity firm, today announced the appointment of Keith Pitts to Safecor's Board of Directors.
  • "To say that we're excited to be adding Keith to the Safecor Health board is if anything an understatement," suggested Adam Feinstein, Managing Partner at Vesey Street Capital Partners.
  • "We are extremely excited to be adding Keith's executive knowledge and hospital system understanding to our board," added Safecor Health CEO Steve Fischbach.
  • "I am excited to support VSCP and the leadership team at Safecor Health in their growth journey," highlighted Mr. Pitts.

Vesey Street Capital Partners Announces Senior Management Appointment and Firm Promotions

Retrieved on: 
Tuesday, February 14, 2023

The firm also announced the promotions of Takako Togami to Chief Financial Officer, and Alex Chouraqui to Vice President.

Key Points: 
  • The firm also announced the promotions of Takako Togami to Chief Financial Officer, and Alex Chouraqui to Vice President.
  • Prior to joining VSCP, Bryan Sekino spent most of his career as a healthcare investment professional with experience at Lehman Brothers, Barclays Capital, and Brant Point Capital Management.
  • I am excited about his new appointment to President and COO", said Adam Feinstein, Managing Partner of the firm.
  • Before joining Piper, Alex began his career at CIT Group, where he was an Associate on the Capital Markets team.

Safecor Health Names Mark Parrish as Chairman of Its Board of Directors

Retrieved on: 
Friday, December 16, 2022

"I am excited to take a more active role to support VSCP and the leadership team at Safecor Health," highlighted Mr. Parrish.

Key Points: 
  • "I am excited to take a more active role to support VSCP and the leadership team at Safecor Health," highlighted Mr. Parrish.
  • Suggested VSCP General Partner Larry Marsh, "Mark will be important in our journey with Safecor to provide precision dosing solutions to a broader marketplace."
  • Mr. Parrish has a long history with Safecor's co-founders, Steve Fischbach and Ryan O'Dell, from their time together at Cardinal Health.
  • Safecor Health has a track record of quality and for delivering significant cost savings to hospitals and health systems.

Safecor Health Introduces SafecorLogics

Retrieved on: 
Monday, December 5, 2022

COLUMBUS, Ohio, Dec. 5, 2022 /PRNewswire/ -- Safecor Health today announced SafecorLogics, a new program for health systems to reduce drug spend, build system-wide supply chain solutions and improve value-based care. SafecorLogics allows a health system to consolidate order volume across numerous hospitals and store packaged product in Safecor Health's warehouses. Combined with Safecor Health's drug spend analysis, SafecorLogics drives standardization and significant reduction in drug and packaging costs across multi-site and multi-state facilities.

Key Points: 
  • COLUMBUS, Ohio, Dec. 5, 2022 /PRNewswire/ -- Safecor Health today announced SafecorLogics, a new program for health systems to reduce drug spend, build system-wide supply chain solutions and improve value-based care.
  • SafecorLogics allows a health system to consolidate order volume across numerous hospitals and store packaged product in Safecor Health's warehouses.
  • Safecor Health has a track record of quality and for delivering significant cost savings to hospitals and health systems.
  • Safecor Health is a portfolio company of Vesey Street Capital Partners, LLC ("VSCP"), a New York-based middle-market health care services private equity firm.