Dental Support Organization’s PE Closes Debut Fund

Marquee Dental’s private equity partner, Chicago Pacific Founders closed its inaugural fund which is oversubscribed at a $325 million hard cap. The firm invests in middle-market healthcare companies.  Chicago Pacific Founders has deployed capital along three investment platforms: CPF Living Communities, Marquee Dental Partners, and Recovery Ways.

The funding came from a mix of pension, endowments, insurance companies and institutional investors, as well as strategic industry investors and entrepreneurs.

“We believe that the positive response of our limited partners to this fundraising process signals their conviction in the strength of our investment thesis, the team we’ve assembled and our expertise in creating value and driving returns at our portfolio companies,” said Mary Tolan, Managing Partner, Chicago Pacific Founders.

Larry Leisure, Managing Partner said “We are excited now to have the luxury of exclusively focusing on investing in great companies and continuing to build on the trust and confidence that our partners have shown in us.”

Vance Vanier M.D., Managing Partner added, “The experience that we bring as former healthcare executives and the respect we have for entrepreneurs is giving us the opportunity to work with world class talent.

Source: PE Hub