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Excellere Partners

Private equity

Denver · Growth · 26 people tracked

Also known as EXCELLERE CAPITAL MANAGEMENT LLC

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Investment thesis

Excellere Partners is a private equity investment firm focused on partnering with entrepreneurs and management teams to build enduring value with an emphasis on partnership and excellence. The firm concentrates on three core areas of industry expertise: healthcare, business services, and industrial growth. It pursues platform partnerships and add-on transactions to help companies scale, drawing on sector-specific operating knowledge in domains such as water and wastewater treatment, pharmaceutical compounding, diagnostics, contract development and manufacturing, and healthcare IT.

Source: firm website, verified Aug 25, 2026.

Stage
Growth
HQ
Denver, US
Instruments
Equity · Debt
AUM
$2.3B
Tracked investments
30

Team · 26 people

from the firm's website

What they invest in

from 12 of 30 portfolio companies

Healthtech ×9Digital Health ×5Medical Devices ×4Biotech ×3AI & Machine Learning ×2Cleantech ×1Construction Tech ×1Enterprise Software ×1

HQs:United States×5

Investments · 30 tracked

founders shown can be your intro path
Advanced Ear, Nose & Throat Specialists

ENT (otolaryngology) practice operating 39 clinics across several states, focused on minimally invasive in-office procedures for breathing and sleep issues (also referred to as ADVENT).

Advanced Infusion Services

Compliance-focused provider of patient-specific medications for chronic pain patients with intrathecal pumps and other conditions (AIS).

Advanced Pain Management

Milwaukee-based provider of interventional pain management services across Wisconsin (APM).

Adventknowsadventknows.comin𝕏

ADVENT operates medical clinics offering in-office procedures for nasal blockage, sinus problems, snoring, and sleep apnea, using an airway evaluation with a nasal-first approach.

Digital HealthHealthtechLebanon, US

Aiscaregroupaiscaregroup.comin

AIS Healthcare provides in-home and infusion-center immunoglobulin and Alpha-1 therapies through its Advanced Infusion Care division, and patient-specific compounded medications for individuals with implanted intrathecal infusion pumps through its Targeted Drug Delivery division.

Digital HealthHealthtech

Apex Water and Process

Provides water and wastewater treatment solutions, including direct-to-chip data center cooling and ReclaimX wastewater reuse.

ASI

Trusted advisor to the U.S.

AxelaCare

Provider of home infusion therapy services including IVIg, hemophilia, IV antibiotics, and TPN, operating pharmacies serving patients across many states.

Biocare Medicalbiocare.net

Biocare Medical develops automated staining instruments and reagents, including over 300 optimized antibodies and in-house detection technologies, as an integrated platform for immunohistochemistry (IHC), in situ hybridization (ISH), and FISH workflows.

BiotechHealthtechMedical Devices

CDL

National provider of cardiac PET and nuclear medicine delivery solutions to independent cardiology practices and hospitals in the U.S.

Cdlnuclearcdlnuclear.comin

CDL Nuclear provides Cardiac PET/CT and SPECT MPI imaging services and end-to-end solutions for independent cardiologists and hospitals.

Digital HealthHealthtechMedical Devices

Co-investorsHalifax Group

Concordconcord.netin

Concord provides document and fax workflow automation for healthcare organizations, using AI to extract data from incoming documents and integrate it directly into systems of record.

AI & Machine LearningHealthtechSaaS

Concord Technologies

SaaS provider of cloud-based document transfer and AI-powered workflow solutions for healthcare and other document-intensive, privacy-sensitive industries.

G2 Integrated Solutions

National provider of asset integrity and compliance solutions for operators of natural gas and electric infrastructure.

Hinterland Grouphinterlandgroup.com𝕏

Hinterland Group is a water and sewer infrastructure contractor providing pipeline services, lift station installation, rehabilitation, trenchless technologies (including CIPP), new construction, capital improvement, and emergency response, along with an electrical division.

Construction Tech

IPT

Oil and natural gas engineering services firm specializing in well completion, hydraulic fracture stimulation, and reservoir engineering technologies.

Lucidhealthlucidhealth.comin

LucidHealth is a radiology company that provides teleradiology services, professional service agreements, and management services to healthcare partners across the US.

Digital HealthHealthtechMedical Devices

Mark Alfonso(Chief Medical Officer)

MedExpress Urgent Care

Provider of outpatient urgent care services operating centers in Pennsylvania, West Virginia, Colorado, and Florida (MedExpress).

Medlogixmedlogix.comin𝕏

Medlogix provides medical claims management services, including workers' compensation claims handling and online referrals.

Digital HealthInsurTech

Mentis

Provider of inpatient and outpatient post-acute neuro-rehabilitative care for patients with acquired brain injury.

Molecular Designsmoleculardesigns.comin

Molecular Designs develops molecular diagnostic products, including pre-plated PCR assays, extraction and sample collection systems, and a lab information system for clinical and research laboratories.

BiotechHealthtechMedical Devices

MTS Medication Technologies

International provider of pharmaceutical adherence packaging solutions and specialized automated dispensing equipment for long-term care, retail, and nutraceutical markets.

Parcelshieldparcelshield.comin𝕏

ParcelShield provides a carrier-agnostic package tracking and intervention platform that uses machine learning for pre-shipment intelligence, visibility, and post-delivery monitoring.

AI & Machine LearningHealthtechLogistics & Supply Chain

Personable Insurance

Independent agent-driven provider of non-standard auto insurance operating across California, Florida, Georgia, and Texas.

PhyMED

Provider of outsourced anesthesia, interventional pain management, and complementary services to hospitals, medical facilities, and ambulatory surgery centers.

SCA Pharmascapharma.comin

SCA Pharma is a 503B outsourcing facility that compounds and supplies sterile medications to hospitals and pharmacies, helping fill inventory gaps caused by supply chain disruptions.

BiotechHealthtech

SePRO Corporation

Research-based specialty chemicals company providing products and services for plant management, plant protection, and specialty agriculture.

Teamapexteamapex.com

Apex provides water and process treatment services, including chemistry, equipment, system design, monitoring, and compliance support for mission-critical water systems.

CleantechEnterprise Software

TrialCard Incorporated

Provider of market-access services to pharmaceutical manufacturers, including prescription adherence, patient case management, and reimbursement support.

Two Labs Marketing

Provider of pharmaceutical commercialization services including product launch, trade management, state licensing, and lifecycle management.

Fund performance · per public LP disclosures

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Excellere Capital Fund II, L.P.LPs: Los Angeles County Employees Retirement Association, San Diego City Employees' Retirement System201127.7%1.92x1.66x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Excellere Partners made?
Excellere Partners has 30 tracked investments.
What stage does Excellere Partners invest at?
Excellere Partners invests at the Growth stage.
What sectors does Excellere Partners focus on?
Excellere Partners focuses on Advanced Manufacturing, Biotech, Cybersecurity, Enterprise Software, Healthtech, Medical Devices.
Where is Excellere Partners located?
Excellere Partners is headquartered in Denver, US.

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