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Excellere Partners

Private equity

Denver · Growth · 27 people tracked

Also known as EXCELLERE CAPITAL MANAGEMENT LLC

Find your way into Excellere Partners

4,235 people in our graph share verified history with the Excellere Partners team — schools, employers, funds. One of them is your warm intro.

Zhenyu Tangunlockedknows Justin Unertl · together at University of Wisconsin-Madison (overlapped)
×10knows the team · via The Wharton School
knows the team · via The University of Chicago Booth School of Business
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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 Sep 1, 2026.

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

Team · 27 people

from the firm's website & curated

What they invest in

from 12 of 30 portfolio companies

Healthtech ×10Medical Devices ×6Digital Health ×5AI & Machine Learning ×3Biotech ×3Enterprise Software ×3Cleantech ×2Advanced Manufacturing ×1

HQs:United States×9

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 is an ENT medical practice that treats upper airway conditions including nasal blockage, sinus infections, snoring, and sleep apnea through team-based care and office-based procedures.

Digital HealthHealthtechMedical DevicesLebanon, US

Madan Kandula(Co-founder & MD)inGwen Kandula(Co-founder)in

Aiscaregroupaiscaregroup.comin

AIS Healthcare is a healthcare services company that has ceased operations in its ophthalmology medication and infusion care divisions as of May 2022.

Digital HealthHealthtechMedical DevicesGarden Grove, US

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.netin

Biocare Medical develops automated immunohistochemistry and molecular pathology instrumentation and reagents for tissue diagnostic testing.

BiotechHealthtechMedical DevicesCalifornia, US

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 Technologies designs and supplies cardiac PET/CT imaging equipment and services for medical facilities.

Digital HealthHealthtechMedical Devices

Lon Wilson(CEO)

Co-investorsHalifax Group

Concordconcord.netin𝕏

Concord provides secure document exchange and workflow automation solutions for healthcare and enterprise organizations to manage and transform documents into structured data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareHealthtechSaaSSeattle, US

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.comin𝕏

Hinterland Group provides pipeline services and trenchless sewer repair technologies for municipal and private water and wastewater systems across the southeastern United States.

CleantechConstruction TechFlorida, US

IPT

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

Lucidhealthlucidhealth.comin

LucidHealth is a physician-led healthcare organization that supports a national network of radiology practices across the United States through corporate services including operations, finance, technology, and strategy.

Digital HealthHealthtechMedical DevicesGreen Bay, US

Mark Alfonso(Chief Medical Officer)inDavid Grau(Chief Executive Officer)inMarc Miller(Practice President, Women's Imaging, Radiology Associates of the Fox Valley)Frederick Joachim(Practice President, Diagnostic Radiology & Body Imaging, Green Bay Radiology)Michelle Romero(Practice President, Breast & Body Imaging, Radiology Associates of Hartford)David West(Practice President, Diagnostic Radiology, Riverside Radiology & Interventional Associates and Lucid Teleradiology)in

MedExpress Urgent Care

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

Medlogixmedlogix.comin𝕏

Medlogix provides end-to-end medical claims management and cost containment solutions for property and casualty insurers, including auto liability, workers' compensation, and personal injury protection.

Digital HealthEnterprise SoftwareHealthtechInsurTech

Craig Goldstein(President/CEO)in

Mentis

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

Molecular Designsmoleculardesigns.comin

Molecular Designs develops and sells research assays and molecular diagnostic panels designed to run on standard PCR platforms, serving research labs seeking cost-effective and efficient testing solutions.

AI & Machine LearningBiotechDeep TechHealthtechMedical 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 temperature-controlled and protective shipping services for time-sensitive pharmaceutical and healthcare deliveries.

AI & Machine LearningHealthtechLogistics & Supply ChainOrlando, US

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 solutions for industrial facilities across the US, combining chemistry, equipment, and engineering services tailored to individual customer needs.

Advanced ManufacturingAgTechCleantechEnergyEnterprise 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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