Bethesda Β· Growth Β· 4 people tracked
Find your way into Northlane Capital Partners
2 people in our graph share verified history with the Northlane Capital Partners team β schools, employers, funds. One of them is your warm intro.
Investment thesis
Northlane Capital Partners focuses on middle-market healthcare and business services businesses across North America, primarily buying from founders and smaller institutional investors and partnering with management teams. It targets companies with sustainable competitive advantages, attractive growth, strong financial performance, and experienced leadership, typically with enterprise values of $50-350M and EBITDA of $5-30M. Investment themes favor outsourcing trends, secular growth, low cyclicality, recurring revenue, and high free cash flow. Healthcare sub-verticals include behavioral health, dental services, employer health benefits, healthcare IT, lab services, medical device outsourcing, pharmaceutical services, and regulatory/compliance. Business services areas include automation, training/certification, HR outsourcing, insurance services, legal services, logistics, software/IT services, and financial services. The firm creates value through organic growth, add-on acquisitions, and its executive network.
Source: firm website, verified Sep 1, 2026.
Team Β· 4 people
from public directoriesWhat they invest in
from 27 of 51 portfolio companiesEnterprise Software Γ14Healthtech Γ10SaaS Γ9Biotech Γ5Fintech Γ5Data & Infrastructure Γ4Digital Health Γ4EdTech Γ4
HQs:United StatesΓ18United KingdomΓ1
Investments Β· 51 tracked
founders shown can be your intro pathThe Difference Card provides health insurance benefits solutions and cost-savings programs for small and mid-sized employers, helping them reduce healthcare expenses while maintaining comprehensive benefits coverage.
Enterprise SoftwareFintechHealthtechHR TechInsurTechWhite Plains, US
Joseph Donovan(Chief Executive Officer)inRosa Garcia Rinder(Chief Operating Officer)in
Co-investorsPharos Capital GroupStone Point
File & ServeXpress provides case management, document management, and party management software for attorneys to streamline litigation workflows.
Enterprise SoftwareGovTechLegalTechSaaSDallas, US
Tammy Carter(Chief Executive Officer)
Advarra provides clinical research services and technology, including institutional review board (IRB) and institutional biosafety committee (IBC) review, data monitoring, endpoint adjudication, and consulting, along with software platforms for clinical trials.
BiotechDigital HealthEnterprise SoftwareHealthtechSaaSColumbia, US
Gadi Saarony(Chief Executive Officer)inDwight Van Inwegen(Chief Financial Officer)inScott Uebele(Chief Operating Officer)inMarco Capasso(Chief Legal and Risk Officer, Secretary to the Board)inLauri Carlile(Chief Research Services Officer)inBrian Hart(Chief Technology Officer)in
Co-investorsGenstar
Affordable Care provides business support and administrative services to dental practices across the U.S., handling non-clinical tasks like payroll, insurance, and marketing so dentists can focus on patient care.
ConsumerEnterprise SoftwareHealthtechResearch Triangle Park, US
Peter Bridgmanin
Co-investorsAea Investors
Provider of outsourced content management services across educational, professional, and financial publishing and enterprise solutions.
Aptara provides custom content development, design, and publishing services for enterprises, transforming static content into digital formats for revenue generation, training, and operations.
AI & Machine LearningData & InfrastructureDeveloper ToolsEdTechEnterprise SoftwareFintechMarketing TechMedia & Entertainment
Contract manufacturer of specialty medical tubing, including wire-reinforced cardiac catheters.
BrandMuscle is a channel marketing platform for beverage alcohol brands and Fortune 1000 companies to activate and scale local market campaigns.
AdTechEnterprise SoftwareMarketing TechSaaS
Scott Weeren(Chief Executive Officer)in
Acquisition-focused insurance agency providing property, casualty, and employee benefits services, headquartered in Virginia Beach, VA.
Virginia Beach, US
James Richard Braun(Executive Officer)
CIBT provides immigration and visa services for corporations and individuals, including global immigration strategy advisory and business travel visa solutions.
Enterprise SoftwareGovTechLegalTechSaaSTravel & Hospitality
Sergey Petrov(Senior Vice President of Global Immigration Standards and EMEA Service Delivery)
Co-investorsABRY Partners
Consumer premise equipment repair company serving the broadband industry.
Fintech
Co-investorsBregal Sagemount
Empower Community Care operates evidence-based programs and software for youth, adults, families, and communities involved in the justice, child welfare, and mental health systems.
Digital HealthEdTechHealthtechMental HealthSaaSTampa, US
Josh Glade(Co-Founder and Board Member)inKeller Strother(Co-Founder & Senior Advisor)inJP Guilbault(Chief Executive Officer)in
Enterprise software provider enabling the design and delivery of personalized communications for large companies.
Financial Asset Management Systems provides accounts receivable collections and recovery services for businesses across the US, with emphasis on maintaining client relationships and regulatory compliance.
Enterprise SoftwareFintechSaaSGeorgia, US
Provider of online document exchange, data management, notification, and payment solutions for courts, government agencies, and legal professionals.
Firma is a contract research organization that supports clinical trials with decentralized trial capabilities, biometric monitoring, and in-home patient visits.
BiotechDigital HealthHealthtechMedical Devices
Co-investorsThompson Street Capital Partners
Infobase is an information literacy solutions provider offering trusted educational content and tools including videos, eBooks, articles, and interactive activities for learners, educators, and organizations across Kβ12, colleges, public libraries, and employers.
Data & InfrastructureEdTechEnterprise SoftwareMedia & EntertainmentSaaS
Bill Rieders(Chief Executive Officer)Neil Hamilton(Chief Financial Officer)inDan Powell(Chief Technology Officer)Rich Foley(Chief Revenue Officer)inEric Stutzke(Senior Vice President & General Manager, Vault)Eva Gilbreath(Vice President, Human Resources)in
Provider of outsourced revenue cycle management services for physician groups and practice management companies.
Provider of radiation detection and monitoring equipment and services for nuclear power, defense, and medical markets.
MultiTech provides wireless sensing and communications products that enable original equipment manufacturers and service providers to build connected products and services.
Advanced ManufacturingEnterprise SoftwareHardwareIoTMounds View, US
Scott MacDonald(Chief Executive Officer)Sean Fleming(Vice President of Transformation)inAndrew Houen(Chief Financial Officer)inMike Doty(Chief Operating Officer)Alp Sezen(Chief Product Officer)inBrian Billeter(Chief Commercial Officer)in
PAR Systems provides industrial automation and manufacturing solutions, including capabilities in nuclear power and friction stir welding technology designed to support environmentally friendly initiatives.
Advanced ManufacturingHardwareRoboticsMinneapolis, US
Karla Leis(President and CEO)in
Provider of high-precision robotic systems design, assembly, installation, and service for aerospace, marine, nuclear, and military markets.
PAR Excellence Systems designs and delivers hardware and software solutions for healthcare supply chain management.
Enterprise SoftwareHealthtechLogistics & Supply ChainSaaSOhio, US
Plus Delta Partners provides professional development and training programs for non-profit organizations focused on improving fundraising effectiveness.
EdTechHR Tech
Co-investorsStellus Capital Management
Multi-channel direct marketer with 15 complementary specialty consumer brands offering home decor, apparel, gifts, and accessories.
Non-asset-based provider of long-haul less-than-truckload transportation services.
Provides long-haul, metro-to-metro less-than-truckload (LTL) freight shipping through a network of 32 service centers located in major metro markets.
Logistics & Supply Chain
Science Care operates a non-transplant tissue banking program that partners with medical researchers and educators, enabling donor contributions for medical research, education, and product development.
BiotechCircular EconomyHealthtechImpact & Social GoodMedical Devices
Tricia Hammett(CEO & Program Director)in
World's largest venue management company providing private management services to public assembly facility owners.
Soil Safe operates soil recycling facilities across three states, processing petroleum-impacted soil and similar materials into engineered products for use in construction and development projects.
Circular EconomyCleantechConstruction TechColumbia, US
Co-investorsHalifax Group
Specialty insurance consultancy providing professional representation to business and property owners during property insurance claims.
Stella Adjusting provides insurance claims adjustment services for residential, commercial, and condo properties in Florida, handling claims related to hurricane, water, fire, flood, mold, and other property damage.
InsurTechFlorida, US
Provider of healthcare cost containment solutions for employers (sold in 2025).
Provides title management services to auto lenders and electronic vehicle registration services to auto dealers.
Forensic toxicology laboratory specializing in testing for alcohol and substance use in newborns, children, and adults.
VMG Health is a healthcare consulting firm that has served healthcare organizations of all sizes for 30 years, providing advisory services on business performance, strategy, and regulatory matters.
Enterprise SoftwareHealthtechNashville, US
Co-investorsIncline
Telephone and internet-based survey and market research company focused on market research and political polling.
Weston provides environmental and infrastructure consulting, planning, engineering, construction, and operations & maintenance services, including remediation of PFAS contamination, EV charging (EVSE) management, and plugging of orphaned oil and gas wells.
CleantechConstruction TechEnergy
Roy F. Weston(Founder)Larry Bove(Chief Executive Officer)
Preclinical contract research organization providing product safety and toxicology research to biopharma and agro-chemical industries.
Exits Β· 1
IPOs and acquisitions across the tracked portfolioDiscovery Dataacq. by ISS Market Intelligence
Fund performance Β· per public LP disclosures Β· 3
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Northlane Capital Partners I, L.P. - IHAMLPs: San Diego City Employees' Retirement System | 2014 | β | 40.3% | 2.05x | 2.05x |
| Northlane Capital Partners I, LPLPs: San Diego City Employees' Retirement System | 2003 | β | 81.2% | 2.63x | 2.63x |
| Northlane Capital Partners II LPLPs: Texas Municipal Retirement System | β | β | 31.8% | 3.46x | 2.62x |
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 Northlane Capital Partners made?
- Northlane Capital Partners has 51 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Northlane Capital Partners invest at?
- Northlane Capital Partners invests at the Growth stage.
- What is Northlane Capital Partners's typical check size?
- Northlane Capital Partners typically writes checks of $25M β $150M.
- What sectors does Northlane Capital Partners focus on?
- Northlane Capital Partners focuses on Digital Health, Fintech, Healthtech, HR Tech, InsurTech, LegalTech, Logistics & Supply Chain, Medical Devices, Robotics, SaaS.
- Where is Northlane Capital Partners located?
- Northlane Capital Partners is headquartered in Bethesda, US.
- Who does Northlane Capital Partners co-invest with?
- Northlane Capital Partners most often shares deals with Aea Investors, Bregal Sagemount, H.I.G. Capital, among 9 tracked co-investors.
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