Varsity Healthcare Partners
Private equityLos Angeles Β· 20 people tracked
Also known as VARSITY MANAGEMENT COMPANY, LP
Investment thesis
Varsity Healthcare Partners invests in and builds healthcare companies through a differentiated partnership approach. The firm emphasizes unconditional alignment and transparency across all stakeholders, including founders, management teams, employees, and investors, positioning itself as a partner in healthcare private equity.
Source: firm website, verified Aug 11, 2026.
Team Β· 20 people
from the firm's websiteWhat they invest in
from 14 of 24 portfolio companiesHealthtech Γ14Digital Health Γ8AI & Machine Learning Γ2Medical Devices Γ2SaaS Γ2Hardware Γ1Mental Health Γ1Wellness & Fitness Γ1
HQs:United StatesΓ8
Investments Β· 24 tracked
founders shown can be your intro pathAngels of Care provides in-home health care, matching families with nurses, therapists, attendants, CNAs, and specialists to care for their loved ones.
Digital HealthHealthtech
Provider of emergency medicine and emergency department management services to hospitals across the US.
Provider of anesthesia services to hospitals and ASCs across six states.
Essential Anesthesia Management provides anesthesia management services to ambulatory surgery centers, hospitals, and endoscopy centers.
Healthtech
Vertically integrated provider of optometry and ophthalmology services.
GastroCare Partners is a management services organization (MSO) for gastroenterology practices, providing administrative support, capital, recruitment, and operational management so physicians can focus on patient care.
Digital HealthHealthtech
Ideal Option operates office-based outpatient clinics providing medication-assisted treatment for opioid, alcohol, and other substance addictions across the United States.
Digital HealthHealthtechMental Health
Orthopedic Care Partners (OCP) is an integrated orthopedic growth platform and management services organization (MSO) that partners with physician practices, providing operational resources, data analytics, and support for clinics and ambulatory surgery centers.
Digital HealthHealthtech
Provider of complete musculoskeletal and orthopedic care, from prevention and diagnosis to surgery and rehabilitation.
Peak Dental Services is a dental support organization (DSO) that partners with and supports neighborhood dental practices, providing recruiting, HR, credentialing, marketing, and patient scheduling services while dentists retain clinical autonomy and ownership.
Digital HealthHealthtech
Probo Medical is a global provider of new and refurbished diagnostic imaging equipment, offering sales, rentals, repairs, and training focused on ultrasound systems and probes.
HardwareHealthtechMedical Devices
Largest independent provider of surgicalist services in the US.
United Aesthetics Alliance (UAA) is a management and investment platform that partners with board-certified plastic surgery practices and affiliated medical spas across the U.S., providing capital, back-office administration, finance, marketing, technology, and operations support.
HealthtechMedical DevicesWellness & Fitness
Ventra Health provides revenue cycle management, medical billing, coding, and claims services for hospitals, health systems, and facility-based physician practices across the US, with specialties including anesthesia, emergency medicine, hospital medicine, and radiology.
AI & Machine LearningHealthtechSaaS
David Sides(Chief Executive Officer)
Fund performance Β· per public LP disclosures Β· 2
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Varsity Healthcare Partners IVLPs: South Carolina Retirement System Investment Commission | 2023 | β | 11.1% | β | β |
| Varsity Healthcare Partners III, L.P.LPs: San Diego City Employees' Retirement System | 2019 | β | 8.8% | 1.43x | 0.00x |
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
- What sectors does Varsity Healthcare Partners focus on?
- Varsity Healthcare Partners focuses on Healthtech.
- Where is Varsity Healthcare Partners located?
- Varsity Healthcare Partners is headquartered in Los Angeles, US.
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