Private equity, and its slash-and-burn routine, doesn’t always play nice with healthcare companies. $55 billion New Mountain Capital wants to win big in healthtech with a different playbook. In May, New Mountain announced the creation of Smarter Technologies, an audacious healthcare AI rollup. It’s the latest in a string of aggressive healthcare bets spearheaded by Matthew Holt, New Mountain managing director and president of private equity, who’s been a fixture at the firm for 23 years. He’s taking hints from venture capital for an approach to healthcare PE that prioritizes growth and tech innovation, and VCs are loving it.
Read the full article: ‘Order the New Mountain Special’: How One Private Equity Firm Is Bringing Big Exits Back to Healthcare VC //
Source: https://www.aol.com/order-mountain-special-one-private-090002068.html