LOS ANGELES–(BUSINESS WIRE)–Varsity Healthcare Partners (“VHP” or the “Company”), a healthcare-focused private equity investment firm, recently launched The VHP Foundation (the “Foundation”), a philanthropic vehicle funded and governed by VHP’s professionals. The Foundation’s mission is to make philanthropic grants to charitable organizations in local communities where VHP has full-time employees, as well as to organizations in other geographies whose philanthropic mission is consistent with the Foundation’s annual giving priorities.
The Foundation, which is currently funded through direct, discretionary donations contributed by VHP professionals, as well as a fixed percentage of proceeds backed by VHP owners, is to be co-chaired in perpetuity by sitting leaders of VHP’s investment and operating teams.
In alignment with its mission, the Foundation has already begun to support charitable organizations nationally, including: Habitat for Humanity of Greater Los Angeles (Los Angeles, CA), Cradles to Crayons (Chicago, IL), Greater Chicago Food Depository (Chicago, IL), Inspirica (Stamford, CT) and Roaring Fork Conservancy (Basalt, CO).
The Foundation is actively seeking requests for donation. Information on the Foundation is available at https://varsityhealthcarepartners.com/the-vhp-foundation/, and inquiries can be submitted via email to The-VHP-Foundation@varsityhealthcarepartners.com.
ABOUT VARSITY HEALTHCARE PARTNERS
Varsity Healthcare Partners (VHP) is a lower middle-market private equity investment firm focused on partnering with founders, entrepreneurs, and management teams to build leading healthcare services companies. VHP’s tactical investment strategy emphasizes identifying and transacting with growth-seeking, provider- or founder-owned companies, leveraging VHP’s developed “buy and build” playbook to drive significant operational, managerial enhancements early in the life of each platform investment, followed by a well-resourced aggressive and multidimensional growth plan. VHP’s unique tactical investment playbook and strong track record are complemented by VHP’s distinct organizational culture, emphasizing highly collaborative engagement, strong professional accountability, and a commitment to excellence in work product and team performance.
Contacts
For The VHP Foundation
The-VHP-Foundation@varsityhealthcarepartners.com
For Varsity Healthcare Partners
Mickey Mandelbaum / Julia Sidi
Prosek Partners
mmandelbaum@prosek.com / jsidi@prosek.com
