Enhanced Healthcare Partners Exits SCA Pharma
NEW YORK, NY (January 21, 2021) — Enhanced Healthcare Partners (“EHP”), a leading healthcare-focused private equity firm, is pleased to announce the successful exit from its platform investment in SCA Pharmaceuticals, LLC (“SCA Pharma”) through the sale of the business to The Vistria Group and Excellere Capital Management.
A leading FDA 503(B) outsourcing facility, SCA Pharma delivers the highest quality sterile admixtures and pre-filled syringes to hospitals and health systems nationwide. With facilities in Little Rock, AR and Windsor, CT, SCA alleviates common problems health care facilities face such as wasted product, drug shortages, time-consuming processes, compliance issues, staffing costs, and patient safety concerns. Over the past five years, the Company has deeply invested in facility expansion, infrastructure, automation and quality to support the Company's growth.
SCA Pharma’s CEO Milton Boyer said, “We are very pleased that as we continue our expansion efforts and improvements in our efficiencies, our new partnership with The Vistria Group and Excellere will allow us to accelerate these efforts. Both partners recognize the unprecedented growth that we have achieved and are committed to fast-tracking our expansion and automation goals.”
In speaking about its partnership with EHP, he continued, “We benefitted tremendously from our relationship with Enhanced and are grateful for their insight and support,” Boyer said. “Our growth under their leadership has been phenomenal.”
“We are proud of what SCA and the team accomplished throughout our partnership and are honored to have played a role assisting the company in its expansion and growth initiatives,” said EHP’s General Partner Matt Thompson. “We wish Milton—and the rest of the management team—the best of luck in this next stage of growth and could not be more confident in SCA's ability to continue on its trajectory of growth and innovation.”
Terms of the transaction were not disclosed. William Blair & Company served as exclusive financial advisor and McDermott Will & Emery served as legal counsel to SCA Pharma.
ABOUT ENHANCED HEALTHCARE PARTNERS
Enhanced Healthcare Partners is a leading healthcare-focused private equity firm dedicated to making minority and majority investments in founder and entrepreneur-led lower middle-market companies. The EHP team has managed approximately $1 billion in equity capital and is comprised of professionals with deep healthcare, operations, consulting and investment management experience. The firm seeks to invest in companies between $50-$250 million in enterprise value, driving deep partnerships with management and founders to catalyze growth and build great organizations. For more information, visit: www.enhancedhealthcare.com.
ABOUT SCA PHARMA
SCA Pharma is a nationally recognized FDA 503B outsourcing facility specializing in providing the highest quality sterile admixture services to hospital pharmacies throughout the U.S. Choosing to outsource products with SCA alleviates common problems health care facilities face such as wasted product, drug shortages, time-consuming processes, compliance issues, staffing costs, and patient safety concerns. Our state-of-the-art facilities exceeds USP <797> standards and meets cGMP requirements. Our very talented, experienced, and dedicated team of professionals is committed to providing the safest products for patients and outstanding service. It is our policy to create a partnership with our customers based on values, quality, innovations, and patient safety.
ABOUT EXCELLERE CAPITAL MANAGEMENT
Excellere is a private equity investment firm based in Denver. Since its inception in 2006, Excellere has aspired to build a differentiated private equity firm — one focused on the unique needs of emerging private companies with aspirations to build industry leadership and enduring value. Visit ExcellerePartners.com to learn more.
ABOUT THE VISTRIA GROUP
The Vistria Group is a Chicago-based private investment firm focused on investing in middle market companies in the health care, education, and financial services sectors. Vistria’s team is comprised of highly experienced operating partners and private equity executives with proven track records of working with management teams in building innovative, market-leading companies. For more information, visit Vistria.com
FOR PRESS INQUIRIES
Joanne Verkuilen
MiddleM Creative, on behalf of Enhanced Healthcare Partners
joanne@middlemcreative.com
T 980.785.4356