Persistence Capital Partners

About

Founded in 2008 by Dr. Sheldon Elman and Stuart M. Elman, Persistence Capital Partners ("PCP") is Canada’s only private equity fund exclusively focused on high-growth opportunities in Canadian healthcare.

The firm is comprised of former owners, operators and regulators of healthcare businesses in Canada and around the world, with more than a hundred years of collective experience. We understand the strategic and operational issues business owners and management teams are facing. This makes PCP the partner of choice for growth capital, or to provide business owners with full or partial exit opportunities.

Deep industry knowledge and extensive M&A experience allow us to rapidly assess and act on opportunities. Our goal is to create significant long-term value by identifying and developing attractive investments with a focus on businesses across a broad spectrum in healthcare.

Source: Persistence Capital Partners

Strategy

Persistence Capital Partners’ ("PCP") investment strategy is proven and has resulted in superior returns for our investors.
Broadly speaking, we seek out opportunities in profitable, entrepreneur-driven, growth- and service-oriented healthcare businesses. We are in a unique position to apply this strategy thanks to deep industry knowledge and operational experience in the healthcare market. This allows us to navigate the complex regulatory framework and government policies at work in each province and trends that impact healthcare as a whole.
With a team comprised of successful healthcare entrepreneur-operators and financial experts, PCP works actively and closely with portfolio companies in developing strategic plans to accelerate growth and profitability. We also act as a financial partner to our portfolio companies by providing strategic direction and transaction support, as with mergers, acquisitions, recapitalizations, divestitures/carve-outs, distressed restructuring, and financing.
Investment Criteria

PCP combines healthcare expertise with rigorous due diligence to select leading companies as investment partners. We acquire private companies, support management buy-outs, provide growth capital, and lead industry consolidations and roll-ups.

Illustrative Investment Profile
• Canadian based or operated healthcare companies
• Experienced, entrepreneurial management teams with a track record of success and longer term strategic objectives
• Established, profitable businesses addressing market opportunities with high growth characteristics
• EBITDA between C$1 million to C$10 million (and above, for investments in which we involve our co-investing partners)


Source: Persistence Capital Partners