Enhanced Healthcare Partners (EHP), a New York-based private equity firm focused on investing in middle-market healthcare businesses, has appointed Dave Prendergast as Vice President – Business Development, effective immediately.Prendergast joins EHP to lead the firm’s business development efforts, where he will focus on identifying investment opportunities in founder and entrepreneur-led lower middle-market healthcare businesses in North America, targeting platforms between $50 and $250 million in enterprise value in the healthcare services sector including provider-based services, pharma services, payor services and technology-enabled services.
Prendergast brings more than seven years of private equity experience in healthcare services, healthcare information technology (HCIT) and technology-enabled business services. Previously, he served as Vice President of Business Development at Waud Capital, identifying investment opportunities within the firm’s healthcare services vertical. Prior to Waud Capital, he served as Vice President at Great Point Partners, where he focused on healthcare, and more specifically, outsourced provider services, payor services, dental, HCIT and distribution businesses. Mr. Prendergast began his career as an associate at Summit Partners.
Malcolm Kostuchenko, Partner at EHP, says: “We are excited that Dave has joined EHP. Business development is critical to our disciplined and process-driven investment approach. Dave will be actively working with our investment team to build on our systematic process of investing behind attractive investment themes we identify in the market.”
Matt Thompson, Partner at EHP, adds: “Dave’s network and industry insights are very relevant to our target niches in healthcare. We look forward to his contributions as we seek to make new platform investments and follow-on acquisitions.”
“This is a great opportunity as EHP has such a powerful value proposition,” says Prendergast. “The firm’s approach to partnering with exceptional management teams in its target industry niches and working with them to grow world-class healthcare companies has made EHP very successful. I am excited to help build upon the firm’s success and help drive new investment activity.”
Prendergast holds an MBA from Harvard University and a BS from Cornell University.
