Bailey Southwell & Co appoints Managing Partner to lead BSC Capital Partners
Bailey Southwell & Co (Bailey Southwell), a Nashville-based healthcare and tech-enabled services merchant bank, has appointed a new managing partner to lead BSC Capital Partners (BSCCP), the firm's affiliated principal investment fund that makes minority investments in growth and late-stage healthcare and tech-enabled services companies.
New managing partner Tim Scallen has over a decade of experience in portfolio management, fundraising, and deal execution – complemented by his focus across the healthcare technology and information analytics sectors.
Most recently a principal at TripleTree’s TT Capital Partners, Scallen has a broad set of M&A experiences ranging from growth-equity investing, late stage buyouts, and subordinated lending garnered from his roles as an investor, board member, and advisor to companies across a variety of industries. Scallen has also held positions at Norwest Equity Partners and Bain Capital and holds a BBA from the University of Notre Dame.
BSCCP has made five investments to date, including Retina Consultants of America, Data Dimensions, Shearwater Health, ChartSpan, and Tellus. Given Bailey Southwell’s leading investment banking platform in advising innovative middle-market companies, the firm can provide real-time market feedback on evolving industry dynamics within the payer, provider, and tech verticals to help management teams augment strategies and expand their growth opportunities.
“BSCCP has built a strong foundation and their current portfolio of investments underscores the firm’s expertise and expansive network of relationships within the healthcare and tech-enabled services industries,” says Scallen. “I am beyond excited to join the Bailey Southwell team to build on this momentum and take BSCCP to the next level.”
BSCCP’s investment criteria focuses on making investments into privately held, high growth companies in the healthcare technology, payer services, healthcare services, and tech-enabled services companies.
“We are thrilled to be welcoming Tim to our leadership team to help solidify and expand our investment capabilities,” says Jeff Bailey, Co-Founder and Managing Director of Bailey Southwell. “His sector experience aligns perfectly with our investment thesis, and he has experience in building a world-class private equity platform. Our three foundational elements of providing access to our network, insights to monitor emerging trends, and M&A market feedback through our investment banking platform has enabled the fund to make differentiated investments that we know Tim will continue to build upon.”