LockeBridge Expands Healthcare Facilities & Services M&A Practice with Addition of Four Industry Veterans

17 Sep

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For Immediate Release
October 17, 2019 

 

LockeBridge Capital Partners is pleased to announce that the firm has expanded its Healthcare Facilities & Services investment banking practice with the addition of three industry veterans.

Changes in healthcare costs, reimbursement rates, and federal policies are impacting the plans of most healthcare participants. As a result, we have never been more active advising on M&A transactions, strategic partnerships, and financing alternatives across a range of healthcare verticals. LockeBridge clients range from early revenue companies raising capital to fund innovative healthcare IT initiatives to multi-billion-dollar international medical device companies seeking acquisitions and divisional divestitures to post-acute care facilities seeking to acquire, merge or divest.

 

WELCOME FOUR NEW LOCKEBRIDGE DIRECTORS
Healthcare Facilities & Services Vertical

David Carter, LNHA
David has been working with skilled nursing homes and healthcare operations since the mid-1980s. David’s mergers and acquisition advisory expertise is complimented by his experience as an administrator in 20 facilities across seven states as well as his leadership of numerous teams as a Regional Director of Operations.

David has successfully implemented cutting edge programs that created sustained stability in this ever changing and growing healthcare environment. David eventually became known as a change agent of facilities, implementing technology solutions resulting in increased efficiency and improved quality outcomes. David served 6 years as a Medic in the Ohio National Guard and is a graduate of The Ohio State University.

Vincent Brown
Vincent has built sustainable business solutions for healthcare providers, insurers, and investment banking and advisory services. Vincent loves to build exceptional businesses with outstanding people. He has held C-Suite leadership roles in several healthcare startups and owned management service organizations. One of Vincent’s numerous successes includes the co-founding of a healthcare technology company focused on chronic disease management and medical weight loss.   He was a Principal and Senior Vice President of Strategy and Business Development during his tenure.

Rick Marciniak
Rick not only has significant successes in raising capital and growth advisory, he is an accomplished executive with a strong portfolio of successes driving strategy, revenues and innovation for both early stage and mature organizations ranging in size from $1M to $4B.

With more than thirty years senior management experience building and managing brand and marketing communications departments for international agencies and corporations, Rick significantly impacted organizational growth and profitability by expanding core capabilities with new products, services, technology and personnel.

As a senior management consultant, he has leveraged that experience to bring a video technology start-up from $0 to $11M in the first 18 months and a healthcare services company from inception to publicly traded status in just under two years. Rick is a former board member of the International Foundation for Chronic Disabilities and the Boston Chapter of the Family Firm Institute.

Chris Walls
Chris has more than 35 years’ industry experience managing large operations and delivering complex services.  He is a veteran healthcare executive leader and expert in healthcare IT and hospital and medical practice technologies and services.

Chris has worked with some of the largest healthcare systems in the county such as Ardent Healthcare, Ascension Health and Anthelio Health Solutions in capacities such as President of Service Delivery and Global CIO. He has significant experience managing end-to-end solutions including IT infrastructure services, IT applications management, EHR optimization, Patient Engagement, Analytics, and Revenue Cycle Management.

Chris is an experienced board member, having held board positions with organizations such as Pulse Systems Inc., Venyu Inc., and Summit Technologies. Chris is also the author of numerous healthcare articles.

Scott Waxler, LockeBridge Managing Partner, comments “For non-healthcare sectors deep subject matter expertise within the vertical is often not necessary.  Within the healthcare sector however, industry specific expertise on matters pertaining to compliance, regulations, processes & methods and numerous other industry specific issues is often critical know-how for investment bankers. 

At LockeBridge our Directors not only have a thorough understanding of industry specific issues impacting the merger, acquisition and selling process, they have first-hand operational knowledge only garnered by those that have years of operational experience working with providers”