Profile
Sheridan Capital Partners is a private equity firm based in Chicago, Illinois, founded by Jonathan Lewis and Sean Dempsey. Specializing in healthcare investments, the firm is noted for its focus on outsourced services, product and manufacturing, and patient services. Sheridan differentiates itself through a deep industry focus and strategic partnership approach, helping management teams optimize for growth and value creation.
Sheridan's investment themes revolve around healthcare, particularly targeting sectors with positive secular trends. They invest across outsourced services, healthcare IT, healthcare providers, and related technology. Their typical investment size is $10-50 million, focusing on Series A through late-stage deals. The firm's funds include Fund IV at $1.1 billion and the new Healthcare IT Fund I at $245 million, targeting North America. Total assets under management exceed $2.4 billion.
Notable portfolio companies within Sheridan's funds include Smile Doctors - orthodontics services, SpendMend - hospital cost-saving solutions, Diamondback Drugs - specialty veterinary pharmacy, Carolina Components Group, Tres Health, and Currier Plastics. These investments highlight Sheridan's distinct focus on healthcare across multiple subsectors.
Industry
Sheridan Capital Partners Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Sheridan Legacy Fund I
|
Private Equity (PE)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
|
Series B
Late Stage (Series C+)
|
North America
|
$5-10 m
|
$150 M
|
October 2012
|
|
Sheridan Capital Partners Fund III, LP
|
Private Equity (PE)
|
Financial Services
Fintech
Food and Beverage
Foodtech
Healthcare Services
|
Series B
Late Stage (Series C+)
|
North America
|
$5-10 m
|
$575 M
|
June 2023
|
|
Sheridan Capital Partners Fund IV
|
Private Equity (PE)
|
Healthcare Services
Medical Devices
MedTech
|
Series A
Series B
Late Stage (Series C+)
|
North America
|
$10-50 m
|
$1100 M
|
October 2026
|
Contacts
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