HEP PARTNERS LLC
HEP PARTNERS LLC is a Series C+ fund in the US writing $5M–$15M checks into Healthcare and healthcare-services.
- Stages
- Series C+
- Sectors
- Healthcare, healthcare-services
- Check size
- $5M–$15M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2012
- Assets under management
- $257.9M
Thesis
HEP Partners is a private equity firm that invests in healthcare information technology and services companies within the lower middle market. Their strategy focuses on companies that improve healthcare delivery, patient experience, access, and reduce costs. They prefer companies with recurring revenue models, that are revenue-positive or nearing cash flow breakeven, and generally avoid pre-revenue businesses. The typical investment size is between $5 million and $15 million, targeting companies with a clear path to profitability within 12-18 months. HEP Partners often acts as a lead investor, seeking significant minority or majority stakes, and prefers to partner with experienced healthcare operators. The firm's geographic focus is primarily the United States. As of December 31, 2025, HEP Partners reported approximately $257.9 million in AUM across 10 private funds, with over $600 million committed in total. The firm was founded in 2012.
Common questions
Does HEP PARTNERS LLC invest at the Series C+ stage?
Yes. HEP PARTNERS LLC lists Series C+ among the stages it invests in.
What check size does HEP PARTNERS LLC write?
HEP PARTNERS LLC writes $5M–$15M checks.
Where does HEP PARTNERS LLC invest?
HEP PARTNERS LLC invests in the US.