MBF HEALTHCARE MANAGEMENT II, LLC

Thesis

MBF Healthcare Management II, LLC, operating as MBF Healthcare Partners, is a private equity firm founded in 2005 and headquartered in Coral Gables, Florida. The firm specializes in the healthcare sector, targeting middle-market companies in the United States. Their investment strategy focuses on buyouts, recapitalizations, and growth equity investments, with a preference for control equity in platform businesses to implement a 'buy-and-build' strategy. They also provide creative partnerships and growth capital for new company launches, often alongside acquisitions. MBF Healthcare Partners II, L.P. is a closed-end buyout fund with a vintage year of 2016 and a reported size of $300 million, though its AUM was $210.8 million as of March 2025. Typical check sizes range from $10 million to $50 million in equity, with the ability to arrange larger investments through co-investments. The firm's sector focus is exclusively on healthcare services, including provider-based services, payor services, managed care, outpatient behavioral and mental health, post-acute care, home-based provider services, chronic care management, and outsourced services. The founding team has been together for approximately 20 years.