Navigation Links
Yankee Equity Solution ("YES") Launches $50 Million Fund for Mass.-Based Medtech Companies
Date:11/21/2008

Yankee Equity Solution (YES) has launched the $50 million “YES Medical Technology Fund”, a private equity vehicle to help Mass.-based medical technology companies with revenues and profits to expand their commercialization efforts. Specifically, the YES Medical Technology Fund will provide growth capital to medtech companies that have revenues of at least $10 million, are profitable (minimum $2 million EBITDA), and have the potential to be number-one or two in their target market.

BOSTON (Business Wire EON) November 21, 2008 -- The YES Medical Technology Fund's Managing Director, John A. Williams, has successfully built and sold several publicly and privately held healthcare companies, including a leading medical technology company specializing in the brain-monitoring sector, which was sold to Hospira, Inc. Williams, who was recruited to this turnaround situation, identified an innovative new neuromonitoring platform for the surgical suite, raised $70 million and led a successful IPO while relocating the company from California to Massachusetts.

"The YES Fund is looking to invest in medtech companies that are fundamentally well-managed, but which possess unrealized commercial potential that can be unlocked with the help of financial resources, as well as strategic and operational expertise," said Williams. "Our aim is to build on a company's existing strengths by helping management fuel growth by fine-tuning operating processes and executing a driven expansion plan.

"Also of note about the YES Fund is that, unlike many other private equity firms with rigid charters and institutional constraints that require rapid returns," added Williams, "all of our capital comes from one source, thereby empowering us to be flexible, patient and focused."

Williams earned a master's degree in Industrial Psychology, cum laude, from Springfield College; and a bachelor's degree from Boston University, where he was a starter for the "Pasadena Bowl" Terrier football team in his senior year.

Mass.-based medtech companies with revenues of at least $10 million that are profitable and have the potential to be number-one or two in their market are encouraged to send a business plan in confidence to jawilliams@yankeeequitysolution.com.

MULTIMEDIA GALLERYhttp://www.businesswire.com/cgi-bin/mmg.cgi?eid=5836962

Read the full story at http://www.prweb.com/releases/medical_technology/yes_medical/prweb1652054.htm


'/>"/>
Source: PRWeb
Copyright©2008 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Yankee Candle Company Sheds Some Light In The Fight Against Breast Cancer
2. Escalon(R) Medical Corp. Completes $1.1 Million Private Equity Financing
3. Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: WMT, EYE, ESRX, EXP, QLGC, NSM
4. Private equity companies purchase nursing homes, but care does not suffer
5. Patient Safety Technologies Closes on $2.325 Million in Equity Financing
6. NeoGenomics to Present at the Noble Financial Equity Conference
7. The Quantum Group to Present at the Noble Financial Equity Conference
8. STAAR Surgical to Present at the Noble Financial Equity Conference
9. Uroplasty to Present at the Noble Financial Fourth Annual Equity Conference
10. Aduromed Closes Restructuring and Raises $3.8 Million of New Equity Capital
11. Cell Therapeutics, Inc. Announces $12 Million Equity Line of Credit
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
 Yankee Equity Solution ("YES") Launches $50 Million Fund for Mass.-Based Medtech Companies 
(Date:6/28/2017)... ... June 28, 2017 , ... Schneider ... planning assistance to clients in southern Montana, is announcing a focused charity effort ... , The outreach programs offered by Zoo Montana provide students with current knowledge ...
(Date:6/28/2017)... (PRWEB) , ... June 28, 2017 , ... ... assistance and financial consultations to communities in northern Virginia and DC, is announcing ... help provide for patients with Alzheimer’s and other disorders that lead to memory ...
(Date:6/27/2017)... ... June 27, 2017 , ... Excel Medical, ... Finnegan to the position of Executive Vice President, Sales and Marketing. Finnegan is ... telehealth and medical device sales leadership. He has received industry recognition for innovations ...
(Date:6/27/2017)... PA and London UK (PRWEB) , ... June 27, 2017 , ... ... applying to a clinical study is whether they can trust the sponsor to pay ... it is vital that sponsors and CROs establish payment strategies that encourage sites to ...
(Date:6/27/2017)... ... June 27, 2017 , ... Salucro, the cloud-based payment platform ... industry’s hospitals and provider groups, has announced that it will now offer Parasail’s ... is a San Francisco health-finance startup that has launched a series of tech-based ...
Breaking Medicine News(10 mins):
(Date:6/16/2017)... , June 16, 2017 Datascope Corp. is voluntarily performing ... Corp. for a potential electrical test failure code.     ... PART NUMBER ... CS300 IABP 0998-UC-0446HXX; ... This ...
(Date:6/13/2017)... Ind. , June 13, 2017 Zimmer Biomet ... musculoskeletal healthcare, today announced that the U.S. Food and Drug ... dated June 3, 2015 relating to its Zhejiang, ... "The successful clearance of the ... manufacturing facility is a measure of the progress ...
(Date:6/9/2017)... , June 9, 2017 More than ... further effort to help spread lessons learned from clinical ... International Diabetes Federation (IDF) and Eli Lilly and Company ... the second phase of the Bringing Research in Diabetes ... their commitment to helping people with diabetes effectively manage ...
Breaking Medicine Technology: