BUFFALO, N.Y., March 8 /PRNewswire/ -- Summer Street Capital Partners (www.summerstreetcapital.com), a Buffalo, New York-based private equity fund, is pleased to announce that Barry D. Freeman has joined Summer Street as a Healthcare Advisory Partner. Mr. Freeman brings to Summer Street an extensive network of relationships among healthcare business owners, operating management teams, health plan leaders, physicians, industry groups and the legal, regulatory, financial and banking communities. Mr. Freeman will provide valuable leadership in originating, screening, structuring and growing fund investments in the healthcare services sector. Through the addition of Mr. Freeman, Summer Street continues its emphasis on successfully partnering with management teams growing middle market healthcare services businesses.
Freeman, the former managing director and head of Healthcare Services Investment Banking at Lazard Middle Market, LLC, has over fifteen years experience leading healthcare M&A transactions and advising business owners on healthcare strategy. Over the course of his career, he has successfully completed over 50 transactions representing more than $4.5 billion in enterprise value. With a reputation as an innovative middle market deal maker, Mr. Freeman has wide ranging transaction experience representing payers, managed care services, home healthcare, alternate site providers, technology enabled service companies, healthcare distribution companies, and a wide array of outsourced service companies in the healthcare system. "Summer Street is excited to add Barry's experience and professional network to our growing healthcare team," noted Brian D'Amico, managing partner. "Barry has deep, frontline experience in sectors that are of high interest to Summer Street including home healthcare, managed care, and healthcare information management."
Mr. Freeman added, "I am delighted to be joining such an accomplished team of private equity professionals. Together with Summer Street's seasoned and accomplished partners, we will actively pursue opportunities to back strong management teams building industry-leading services companies focused on reducing healthcare system costs, improving care quality, and providing greater care coordination and access at the local level."
Prior to Lazard Middle Market, Mr. Freeman was a CPA with Arthur Andersen where he was a member of the team advising United Healthcare on a series of acquisitions during its consolidation of the managed care industry during the early and mid- 1990's. Freeman earned a Master of Business Administration with High Honors from Chicago Booth, University of Chicago and his Bachelor of Science in Economics from the Wharton School of Business, University of Pennsylvania.
ABOUT SUMMER STREET CAPITAL PARTNERS LLC
Summer Street Capital Partners LLC, founded in 1999, is a Buffalo, NY-based private equity fund with approximately $300 million of committed capital is focused on investing in small-market companies. The firm invests alongside talented managers, bringing capital and resources to support acquisitions and aggressive growth strategies. Summer Street's investors include leading pension funds, insurance companies, and banking institutions. Summer Street's investments support management buy-outs, family transitions, corporate divestitures, growth financings, and recapitalizations. The investment team is complemented by a team of experienced operating partners who are integrally involved in assisting portfolio companies. Visit www.summerstreetcapital.com for additional information.
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