Healthcare-Focused Investment Firm Enhances Presence in Leading Healthcare Market
CHICAGO, August 27, 2008 – Cressey & Company LP, a private investment firm focused on building leading healthcare companies in partnership with outstanding executives, today announced the opening of its Nashville office. The office is located at 2525 West End Avenue, near the Vanderbilt University campus.
“Nashville is the epicenter of entrepreneurial activity in the healthcare services industry,” said Bryan Cressey, Partner of Cressey & Company. “We are pleased to enhance our strong presence in one of the leading cities fostering innovation in healthcare services and look forward to continued partnerships with local healthcare executives and companies.”
Cressey & Company partners Ralph Davis and former U.S. Senate Majority Leader Bill Frist will work from the firm’s Nashville office. “Ralph and I are excited about the opening of the Nashville office and what it means for the future of our firm and the Nashville healthcare community,” said Senator Frist. “We look forward to being active participants in the culture of entrepreneurship that thrives in Nashville.”
Cressey & Company and its predecessor funds have partnered with healthcare entrepreneurs in Nashville on numerous occasions. Currently, three companies the firm has partnered with – CLP Healthcare Services, Essent Healthcare and Haven Behavioral Healthcare – maintain their corporate headquarters in Nashville.