Theoria Management Receives Platform Investment from Amulet Capital
Deal News | Dec 11, 2024 | Amulet Capital
Amulet Capital Partners, a healthcare-focused private equity firm, has announced a strategic platform investment in Theoria Management, a tech-driven management service organization. Theoria, led by founder and CEO Dr. Justin Di Rezze, offers high-quality, value-based primary care services to senior living communities across the United States. The innovative company employs a unique patient-centric model integrating proprietary technology to enhance care delivery. The partnership with Amulet aims to expand Theoria's reach, Investing further in growth and refining its care delivery model to address critical access gaps in high-acuity patient care. Financial details of the transaction were not disclosed. The deal was advised by Houlihan Lokey for Amulet and by Cain Brothers for Theoria, with legal counsel from McDermott, Will & Emery LLP.
Sectors
- Healthcare
- Private Equity
- Technology
Geography
- United States – Both Amulet Capital and Theoria Management operate in and focus on expanding healthcare services across the United States.
- Greenwich, Connecticut – Amulet Capital Partners is based in Greenwich, indicating a significant geographic connection.
Industry
- Healthcare – The article focuses on investment in the healthcare sector, specifically in tech-enabled care delivery for seniors.
- Private Equity – Involves private equity firm Amulet Capital Partners making a new platform investment.
- Technology – Theoria Management utilizes proprietary technology to provide enhanced healthcare services.
Financials
- $2.7 billion – Total assets managed by Amulet Capital Partners.
- $1.2 billion – Capital commitments of Amulet's third fund closed in July 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Amulet Capital Partners | Bidding Company | Company | A middle-market private equity firm focused on the healthcare sector. |
| Theoria Management, LLC | Target Company | Company | A tech-enabled management service organization providing primary care to senior living communities. |
| Justin Di Rezze, MD | CEO of Theoria | Person | Founder and CEO of Theoria Management who will continue to lead the company post-investment. |
| Houlihan Lokey | Financial Advisor to Amulet | Company | Served as the exclusive financial advisor to Amulet on this transaction. |
| McDermott, Will & Emery LLP | Legal Counsel to Amulet | Company | Provided legal services for the transaction. |
| Cain Brothers | Financial Advisor to Theoria | Company | Served as the exclusive financial advisor to Theoria. |