Latticework Capital Management

Managing Partner Manny Rivera and Partner Jared Johnson founded Latticework in 2015. Both are former Goldman Sachs healthcare investment bankers who focused on middle-market transactions. Their shared background in healthcare services M&A at a bulge-bracket bank shaped Latticework's buy-and-build investment playbook.

Latticework targets control equity investments in companies with EBITDA between $4 million and $15 million. The firm focuses on founder-owned and family-run businesses—owner-operators nearing succession transitions are the core opportunity set. Platform equity checks typically range from $15 million to $40 million, with additional capital reserved for follow-on acquisitions.

The firm's primary geographic focus is North America. While its public record does not exclude cross-border platform investments, Latticework has built its franchise around U.S.-based lower-middle-market healthcare companies, consistent with its Dallas headquarters and regional GP network.

Latticework closed its second fund at $245 million in 2019, exceeding its $200 million target (per the firm's own announcement, 2019). The firm's debut vehicle, raised in 2015, totaled $104 million. No subsequent fund close has been publicly reported.

Latticework invests in healthcare services and specialty pharmaceutical services. Documented areas of focus include physician practice management, dental service organizations, veterinary platforms, and outsourced clinical and compounding pharmacy businesses. The firm avoids medtech hardware and biotech drug development.

Latticework primarily leads control investments and builds platforms through proprietary origination. While the firm may syndicate equity on larger transactions, founder-led deals below $100 million enterprise value rarely require club-deal structures, and Latticework's strategy emphasizes concentrated ownership with management alongside.

Latticework is an institutional private equity manager—not a family office. It deploys third-party limited-partner capital raised in blind-pool funds. The firm's principals do not manage a single-family balance sheet, and all investment decisions are subject to the governance and reporting requirements of a pooled-fund structure.