Leavitt Equity Partners

David J. Leavitt, the firm's Founder and Managing Partner, leads investment decisions. His brother Taylor Leavitt serves as Partner and is involved in deal execution and portfolio management. The tight partnership structure means decisions are made by this core group rather than through a broad committee.

The firm sources through the Leavitt family's extensive healthcare policy and provider networks. Michael Leavitt's tenure as HHS Secretary and his ongoing work through Leavitt Partners provided relationships with hospital systems, health plans, and regulatory bodies. LEP often sees deals where the operating company founder is an industry veteran within the Leavitt network.

Yes, they share a family connection but are legally distinct entities. Leavitt Partners was founded by Michael O. Leavitt and focused on healthcare advisory and intelligence. It was acquired by Health Management Associates (HMA) in 2021. Leavitt Equity Partners is run by his son David and operates as an independent private equity firm.

The firm targets growth equity and buyout opportunities in the lower middle market. They seek companies with established revenue and operating history, usually post-revenue commercial-stage businesses, rather than seed or early-stage startups. The emphasis is on accelerating growth through operational and regulatory navigation rather than product-market-fit risk.

LEP typically leads or co-leads rounds in its target companies and has collaborated with other healthcare-focused funds. Given its lean team and relationship-driven model, the firm often syndicates with other specialist healthcare investors who bring complementary operating or distribution capabilities.

The firm avoids therapeutics, biotech, and medical device hardware — areas requiring FDA-intensive scientific risk. They focus on healthcare services, health IT, and digital health where regulatory and business-model expertise is the primary value driver rather than clinical trial outcomes.

The wealth is not from a single liquidity event but from multi-generational professional and political careers. Michael Leavitt built Leavitt Partners into a premier healthcare advisory firm, and David Leavitt previously worked in healthcare investment banking and private equity before raising outside capital for LEP.