# RoundTable Healthcare Partners

RoundTable Healthcare Partners is a Private Equity based in Lake Forest, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Lake Forest, United States
- **Region:** North America
- **Address:** Lake Forest, IL, United States
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** www.roundtablehp.com
- **LinkedIn:** https://www.linkedin.com/company/roundtable-healthcare-partners

## Regulatory record

- **Reports private funds:** No

## About

We build leading healthcare companies of lasting value. RoundTable creates value by partnering with healthcare companies that can benefit from our extensive industry relationships and proven operating and transaction expertise. Core Values · Investments · Our Team

## Sectors

- Healthcare Services
- Pharmaceuticals & Biotech
- Medical Devices

## People

- Joseph F. Damico — Founding Partner & Senior Advisor
- Lester B. Knight — Founding Partner & Senior Advisor
- R. Craig Collister — Managing Partner
- Timothy J. Connors — Managing Partner
- Pierre Fréchette — Managing Partner & Senior Advisor
- Thomas P. Kapfer — Managing Partner
- Barbara Sullivan — Managing Partner
- Jawwad A. Akhtar — Partner
- Phillip S. Smith II — Partner
- Bernadette Legarreta — Operating Partner, Chief Financial Officer and Chief Compliance Officer

## Questions

### Who runs investment decisions at RoundTable Healthcare Partners?

Day-to-day investment decisions are made by a collective of Managing Partners that includes R. Craig Collister, Timothy J. Connors, Pierre Fréchette, Thomas P. Kapfer, and Barbara Sullivan. The two Founding Partners, Joseph F. Damico and Lester B. Knight, remain active as Senior Advisors. The firm operates a consensus-driven partnership model rather than a single-CIO structure.

### How does RoundTable source proprietary deal flow?

RoundTable sources deals through decades-deep relationships with healthcare founders, family-owned companies, and large healthcare corporations shedding non-core divisions. The firm has built a specific capability around complex corporate carve-outs, supported by in-house operating partners who can stand up manufacturing, quality, and commercial functions independently. More than 90 add-on transactions across the portfolio demonstrate a repeatable pattern of buying and consolidating smaller assets around a platform.

### Does RoundTable participate in fund commitments or only direct deals?

RoundTable primarily makes direct control and minority equity investments into operating healthcare companies. The firm has not publicized a fund-of-funds or LP-commitment program, nor does it act as a passive investor in other private equity funds. All disclosed capital deployment runs through direct platform investments and add-on acquisitions.

### What investment stages does RoundTable typically target?

The firm targets mature, revenue-generating healthcare businesses, entering through buyouts, corporate divestitures, public-to-private transactions, and growth-equity rounds in scaled companies. It does not invest in preclinical or clinical-stage biotech assets, revenue-less startups, or distressed/turnaround situations. The portfolio is concentrated in medical products, devices, generic and specialty pharmaceuticals, and branded consumer health.

### Which sectors does RoundTable explicitly avoid?

RoundTable invests exclusively in healthcare, but notably avoids healthcare services segments like hospital systems, payer/provider models, and pure healthcare IT or software platforms. Its portfolio concentrates on tangible product categories — medical devices, disposables, branded and generic pharmaceuticals, consumer health, and select contract manufacturing — rather than asset-light service businesses.

## Related profiles

- [Round Rock Advisors](https://altss.com/profile/round-rock-advisors)
- [Round Ventures](https://altss.com/profile/round-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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