Platform investment
Frazier Healthcare Partners acquired MatrixCare
2026-09-01
Source: businesswire.comPE Firm · Capital Allocator
Frazier Healthcare Partners
MediumSeattle, United States · Founded 1991 · AUM $5.2 billion · Website
Leveraged buyoutsGrowth capitalVenture capitalHealthcare ServicesLife SciencesPharmaceutical ServicesMedical ProductsTherapeuticsUnited StatesCanadaEurope
Last verified
11/1/2026
Firm Overview
40
Portfolio tracked
5
Sectors
3
Regions
11/1/2026
Last verified
Frazier Healthcare Partners is a private equity and venture capital firm that specializes in investments across the healthcare industry.
Founded in 1991 by Alan D. Frazier, Frazier Healthcare Partners is a Seattle-based investment firm focused exclusively on the healthcare sector. The firm operates two primary investment vehicles: a Growth Buyout fund targeting healthcare services, pharmaceutical services, and medical products, and a Life Sciences fund focused on therapeutics and innovative solutions for unmet medical needs. With offices in Seattle, New York City, and Menlo Park, the firm manages a diverse portfolio across North America and Europe.
Throughout its history, Frazier Healthcare Partners has raised over $11 billion in total capital and invested in more than 200 companies. The firm maintains a robust presence in the middle market, recently closing its 11th dedicated healthcare fund in 2024 at its hard cap of $2.3 billion. Currently, the firm manages a portfolio of approximately 40 companies, continuing its legacy of backing innovation in healthcare services and life sciences.
Founded1991
HeadquartersSeattle, United States
AUM$5.2 billion
StrategiesLeveraged buyouts, Growth capital, Venture capital
Sector focusHealthcare Services, Life Sciences, Pharmaceutical Services, Medical Products, Therapeutics
Geographic focusUnited States, Canada, Europe
Leadership
Alan D. Frazier
Chairman
Alan D. Frazier founded the firm in 1991 and currently serves as its Chairman.
Notable Investments
Elevate Patient Financial Solutions
Historical and current deals referenced in public sources.
Portfolio by sector
- Healthcare7 (88%)
- Financial Services1 (13%)
8 of 40 tracked portfolio companies of Frazier Healthcare Partners carry a sector label we can map; shares are of those 8. See the methodology.
Deals on record
3 on record in the indexPlatform investment
Frazier Healthcare Partners acquired RevSpring
Date not stated
Source: revspringinc.comPlatform investment
Frazier Healthcare Partners acquired Vatica Health
Date not stated
Source: triple-tree.comDeals are listed only where a public source names both sides. Submit a correction.
Portfolio on record
Portfolio by sector
- Unclassified32 of 40
- Healthcare7 of 40
- Financial Services1 of 40
40 portfolio companies on record in the index, grouped by sector hub.
Current and exited
Current: 17 of 40Exited: 23 of 40
Portfolio size among all firms
40 companies on record, more than 57% of the 405 firms in the index.
0885 companies (log scale)
Portfolio Companies
| Company | Sector | Status | Website |
|---|---|---|---|
| Abode Healthcare | Not on record | Exited | Not on record |
| Accuity Delivery Systems | Not on record | Current | Not on record |
| Adare Pharma Solutions | Not on record | Current | Not on record |
| AirLife | Not on record | Current | Not on record |
| Alteon Health | Not on record | Exited | Not on record |
| Altruix | Not on record | Current | Not on record |
| AppianRx | Not on record | Exited | Not on record |
| Bravo Health | Not on record | Exited | Not on record |
| Caravel Autism Health | Not on record | Exited | Not on record |
| CareTria | Not on record | Current | Not on record |
| CHG Healthcare Services | Not on record | Exited | Not on record |
| Correct Care Solutions | Not on record | Exited | Not on record |
| CPS Solutions, LLC | Not on record | Exited | Not on record |
| CSafe | Not on record | Current | Not on record |
| DSI Renal | Not on record | Exited | Not on record |
| Effective School Solutions (ESS) | Not on record | Current | Not on record |
| Elevate Patient Financial Solutions | Not on record | Exited | Not on record |
| EPTAM Precision | Not on record | Current | Not on record |
| Golden State Medical Supply (GSMS) | Not on record | Exited | Not on record |
| HopCo | Not on record | Exited | Not on record |
| Konovo | Not on record | Current | Not on record |
| Laboratory Supply Company | Not on record | Exited | Not on record |
 Leiters | Not on record | Current | Not on record |
| LUX Infusion | Not on record | Current | Not on record |
| Matrix Medical Network | Not on record | Current | Not on record |
| MatrixCare | Not on record | Current | Not on record |
| MedPointe | Not on record | Exited | Not on record |
| Northfield Medical | Not on record | Exited | Not on record |
| Parata Systems | Not on record | Exited | Not on record |
| PCI | Not on record | Exited | Not on record |
 Pentec Health | Not on record | Exited | Not on record |
| Priority Solutions | Not on record | Exited | Not on record |
| RevSpring | Not on record | Current | Not on record |
| Solis Mammography | Not on record | Exited | Not on record |
| Tri-Imaging Solutions | Not on record | Current | Not on record |
| Trident USA Health Services | Not on record | Exited | Not on record |
| United Derm Partners | Not on record | Current | Not on record |
| United Digestive | Not on record | Exited | Not on record |
| US Renal Care | Not on record | Exited | Not on record |
| Vatica Health | Not on record | Current | Not on record |
Firms that also back Frazier Healthcare Partners' companies
Co-investor web
Line width shows shared portfolio companies on record in the index. Top 8 co-investors shown.
GTCR2 shared companies
THL Partners2 shared companies
A&M Capital Partners1 shared company
Bain Capital1 shared company
- Great Hill Partners1 shared company
- J.W. Childs Associates1 shared company
Kohlberg & Company1 shared company
Leonard Green & Partners1 shared company
Questions about Frazier Healthcare Partners
- Where is Frazier Healthcare Partners headquartered?
- Frazier Healthcare Partners is headquartered in Seattle, United States, according to the public sources this profile is built from.
- When was Frazier Healthcare Partners founded?
- Public sources give 1991 as the year Frazier Healthcare Partners was founded.
- How much does Frazier Healthcare Partners manage?
- Public sources put Frazier Healthcare Partners' assets under management at $5.2 billion. Firms report AUM on different dates and bases, so treat it as indicative.
- Which sectors does Frazier Healthcare Partners invest in?
- Frazier Healthcare Partners lists Healthcare Services, Life Sciences, Pharmaceutical Services and Medical Products among its focus areas. Of the 40 portfolio companies we can classify, the largest groups are Healthcare (7) and Financial Services (1).
- How many portfolio companies does Frazier Healthcare Partners have?
- PE Firm Index tracks 40 Frazier Healthcare Partners portfolio companies from the firm's public portfolio page, as of 2026-11-02. The firm's own count may differ, for example where exited companies are listed.
- What deals has Frazier Healthcare Partners done recently?
- The most recent deal on record here is: Frazier Healthcare Partners acquired MatrixCare (2026-09-01). This page lists 3 deals, each with its public source.
- Who leads Frazier Healthcare Partners?
- Public sources name Alan D. Frazier (Chairman) among Frazier Healthcare Partners' leadership.
- Which firms are similar to Frazier Healthcare Partners?
- By overlap in portfolio sectors in this index: Avista Capital Partners, Wavemaker 360 Health and Linden Capital Partners.
Sources for this profile, updated 2026-11-02
- Firm website
- Wikipedia
- Public portfolio page
- Deal reports (3), linked beside each deal
Sources
- Wikipedia Wikipedia/Wikidata · public reference
- Firm website Firm website · primary public source
This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Frazier Healthcare Partners and does not provide investment advice.
Firms similar to Frazier Healthcare Partners
Avista Capital Partners
Both hold Healthcare companies; 53 tracked portfolio companies.
Wavemaker 360 Health
Both hold Healthcare companies; 62 tracked portfolio companies.
Linden Capital Partners
Both hold Healthcare companies; 54 tracked portfolio companies.
Varsity Healthcare Partners
Both hold Healthcare companies; 18 tracked portfolio companies.
Chosen from this index by overlap in portfolio sectors, then by portfolio size. Not a ranking or a recommendation.