Platform investment
Linden Capital Partners acquired Agape Care
2025-11-13
Source: hospicenews.comPE Firm · Capital Allocator
Linden Capital Partners
MediumPrivate equityStructured capitalHealthcare
Last verified
11/1/2026
Firm Overview
54
Portfolio tracked
1
Sectors
0
Regions
11/1/2026
Last verified
Linden Capital Partners is a healthcare private equity firm that invests in healthcare companies. The firm utilizes a value creation program and collaborative partnerships to develop its portfolio companies.
Linden Capital Partners is a healthcare private equity firm that devotes substantial resources to developing healthcare companies. The firm states that its dedicated focus, experience, and diligent value creation program differentiate its approach.
The firm engages in partnerships with companies such as ArtesRx, a family of pharmacies serving patients with complex medication regimens. Linden also participates in structured capital investments and collaborates with other private equity entities for the sale and acquisition of medical product companies.
HeadquartersChicago, United States
StrategiesPrivate equity, Structured capital
Sector focusHealthcare
Leadership
Anthony B. Davis
Founder and Managing Partner
Anthony is a Founder and Managing Partner of Linden and has been a healthcare investor since 1994.
Brian Miller
Founder and Managing Partner
Brian is a Founder and Managing Partner of Linden and has been a healthcare investor since 1991.
Prab Chawla
Managing Partner
Prab is a Managing Partner at Linden and has been with the firm since 2008.
Michael Watts
Managing Partner
Michael is a Managing Partner at Linden and has been with the firm since 2008.
Kam Shah
Partner
Kam is a Partner at Linden and joined the firm in 2007.
Mitch Hagan
Partner
Mitch is a Partner at Linden and joined the firm in 2011.
Michael Strouse
Partner
Michael is a Partner at Linden and joined the firm in 2013.
Piyush Shukla
Partner
Piyush is a Partner at Linden and joined the firm in 2011.
Gerard Moufflet
Managing Partner
Gerard is a Managing Partner and focused on Linden's strategy and investment activities.
Ron Labrum
Operating Partner
Ron is an Operating Partner at Linden and previously served as CEO of Fenwal.
Bruce Broussard
Operating Partner
Bruce is an Operating Partner at Linden and previously served as the CEO of Humana.
Ron Fugate
Operating Partner
Ron is an Operating Partner at Linden and previously served as CEO of Insight Pharmaceuticals.
Ernest Waaser
Operating Partner
Ernest is an Operating Partner at Linden and previously served as CEO of sBioMed.
Mark Sullivan
Head of Human Capital
Mark is the Head of Human Capital at Linden.
Jonathan Romick
General Counsel
Jonathan is the General Counsel at Linden.
Katie Kornel
Managing Director, Investor Relations
Katie is a Managing Director focused on Investor Relations at Linden.
Scott Gallin
Managing Director
Scott is a Managing Director at Linden focused on investment opportunities.
Deepak Janardan
Managing Director
Deepak is a Managing Director at Linden and joined the firm in 2017.
Jeff Nelson
Senior Advisor
Jeff is a Senior Advisor and provides strategic guidance to the firm.
Gary Kagan
Senior Advisor
Gary is a Senior Advisor at Linden and has extensive experience in healthcare services.
Portfolio by sector
- Healthcare10 (83%)
- Industrials1 (8%)
- Education1 (8%)
12 of 54 tracked portfolio companies of Linden Capital Partners carry a sector label we can map; shares are of those 12. See the methodology.
Deals on record
4 on record in the indexPlatform investment
Linden Capital Partners acquired ArtesRx
Date not stated
Source: prnewswire.comPlatform investment
Linden Capital Partners acquired Alcresta Therapeutics, Inc.
Date not stated
Source: alcresta.comPlatform investment
Linden Capital Partners acquired Alcresta Therapeutics
Date not stated
Source: alcresta.comDeals are listed only where a public source names both sides. Submit a correction.
Portfolio on record
Portfolio by sector
- Unclassified36 of 54
- Healthcare16 of 54
- Education1 of 54
- Industrials1 of 54
54 portfolio companies on record in the index, grouped by sector hub.
Current and exited
Current: 37 of 54Exited: 17 of 54
Portfolio size among all firms
54 companies on record, more than 67% of the 405 firms in the index.
0885 companies (log scale)
Portfolio Companies
| Company | Sector | Status | Website |
|---|---|---|---|
| Advarra | Not on record | Current | Not on record |
| Agape | Not on record | Current | Not on record |
| Alcresta Therapeutics | Not on record | Current | Not on record |
 Aptitude | Not on record | Current | Not on record |
| ArtesRx | Not on record | Current | Not on record |
| Aspen Surgical | Not on record | Current | Not on record |
 Aspirion | Not on record | Current | Not on record |
| Avalign Technologies | Not on record | Current | Not on record |
| BarrierSafe Solutions International | Not on record | Exited | Not on record |
| Behavioral Centers of America | Not on record | Exited | Not on record |
| BioIVT | Not on record | Current | Not on record |
| BioTouch | Not on record | Current | Not on record |
| Blue River | Not on record | Current | Not on record |
| Corpak Medsystems | Not on record | Exited | Not on record |
| Drayer Physical Therapy Institute | Not on record | Exited | Not on record |
| ERG | Not on record | Current | Not on record |
| FinThrive | Not on record | Current | Not on record |
| Flexan | Not on record | Exited | Not on record |
| Focused Health Solutions, Inc. | Not on record | Exited | Not on record |
| Formulated Solutions | Not on record | Current | Not on record |
| GCX | Not on record | Current | Not on record |
| HOPCo | Not on record | Current | Not on record |
| HYCOR | Not on record | Exited | Not on record |
| ILC Dover | Not on record | Exited | Not on record |
| inReach Health | Not on record | Current | Not on record |
 IVX Health | Not on record | Current | Not on record |
| Klick | Not on record | Current | Not on record |
| LifeStyles | Not on record | Current | Not on record |
| MeriCal, Inc. | Not on record | Current | Not on record |
| Metagenics | Not on record | Current | Not on record |
| Penn Foster | Not on record | Current | Not on record |
| Pinnacle Treatment Centers | Not on record | Current | Not on record |
| Prescott’s | Not on record | Exited | Not on record |
| ProPharma Group | Not on record | Current | Not on record |
| Ranir | Not on record | Exited | Not on record |
| Regenity Biosciences | Not on record | Current | Not on record |
| Relevate | Not on record | Current | Not on record |
| RQM+ | Not on record | Current | Not on record |
| Sage Dental | Not on record | Current | Not on record |
| SeraCare Life Sciences | Not on record | Exited | Not on record |
| Smile Doctors | Not on record | Current | Not on record |
| Solara Medical Supplies | Not on record | Exited | Not on record |
| Spear Education | Not on record | Exited | Not on record |
| Specialty Networks | Not on record | Exited | Not on record |
| StatLab | Not on record | Current | Not on record |
| StrataDx | Not on record | Exited | Not on record |
| Suture Express | Not on record | Exited | Not on record |
| The HydraFacial Company | Not on record | Current | Not on record |
 The IMA Group | Not on record | Current | Not on record |
| VetEvolve | Not on record | Current | Not on record |
| Virtus Pharmaceuticals | Not on record | Current | Not on record |
| Vital Care | Not on record | Current | Not on record |
| Young Innovations | Not on record | Current | Not on record |
| Z-Medica | Not on record | Exited | Not on record |
In the 2027 Digital Value Creation Baseline
2 of Linden Capital Partners' 54 portfolio companies on record were measured in the 2027 Digital Value Creation Baseline (October 2026).
Firms that also back Linden Capital Partners' companies
Co-investor web
Line width shows shared portfolio companies on record in the index. Top 8 co-investors shown.
- Chicago Growth Partners2 shared companies
Varsity Healthcare Partners2 shared companies
Aquiline Capital Partners1 shared company
Avista Capital Partners1 shared company
Berkshire Partners1 shared company
Bregal Sagemount1 shared company
Centre Partners1 shared company
Cinven1 shared company
Questions about Linden Capital Partners
- Where is Linden Capital Partners headquartered?
- Linden Capital Partners is headquartered in Chicago, USA, according to the public sources this profile is built from.
- Which sectors does Linden Capital Partners invest in?
- Linden Capital Partners lists Healthcare among its focus areas. Of the 54 portfolio companies we can classify, the largest groups are Healthcare (10), Industrials (1) and Education (1).
- How many portfolio companies does Linden Capital Partners have?
- PE Firm Index tracks 54 Linden Capital 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 Linden Capital Partners done recently?
- The most recent deal on record here is: Linden Capital Partners acquired Agape Care (2025-11-13). This page lists 4 deals, each with its public source.
- Who leads Linden Capital Partners?
- Public sources name Anthony B. Davis (Founder and Managing Partner), Brian Miller (Founder and Managing Partner) and Prab Chawla (Managing Partner) among Linden Capital Partners' leadership.
- Which firms are similar to Linden Capital Partners?
- By overlap in portfolio sectors in this index: Avista Capital Partners, Wavemaker 360 Health and Frazier Healthcare Partners.
Sources for this profile, updated 2026-11-02
- Firm website
- Public portfolio page
- Deal reports (4), linked beside each deal
This profile is based on publicly available information and may be incomplete or outdated. PE Firm Index is not affiliated with Linden Capital Partners and does not provide investment advice.
Firms similar to Linden Capital Partners
Avista Capital Partners
Both hold Healthcare companies; 53 tracked portfolio companies.
Wavemaker 360 Health
Both hold Healthcare and Education companies; 62 tracked portfolio companies.
Frazier Healthcare Partners
Both hold Healthcare companies; 40 tracked portfolio companies.
Vivo Capital
Both hold Healthcare companies; 94 tracked portfolio companies.
Chosen from this index by overlap in portfolio sectors, then by portfolio size. Not a ranking or a recommendation.