Nashville-based non-public fairness agency Lead Capital Companions has added Carl Grote as director.
The agency focuses on decrease center market buyouts of well being care corporations. Lead was based in 2011 with backing from a bunch of rich households and has since targeted on taking majority possession stakes in well being care corporations with between $1 million and $5 million EBITDA. Amongst its portfolio corporations is Brentwood-based laboratory data administration firm ApolloLIMS.
Grote was beforehand a vice chairman at Janney Montgomery Scott and Baird.
“We’re excited to make one other high-quality addition to our group,” mentioned Pryor Smartt, co-founder and managing companion at LeadCapital Companions. “Carl’s experience advising center market companies provides depth to our funding group and might be instrumental in finishing up our distinctive long-term funding technique, which we imagine will proceed differentiating LCP as a most well-liked companion for all stakeholders.”