San Francisco, CA (December 8, 2014) – Carrick Capital Partners, LLC, an investment firm focused on fast growing software and technology-enabled services firms, today announced that Senator William H. Frist, M.D. has become a Special Advisor to the firm.
“It is an honor to welcome Senator Frist to our advisory team. Bill has dedicated his life to global healthcare and public service. He is an accomplished cardiac surgeon, a well-respected business leader, and one of the nation’s foremost experts on healthcare policy,” explained Carrick Capital Partners Co-Founder and Managing Director Jim Madden. “During the past several years working together on the board of Accolade, a tech-enabled healthcare services company in Carrick’s portfolio, I have witnessed the depth of his knowledge and the value of his insights to organizations navigating the evolving healthcare landscape,” Madden continued.
William H. Frist, M.D is a nationally acclaimed heart and lung transplant surgeon, former U. S. Senate Majority Leader, and chairman of the Executive Board of the health service private equity firm Cressey & Company. Dr. Frist represented Tennessee in the U.S. Senate for 12 years where he served on both the Health and Finance committees responsible for writing health legislation. He was elected Majority Leader of the Senate, having served fewer total years in Congress than any person chosen to lead that body in history. His leadership was instrumental in passage of the 2003 Medicare Modernization Act to provide prescription drugs at lower costs to seniors and the historic legislation (PEPFAR) that reversed the spread of HIV/AIDS worldwide.
Currently Frist serves as an adjunct professor of Cardiac Surgery at Vanderbilt University and clinical professor of Surgery at Meharry Medical College. He is also the chairman of both the Hope Through Healing Hands foundation, which focuses on maternal and child health and SCORE, a K12 education reform organization that has helped propel Tennessee to prominence as a reform state.
“I’ve had the pleasure of working with Carrick’s team and have been impressed by their strategy, approach and collaborative work style. Improving healthcare delivery worldwide is a personal passion of mine and I’m pleased to have the opportunity to be involved with companies that are working toward that goal,” said Dr. Frist.
“Healthcare technology services companies are a primary focus for Carrick. We see an opportunity to deliver better healthcare and address industry pain points through great business models and the application of innovative technology. Bill’s expertise and policy insights are invaluable to our portfolio companies that are serving this market,” added Carrick Capital Partners Co-Founder and Managing Director Marc McMorris.
About Carrick Capital Partners
Carrick Capital Partners is an investment firm that utilizes ABV (Approach to Building Value) to operationally scale fast growing businesses that provide software and technology-enabled services. Carrick adds value by taking a concentrated approach and dedicating significant resources post-investment. Carrick helps scale great companies that deliver significant returns for investors, stimulating economic growth, and positively impacting the industry landscape. Working directly with CEO’s and entrepreneurs, Carrick fulfills a vital need for investment and growth expertise. For more information, please visit www.carrickcapitalpartners.com.