Summit Partners has appointed two new senior healthcare investment professionals to its team. Darren Black, Managing Director joins Summit in its Boston office, and Thomas Tarnowski, Principal, joins the firm in its London office.
“We’re delighted to welcome Darren and Thomas to our team,” said Marty Mannion, a Managing Director in Summit’s Boston office. “Their deep knowledge and sector expertise will help Summit build on its nearly 30-year history of investing in the healthcare sector. We’re very much looking forward to working with them.”
Summit Partners provides private equity and venture capital for growth companies. Founded in 1984, Summit has raised more than $15 billion in capital and has provided equity, recapitalization, and management buyout financing to more than 380 companies across a range of industries. Notable investments in the healthcare and life sciences sector include: American Dental Partners, AmeriPath, Anesthetix, COMS Interactive, Diagnostic Hybrids, HealthCare Partners, Heart to Heart Hospice, MDVIP, Lincare, Pediatrix Medical Group and Solutionreach. Summit Partners has offices in Boston, Palo Alto, London, and Mumbai (www.summitpartners.com).
Mr. Black brings more than 20 years of healthcare investment and entrepreneurial experience. Prior to joining Summit, Mr. Black was a Managing Partner with SV Life Sciences where he focused on investing in healthcare services, healthcare information technology and pharmaceutical services. During his 10 years with SV Life Sciences, he sat on numerous boards including Vitalize Consulting Solutions, Celerion and Spectrum Professional Services. Before SV Life Sciences, Mr. Black was Co-founder and President of two specialty contract research service businesses: ClinCare and PharmaStar. Prior to that, he was a healthcare consultant for Accenture. Mr. Black earned an MBA from the Wharton School of the University of Pennsylvania and an AB in Government from Harvard College. He currently serves on the board of Health Forum within the American Hospital Association.
Mr. Tarnowski is a Danish national with more than 12 years of investing and healthcare experience in the United States, United Kingdom, and Central and Northern Europe. Mr. Tarnowski will lead Summit’s healthcare and life sciences team in Europe. Prior to joining Summit, he led Triton’s Nordic healthcare team focusing mainly on healthcare services and medical technology investments. During his seven years with Triton, Mr. Tarnowski served on several boards including one of the largest healthcare services companies in the Nordic region. Before Triton, he worked for Credit Suisse First Boston in the Financial Sponsors Group covering North America. Prior to that, he worked for Citigroup. Mr. Tarnowski earned an MBA from Harvard Business School and a BBA in Finance from Valdosta State University. He speaks Danish, English, Norwegian, Polish and Swedish.
“Darren and Thomas bring strong industry experience and business acumen to Summit Partners. This will greatly benefit both the firm and our portfolio companies, and help us remain the growth equity partner of choice for industry-leading companies,” said Scott Collins, a Managing Director in Summit Partners’ London office.
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-10-13
