Tailwind Capital – a middle market firm that invests in the healthcare, business and communications services sectors – has hired Eran Broshy and Cliff Gookin as Operating Executives.
Mr. Broshy has over 30 years of management experience within the healthcare industry. Previously, he was the Chief Executive Officer and Chairman of inVentiv Health – a contract research organization – for more than a decade. Prior to inVentiv, Mr. Broshy spent 14 years at The Boston Consulting Group, where he was responsible for the firm’s healthcare practice across the Americas.
Tailwind makes investments of $25 million to $100 million in lower middle market companies with enterprise values of up to $300 million that are active in the healthcare, business and communications services sectors. Since its founding in 2003, Tailwind and its portfolio companies have completed more than 65 acquisitions.
Mr. Gookin has over 30 years of M&A, strategic advisory and direct investment experience. Previously, he was the Vice President of Business Development at Omnicare – a provider of pharmacy-related services to long term care facilities – where he was responsible for multiple acquisitions. Mr. Gookin began his career in investment banking and has worked at Gladstone, First Boston, Bear Stearns & Co. and Rauscher Pierce Refsnes.
Tailwind’s current investments in the healthcare sector include: Cumberland, a healthcare IT consulting firm; Diamondback Drugs, a veterinary pharmacy; Long’s Drugs, a specialized pharmacy services provider; and National HME, a provider of outsourced medical equipment management services to the hospice market.
“Tailwind has been active in the healthcare sector since the firm’s founding and we are excited to further strengthen our healthcare expertise with the addition of Eran Broshy and Cliff Gookin as Operating Executives,” said Larry Sorrel, Managing Partner at Tailwind. “Both Eran and Cliff have extensive experience in the healthcare industry and we look forward to leveraging this expertise across both our existing portfolio and new investment opportunities.”
Tailwind currently manages over $2 billion of committed equity capital and has 31 investment professionals and senior operating executives. The firm is headquartered in New York (www.tailwind.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 10-21-15
