GTCR, a leading private equity firm, today announced that it has entered into a Leaders Strategy™ partnership with Kelly McCrann to form Avryo Health Services.
Based in San Diego, Avryo Healthcare will seek to acquire companies and assets in the multi-site healthcare services industry as part of a strategy to build a market-leading company, with a focus on utilizing new technologies and operating strategies to enhance patient access and experiences.
GTCR, the firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth – will invest in Avryo Healthcare from its Strategic Growth Fund, a private equity fund with $2 billion of limited partner capital commitments.
McCrann is serving as executive chairman of Avryo Healthcare and will make a substantial investment alongside GTCR, according to the news release.
Prior to partnering with GTCR, McCrann most recently served as CEO of EyeCare Partners. Prior to leading EyeCare Partners, McCrann spent more than 25 years in senior leadership roles across healthcare provider services and payor businesses, including within dental, behavioral health, ambulatory infusion and kidney dialysis. Read more.
