About Us

Invidia Capital is purpose-built for healthcare investing

Invidia is a healthcare-focused private equity firm investing in middle-market companies across North America. We aim to partner with exceptional management teams to build durable businesses that improve the quality, accessibility, and efficiency of healthcare.

  • Deep healthcare specialization
  • Experienced investors and operators
  • Thematic sourcing
  • Hands-on partnership to drive value creation

Investment Focus

Supporting R&D
Innovation

  • Pharma Services
  • Medtech Services
  • CRO, CDMO and Contract Manufacturing
  • Devices, Diagnostics, and Tools
  • Regulatory Consulting

Tech-Enabled
Services

  • HCIT
  • Payor and Provider Tech
  • Data Access
  • Interoperability
  • Virtual Care

Delivery
Transformation

  • Pharmacy Services
  • Multi-Site Providers
  • Efficiency Technology
  • Home Care Enablement

Consumer-Oriented
Healthcare

  • Retail Healthcare
  • Primary Care
  • Animal Health
  • Women’s Health

We seek businesses that are well-positioned to thrive in dynamic markets and where our platform can unlock meaningful value. Generally, ideal partners demonstrate:

Target Company Characteristics

  • Solid secular tailwinds and durable end-market demand
  • Proven business models with limited binary risk
  • Multiple avenues for organic growth
  • Diverse exit pathways
  • Paths to leverage Invidia’s expertise, network, and operating resources

Transaction Size

  • Target platform EBITDA

    $15–50 million

  • Target equity investment

    $100-300mm

Holistic Perspective

We adopt and seek to implement a wide step disciplined approach to healthcare investing. Recognizing the interconnectedness of healthcare with social and economic issues, we understand the human impact of these decisions. We prioritize empathy and compassion toward patients, understanding their needs and challenges as central to our mission.

Collaboration and Partnership

We foster collaborative partnerships with portfolio companies, healthcare providers, sponsors, LPs, and other industry stakeholders. Invidia recognizes that meaningful change and innovation often result from collective efforts and shared experience. 

Adaptability and Resilience

We remain adaptable and resilient in the face of evolving healthcare landscapes, market dynamics, and regulatory changes and we seek to embrace agility and flexibility to seize opportunities and navigate challenges effectively.

Long-Term Value Creation

We focus on creating long-term value for all stakeholders, including investors, portfolio companies, employees, and communities. 

Any descriptions involving investment process, portfolio construction, portfolio characteristics, investment strategies, investment access, goals, or risk management are provided for illustration purposes only, are not complete, will not apply in all situations, may not be fully indicative of any present or future investments, and may be changed at the discretion of Invidia.