April 12, 2023

Havencrest Announces Additional Operating Partners

Havencrest Capital Management, a Dallas-based, healthcare-focused private equity firm, is pleased to announce the addition of two Operating Partners to complement its current investment team of Christopher W. Kersey, Matthew D. Shofner, M. Jett Aubrey, Dylan C. Erdle, Alek G. Blankenau, Kyle D. Seco, Thomas D. Ruane, Matthew A. Cline, Ian D. Anderson, Noah J. Berestka and Ryan W. Panyard.

“Havencrest is honored to partner with these incredible leaders, both of whom are world-class healthcare executives with impeccable credentials,” said Christopher W. Kersey, M.D., M.B.A., Havencrest’s Founding Managing Partner.  “Teri Fontenot and Karen Golden-Russell are seasoned operators with experience building world-class companies, and we at Havencrest are excited about working with them to identify and invest in the next generation of market-leading healthcare companies.”

Havencrest is honored to add the following Operating Partners

Operating Partner Teri Fontenot currently serves as a member of the board of directors for AMN Healthcare Services (NYSE: AMN), the country’s largest healthcare staffing company, and she also currently serves as a member of the board of directors of AmeriSafe Holdings (NASDAQ: AMSF), a leading carrier in the specialty workers’ compensation insurance marketplace.  Ms. Fontenot served on the board of directors of the LHC Group, one of the country’s largest home health companies (NASDAQ: LHCG, acquired by UnitedHealthcare Group, NYSE: UNH),  where she served as the Audit Committee Chair.  A former Chair of the board of directors of the American Hospital Association (AHA), Ms. Fontenot currently serves as the CEO Emeritus of the Woman’s Hospital of Baton Rouge, Louisiana, and she is a former member of the board of directors for the Federal Reserve Bank of Atlanta, Georgia.

Operating Partner Karen Golden-Russell most recently served as Vice President and General Manager of Henry Schein, Inc. (NASDAQ: HSIC), the world’s largest provider of healthcare products and services to the dental industry.  Previously, Ms. Golden-Russell served as Vice President of Revenue Operations at Heartland Dental (NASDAQ: HTLF), the world’s largest dental support organization (DSO).

Apara Autism Centers expands to 4 additional states

Havencrest is pleased to announce that one of its portfolio companies, Apara Autism Centers, recently completed its acquisition of the Nebraska-, New Mexico-, and Oklahoma-based Autism Learning Collaborative (“ALC”) as well as the acquisition of the Missouri operations of Early Autism Services (“EAS”).  ALC & EAS are clinic- and home-based providers of Applied Behavior Analysis (ABA) therapy services to children and adolescents with Autism Spectrum Disorder (ASD).​​​​​​​

“We are very excited about this union of Apara Autism Center and Autism Learning Collaborative,” said Apara CEO Tyler Moore.  “The alignment of these two companies, both driven by a common vision of clinical excellence and family support therapy, will increase access to high quality adolescent autism services throughout Missouri, Nebraska, New Mexico, Oklahoma, and Texas.”

Current Portfolio Companies

Effective School Solutions is a national leader in mental health services to school districts for students with emotional, behavioral and psychiatric problems

The Oncology Institute (TOI) is the largest and only scaled provider of value-based oncology care in the United States

Apara Autism Centers provides evidence-based, data-driven Applied Behavioral Analysis (ABA) therapy services to children with autism

ThermoTek is the leading provider of thermoelectric temperature management solutions to the medical and industrial end markets

Paradigm Health is a provider of high-quality, compassionate and patient-focused hospice and palliative care throughout the state of Indiana