Pharos Capital Group LLC

Pharos Capital Group LLC is a physician-founded private equity firm focused exclusively on later-stage growth equity investments in middle-market healthcare companies in the United States. The firm targets businesses that improve patient outcomes, lower the total cost of care, or expand access to care in underserved communities, with particular emphasis on outcomes-focused healthcare providers, managed care services, behavioral health, wellness and disease management, diagnostic technology, medical devices, healthcare data analytics, and telemedicine. Equity investments range from $20 million to $50 million per platform transaction in companies with revenues of at least $10 million and EBITDA of at least $2 million demonstrating growth rates of 20 percent or more. Transaction types include growth capital financings, management buyouts, leveraged buyouts, acquisitions, and recapitalizations, with majority control positions as the standard ownership structure. The firm explicitly excludes drug development, life sciences, and biotechnology companies, as well as start-up and venture-stage investments. Founded in 1998, the firm is headquartered in Dallas, Texas, United States, with an additional office in Nashville, Tennessee.