DW Healthcare Partners Invests in Health & Safety Institute and Summit Training Source, Inc.

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Mar 05, 2013, 03:23 ET

TORONTO and PARK CITY, Utah, March 5, 2013 /PRNewswire/ -- DW Healthcare Partners (DWHP), a healthcare-focused private equity firm with offices in Toronto, Ontario and Park City, Utah, is pleased to announce an investment in Health & Safety Institute (HSI) of Eugene, Oregon. This platform investment marks another partnership within DWHP's third healthcare fund. HSI is the leading for-profit emergency care and response training organization in North America. Since 1978, HSI has certified millions of emergency care providers globally.

"HSI focuses on providing high quality health and safety training products and solutions to its customers worldwide. Now collaborating with DW Healthcare Partners, we have the expertise and strategic corporate guidance to transform our traditional publishing and training company into a technology-powered solutions provider in the occupational safety, health and compliance industry," said Bill Clendenen, CEO of Health & Safety Institute.

Andrew Carragher, co-founder and Managing Director in DWHP's Toronto office stated, "We are very pleased to be partnering with Health and Safety Institute. Bill Clendenen and his team have positioned the company well with technically-superior and highly-relevant training platforms so that together, we can take advantage of the significant growth opportunities ahead of us in this technology-driven arena of healthcare compliance and education."

Together as partners, Health & Safety Institute and DWHP have subsequently made an investment in Summit Training Source, Inc. of Grand Rapids, MI. Summit, founded in 1981, provides high quality, technically accurate, and engaging environmental, health and safety compliance training materials. Summit is a leading provider of OSHA-approved safety content and has served more than 45,000 organizations worldwide.

Learn more about Health and Safety Institute by visiting: www.hsi.com.

Learn more about Summit Training Source, Inc. by visiting: www.safetyontheweb.com.

About DW Healthcare Partners

DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $500 million in committed capital and invests in profitable healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 110 years of combined industry experience. The firm provides the capital, strategic guidance, and acquisition expertise to help mid-stage companies realize their potential for growth. For more information, please visit: www.dwhp.com.

DWHP is currently seeking investment opportunities for its third fund which represents $265 million of committed capital.

Contact: Eric Keen, DW Healthcare Partners, [email protected]; (416) 583-2422

SOURCE DW Healthcare Partners