Vice President Private Equity

Private Equity VP - Healthcare

This Private Equity is a lower middle-market private equity firm focused on control-oriented buyouts of founder-owned businesses with revenues under $50 million. The firm has raised over $1 billion across multiple funds and primarily serves as the first institutional capital in these businesses. The firm is located just outside Philadelphia, PA.

About the Role

A lower middle market private equity firm is seeking a Vice President with a proven track record of leading platform deals to join their investment team. This is a partner-track opportunity at a stable, growing firm currently raising its fifth fund (targeting $500600 million) with 95% institutional capital, a collegial culture, and a strong history of promoting from within.

What Makes This Opportunity Compelling

You will join as the number two on the healthcare investing team, working directly with a Partner who leads the firm's healthcare investments with a focus on medical devices. This is not about finding someone who is already a healthcare expert; it is about finding a strong equity investor who wants to build deep sector expertise and own a vertical within an established platform.

You will have significant autonomy to build and own your healthcare sub-sector, including healthcare services, healthcare IT, tech-enabled services, healthcare software, or life sciences, in areas complementary to the Partner's medical device focus. You will dedicate 7080% (ideally 100%) of your time to healthcare, developing investment theses, driving deal origination, and shaping the firm's healthcare strategy alongside an experienced Partner.

The Path Forward

This is a true partnership-track role at a firm known for internal promotion and long-term career development. You will have the opportunity to establish yourself as a healthcare specialist, champion your own deals to IC, and position yourself for Principal and eventual Partner as the firm continues to grow. There is potential for a dedicated healthcare fund down the road, and you would be instrumental in building toward that.

Key Responsibilities

• Develop and execute investment theses in your healthcare sub-sector
• Build and maintain networks of executives, industry experts, and advisors in healthcare
• Drive 3-4 proactive search efforts around 2-3 healthcare investment themes at a time
• Collaborate with industry experts to identify high-potential healthcare market segments
• Leverage the firm's two-person BD team (sourcing 800-900 deals annually) while leading thesis-driven healthcare deal flow

Transaction Execution

• Lead and coordinate the deal process from diligence to closing, including financial modeling, valuation, and negotiation
• Perform in-depth analysis of financial statements, industry trends, and market dynamics
• Manage relationships with legal, tax, and financial advisors during the execution process
• Oversee the preparation of investment committee materials and present findings to senior leadership
• Champion your healthcare deals to IC and drive decision-making

Portfolio Company Management

• Work closely with portfolio companies to drive growth, operational improvement, and strategic initiatives
• Monitor key performance indicators (KPIs) and financial performance across portfolio companies
• Support exit strategies through preparation for sale, IPO, or strategic partnership

Team Leadership

• Mentor and develop Analysts and Associates on the deal team
• Collaborate with internal teams (investor relations, finance, legal) to align strategy and processes.

Deal Pipeline Management

• Maintain a robust pipeline of potential investment opportunities and prioritize resources accordingly
• Maintain relationships with industry experts, advisors, and potential management teams
• Develop and expand healthcare industry knowledge to aid in deal flow

Professional Experience & Qualifications

• 7-10 years of relevant experience, with 3+ years in private equity at a buyout-focused fund
• Proven "deal two" quarterback experience - you've led multiple deals through diligence and closing
• Platform deal track record - several successful platform investments closed
• Senior Associate or VP level - ready to step into a day-one VP role
• Strong financial modeling, valuation, and analytical skills
• Excellent negotiation and communication skills, with the ability to influence both internal and external stakeholders
• Ability to manage multiple projects simultaneously and perform under pressure
• Strong leadership and mentoring abilities
• Interest in healthcare investing and willingness to build sector expertise (healthcare deal experience preferred but not required)
• Knowledge of healthcare sectors (e.g., healthcare services, healthcare IT, tech-enabled services, medical devices, life sciences) is a plus

Soul Equity is a retained Executive Search firm, dedicated exclusively to guiding Middle Market Private Equity Firms and their Portfolio Companies to best-in-class talent. We work exclusively with Middle Market Private Equity firms to grow their internal teams and transform their portfolio companies. Our boutique recruiting experience is highly bespoke and curated to our clients' needs.

This firm is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.