January 8, 2007
Rod Boone Named Operating Partner at DW Healthcare Partners (DWHP)
SALT LAKE CITY, Jan. 8 /PRNewswire/ -- DW Healthcare Partners today announced that Rod Boone has joined the firm as an Operating Partner.
Rod has over 20 years of experience growing, building and operating healthcare companies. Prior to joining DWHP, Rod was President and CEO of Royce Medical Holdings, a private equity owned orthopedics manufacturer with multiple manufacturing sites in New Jersey, Taiwan, China and California. In August of 2005, Royce Medical was sold to Ossur, a European orthopedics company for $216M in a cash transaction."We are delighted to have Rod as a member of the DW Healthcare Partner investment team," said Jay Benear, one of DWHP's Founders and Managing Directors. "Rod's extensive experience and deep relationships in the healthcare industry and his deep operating experience will contribute enormously towards our goal of offering strategic operating assistance to our portfolio companies."
Prior to Royce Medical, Rod was President and CEO of Syncor Pharmaceutical Services a $700M division of Syncor International with over 2200 employees. While CEO of Syncor Pharmaceutical Services, he launched five new businesses and developed a growth strategy that grew the division from $489M to $700M in two years. In January 2003, Syncor was acquired by Cardinal Health for $1.0B. Rod has also spent time as the President of Allegiance Healthcare West Region and Corporate Officer and Divisional Vice President for Owens and Minor.
"I have had the pleasure of associating with the management team of DWHP over many years and I am excited to join this outstanding group of professionals," said Rod Boone. "DWHP is a firm that brings extensive operating experience to the table and works with its portfolio companies in true partnership."
At DWHP, Rod will be an integral member of the firm's investment team and will be working closely with its portfolio companies as well as sourcing new investment prospects.
About DW Healthcare Partners
DWHP is a private equity firm focused exclusively on the healthcare industry. The firm is led by five seasoned healthcare executives with more than 100 years of combined industry experience. DWHP invests in profitable healthcare companies with proven management teams. For more information, please visit http://www.dwhp.com/.
DW Healthcare Partners
CONTACT: Andrew Carragher of DW Healthcare Partners, +1-801-365-4003,[email protected]
Web site: http://www.dwhp.com/