Profile

The Vistria Group is building a new kind of private investment firm that seeks to deliver both financial returns and societal impact. It invests in essential industries like healthcare, knowledge & learning solutions, financial services and housing that deliver value for investors as well as communities, employees, and consumers. With over $12.9 billion in AUM, The Vistria Group looks deeper by working as a true partner, drawing on its deep sector knowledge, operational expertise, unique network, diverse team, and impact orientation to achieve transformational growth.

www.vistria.com

Awards

2024 Top Private Equity Firms

2024 Top 25 Healthcare Investors, David Schuppan

2023 Top Private Equity Firms

2023 Top 25 Healthcare Investors, David Schuppan

2022 Top 25 Healthcare Investors, David Schuppan

Key People

Kip Kirkpatrick, Co-Founder, Co-CEO and Co-Chairman

Co-Founder, Co-CEO and Co-Chairman of The Vistria Group. Before his tenure at The Vistria Group, Kip co-founded private equity firms One Equity Partners and Water Street Healthcare Partners and also served as the CEO of United Shore Financial Services LLC. Kip has served on numerous boards during his career, including Chairman of the Board of Medulla LLC, PLUS Diagnostics and Precision Dynamics Corporation, and as a board member of Supplemental Health Care, CareMetx, AbilityOne Corporation, Medex Corporation, and CareCentrix. In addition to his corporate board memberships, Kip is passionate about giving back to his community. He is a member of the Board of Trustees at Northwestern University, Rush University Medical Center, and The Art Institute of Chicago. He also serves on the Global Advisory Board at Kellogg and is Chairman of the Kellogg Private Equity Advisory Council.

Martin Nesbitt, Co-Founder, Co-CEO and Co-Chairman

Co-Founder, Co-CEO and Co-Chairman of The Vistria Group. He is the former President and CEO of The Parking Spot, an owner and operator of off-airport parking facilities. Prior to launching The Parking Spot, Martin was an officer of the Pritzker Realty Group and an Equity Vice President and Investment Manager at LaSalle Partners. Martin currently serves on the Board of Directors of American Airlines Group and Chewy, Inc. He serves as Trustee of Chicago’s Museum of Contemporary Art and Chairman of the Barack Obama Foundation.

David Schuppan, Senior Partner and Co-Head of Healthcare

Senior Partner and Co-Head of Healthcare at The Vistria Group. Previously, he was a Founder and Partner of Cressey & Company, a healthcare provider and technology focused private equity firm. David is currently serves on the Board of Directors of Help at Home, Homefree Pharmacy Services, Medalogix, Mission Healthcare, PantheRx, tango (fka PHCN), Sevita, Rock Dental Brands and VitalCaring Group.

Amy Christensen, Senior Partner and Co-Head of Healthcare 

Senior Partner and Co-Head of Healthcare at The Vistria Group. Prior to joining The Vistria Group, Amy was a Vice President at NewSpring Capital, a middle market private equity firm with a family of funds, including a dedicated healthcare fund. Amy currently serves on the Board of Directors of Behavioral Health Group, Medulla, Supplemental Health Care, Beacon Specialized Living, and Sandstone Care. 

Phil Alphonse, Senior Partner and Co-Head of Knowledge & Learning Solutions 

Senior Partner and Co-Head of Knowledge & Learning Solutions at The Vistria Group. Prior to joining The Vistria Group, he served as a Principal at a private equity fund where he focused on investments in education companies. Phil is the Chair of the Illinois Venture Capital Association and is also involved as a board member for the University of Chicago Medical Center, P33 Chicago, and WTTW. Additionally, Phil serves on the Board of Directors for MGT Consulting, Really Great Reading, Education Solution Services (ESS), Edmentum, and Media Source Inc.

Margaret Anadu, Senior Partner and Head of Real Estate

Senior Partner and Head of Real Estate at The Vistria Group. Margaret leads the Firm’s Real Estate practice. She is widely recognized as one of the foremost experts on equitable access to capital and as an influential figure in U.S. commercial real estate. Prior to joining The Vistria Group, Margaret was a Partner at Goldman Sachs where she served as the Global Head of Sustainability and Impact for Asset Management and Chair of the Urban Investment Group (GSUIG), the first impact investing platform at a major U.S. financial institution. Margaret currently serves as the Chair of the Board of Directors of the New York City Economic Development Corporation. She also serves on the Boards of the Low Income Investment Fund, the Center for an Urban Future, Smithsonian National Portrait Gallery, Planned Parenthood Federation of America, and the Africa Center.

Funds Raised

In just over a decade, The Vistria Group has raised almost $13 billion in cumulative capital commitments closed across its five Flagship funds, one Credit fund, and one Real Estate fund, including co-investment and co-investment/continuation vehicles across all its Flagship funds.

Key Investments

Agape Care: Exited Oct 14, 2021
Sector: Healthcare

Provider of quality hospice services for families and those with life-limiting illnesses.

St. Croix Hospice Exited Oct 30, 2020
Sector: Healthcare

Provider of quality hospice services for those with life-limiting illness and their families.

CareMetx: Invested Feb 16, 2021
Sector: Healthcare 

A leading technology-enabled hub services company improving patient access and adherence to specialty medications.

Medalogix: Invested May 18, 2021
Sector: Healthcare

Premier data science and machine learning technology company focused on the advancement of patient care within home health, palliative and hospice care settings.

Supplemental Health Care: Invested Nov 18, 2021
Sector: Healthcare

Provider of outsourced healthcare staffing and staffing management solutions to a broad range of hospitals, non-acute healthcare providers, schools, government services and other healthcare organizations.

FullBloom: Exited Dec 15, 2021
Sector: Knowledge & Learning Solutions

Provider of supplemental education and behavioral health services for children with special needs.

The Mather Group: Invested Mar 31, 2022
Sector: Financial Services

A fee-only independent registered investment advisor (“RIA”) that offers comprehensive financial planning, investment management, tax planning & preparation, estate planning, and family office services to individuals.

Sandstone Care: Invested June 28, 2022
Sector: Healthcare

An adolescent & young adult treatment program for individuals struggling with mental health, substance use, and co-occurring disorders.

Flores: Invested Sep 23, 2022
Sector: Financial Services

Provider of benefit technology solutions and administrative services to employers throughout the United States.

Really Great Reading: Invested Dec 9, 2022
Sector: Knowledge & Learning Solutions 

Provider of scientifically-aligned literacy curriculum for students in grades pre-K through high school.

MGT Consulting: Invested Apr 10, 2023
Sector: Knowledge & Learning Solutions

A tech-led managed services business focused on outsourced solutions for State, Local, and educational entities.

Capital Responsibility

The Vistria Group believes that impact is a core driver of value creation, and every company has the potential to contribute a positive impact for its stakeholders. We chose our focus sectors – healthcare, knowledge & learning solutions, financial services, and housing – because they are foundational to individual well-being and there is significant untapped opportunity to unlock impact potential. In partnership with our portfolio company management teams, The Vistria Group aims to help these companies become the best versions of themselves. We strive to work as a true partner with our portfolio companies, drawing on our deep sector knowledge, operational expertise, unique network, and policy insight to achieve transformational growth. We are proud to partner with portfolio companies that are demonstrating their values through their business conduct practices – establishing themselves as Best Places to Work, leaders in Diversity, Equity, and Inclusion (DEI), and practicing environmental stewardship and best-in-class compliance. We work alongside these management teams to bolster their efforts as part of value creation, seeking to raise the bar for what it means to be a good company.

CEO Reviews

Mark Hansan, Co-Founder and Executive Chairman, CareMetx

“The Vistria Group was the first private equity firm we brought in as a partner. Their expertise and capital enabled us to make two pivotal acquisitions that not only accelerated our growth but also allowed us to help thousands more patients gain access to specialty therapies. Their approach, really their mentality, has been to consistently exceed the traditional expectations of a private equity firm while establishing themselves as an indispensable partner for our success.”

Trey Traviesa, CEO, MGT Consulting  

“Since day one, The Vistria Group has been a true partner in supporting our long-term vision of driving social impact through client performance. Their deep sector knowledge and operational support has helped us to better serve our clients and drive results that advance student outcomes.”

Elliott Wood, President & CEO, Medalogix 

“The Vistria Group’s approach to partnership has been genuine and critical to our success. They have a balanced view on supporting strategy, including a deep subject matter expertise in our end market, and ensuring the management team has what and who we’ve needed to deliver results. Vistria has delivered on the commitments they made during our initial investment discussions, and they’ve helped us drive innovation and substantial growth.”