Origami Capital Recapitalizes Growth Equity Fund and Purchases Interests in Healthcare Portfolio Company

March 24, 2021

Origami Capital Partners completed a multifaceted recapitalization of a growth equity fund, converting it into a continuation vehicle, purchasing interests in an existing healthcare portfolio company from legacy investors (in partnership with the fund manager), and refinancing and upsizing a NAV facility. The firm committed more than $50 million to facilitate the transaction and gained exposure to a diversified set of assets across payments, education, software and healthcare.

Buyers
Origami Capital Partners, Fund manager (unnamed partner)
Targets
Unnamed growth equity fund (recapitalized into continuation vehicle), Interests in an unnamed healthcare portfolio company
Sellers
Legacy investors
Location
United States
Transaction Type
Recapitalization

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