Healthcare Growth Partners - HGP

What Healthcare Growth Partners - HGP does

Healthcare Growth Partners (HGP) is a boutique investment banking and strategic advisory firm exclusively focused on the Health IT and Services sector. Founded in 2006 by Christopher McCord, CFA, and operating through HGP Securities, LLC—a FINRA- and SIPC-registered broker-dealer headquartered in Houston, Texas—the firm serves small- and mid-sized, high-growth healthcare technology companies across sub-sectors including Benefits Management, Population Health Management, Revenue Cycle Management, PM/EMR, Payer Tech, Telemedicine, and Life Sciences Tech. HGP offers four core service lines: Sell-Side M&A Advisory, Buy-Side M&A Advisory, Capital Advisory, and Growth Strategy, having completed 150+ transactions representing over $6 billion in aggregate value.

The firm's primary technology asset is the proprietary HGP Momentum Index, a real-time analytics platform powered by its Health IT Transaction Database—the industry's most extensive proprietary transaction database covering 150+ transactions since 2007. The Momentum Index surfaces a Health IT Transaction Index (6-month moving average for control transactions), a Valuation Index benchmarked against public comparables, an Annualized M&A Volume Index, an Investment Value Index, and a Buyout Volume Index. These data products are monetized indirectly by informing advisory engagements and directly via published research output, including monthly HGP Observations and semi-annual Health IT Market Reviews.

HGP operates on a selective, senior-led engagement model. Revenue is generated through success-based M&A advisory fees and negotiated retainers, with terms structured per engagement and not publicly disclosed. The firm maintains a lean core team of four named professionals (Managing Director, Director, Vice President, Associate) and emphasizes intentional process design, exclusive buyer and seller network access, and senior-level attention on a limited number of concurrent mandates. Distribution is relationship-driven, leveraging industry conferences (including JP Morgan Healthcare Conference), healthcare-focused podcasts, content marketing via HGP Research publications, and a research subscription newsletter.

Name

Healthcare Growth Partners - HGP

Legal name

HGP Securities, LLC

Website

https://hgp.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Healthcare Growth Partners is a Houston-based boutique investment bank founded in 2006 that exclusively serves Health IT and Services companies with sell-side and buy-side M&A advisory, capital advisory, and growth strategy services, supported by its proprietary HGP Momentum Index.

Ownership category

akta.pro rank

Product category

Investment Banking Advisory

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Healthcare & Life Sciences Growth Equity (FSANACAB)

Keywords

• Investment banking advisory
• Health IT M&A
• Healthcare M&A advisory
• Capital advisory services
• Growth strategy consulting

Headquarters

HQ city

Elmhurst

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. M&A Advisory Fees: HGP generates revenue through success-based transaction fees for M&A advisory services including Sell-Side M&A, Buy-Side M&A, Capital Advisory, and Growth Strategy engagements. As a boutique investment bank, they work on a selective basis with a limited number of high-value engagements.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Healthcare Growth Partners is a boutique investment banking firm exclusively focused on Health IT and Services, providing Sell-Side M&A Advisory, Buy-Side M&A Advisory, Capital Advisory, and Growth Strategy services to small- and mid-sized, high-growth health informatics, health IT services, and digital health companies. Its advisory work is differentiated by the proprietary HGP Momentum Index, a transaction database and analytics platform covering over 150 deals and $6 billion in aggregate value.

Product overview

HGP provides investment banking and strategic advisory services exclusively for the Health IT and Services market, operating through four core service lines: Sell-Side M&A Advisory, Buy-Side M&A Advisory, Capital Advisory, and Growth Strategy. The firm differentiates its advisory services through proprietary research capabilities, including the HGP Momentum Index—a real-time market analytics platform tracking valuation and transaction trends—and periodic Health IT Market Reviews providing detailed sector analysis. HGP serves middle-market Health IT transactions, having completed over 150 transactions representing $6 billion in aggregate value.

Differentiator

Problem solved

Functional benefit

Products and services

• Sell-Side M&A Advisory Advisory services guiding Health IT and Services companies through the sale process, including strategic positioning, buyer identification, due diligence support, and transaction negotiation. For founders, CEOs, and boards of small- to mid-sized health-tech companies pursuing a liquidity event.
• Buy-Side M&A Advisory Advisory services supporting strategic acquirers and healthcare-focused private equity firms in identifying, evaluating, and executing Health IT acquisition opportunities. For strategic acquirers and PE sponsors targeting health-tech assets.
• Capital Advisory Advisory services for growth financing, recapitalizations, and capital structure optimization for Health IT companies. For founders, boards, and CFOs of high-growth health-tech companies seeking non-control capital.
• Growth Strategy Advisory Strategic advisory services helping Health IT companies evaluate growth alternatives, including pre-transaction planning and strategic market positioning. For Health IT executives and boards evaluating inorganic and organic growth options.
• HGP Momentum Index A real-time market analytics platform providing valuation and transaction trend indicators for the Health IT market — including the Health IT Transaction Index (6-month moving average), Valuation Index versus Public Comps, Annualized M&A Volume Index, Investment Value Index, and Buyout Volume Index — leveraging HGP's proprietary transaction database of 150+ deals representing $6 billion+ in aggregate value. For Health IT executives, investors, and acquirers seeking market intelligence to inform strategic and transaction decisions.

Quantifiable outcome

• 150+ completed Health IT transactions representing over $6 billion in aggregate value
• +1 more outcomes

Named customers10 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Bourne Partners: Bourne Partners is a Charlotte-based boutique investment bank exclusively focused on healthcare M&A, advising lower- and middle-market healthcare services and technology companies on sell-side, buy-side, and recapitalization transactions — directly comparable to HGP's mandate profile.
• Edgemont Partners: Edgemont Partners is a healthcare-dedicated boutique M&A advisory firm serving middle-market healthcare services and technology companies — a near-direct competitor in size, scope, and target client profile to HGP.
• Healthcare Capital Advisors: Healthcare Capital Advisors is a boutique M&A advisor dedicated exclusively to healthcare services, technology, and consumer health, serving a client base of founder-led and PE-backed companies of similar size and stage to HGP's target market.
• Ziegler: Ziegler is a privately held investment bank with a dedicated Healthcare practice providing M&A, capital raising, and strategic advisory to healthcare organizations — overlapping with HGP's Health IT sell-side and capital advisory offerings.
• TripleTree Holding Company: TripleTree is a boutique investment bank focused on healthcare and technology, providing M&A and capital advisory similar to HGP. The two firms frequently compete for the same middle-market Health IT sell-side and capital advisory mandates.

Broad incumbents

• Lincoln International: Lincoln International operates a global mid-market M&A advisory practice with a dedicated Healthcare team. It competes with HGP on middle-market Health IT sell-side and buy-side mandates, but operates a much larger, multi-vertical model.
• Jefferies Healthcare Group: Jefferies' Healthcare Group provides M&A, equity research, and capital raising across healthcare IT, services, and life sciences. As a bulge bracket player, it competes with HGP on larger Health IT sell-side mandates and capital advisory engagements.
• Leerink Partners (SVB Leerink): Leerink Partners is a healthcare-dedicated investment bank providing M&A, equity research, and capital markets advisory across healthcare services and technology — a broader incumbent that frequently competes with boutique peers like HGP in middle-market Health IT.
• Piper Sandler Healthcare Group: Piper Sandler operates a deep healthcare investment banking practice covering services, IT, and life sciences — a broader incumbent whose Health IT M&A and equity capital markets capabilities overlap with HGP's advisory offering, especially on larger middle-market deals.

Others

• FTI Consulting Corporate Finance: FTI Consulting's Corporate Finance & Restructuring segment provides healthcare transaction advisory including buy-side and sell-side M&A. Jake Kisch's prior tenure at FTI Consulting signals overlap in the broader healthcare transaction advisory ecosystem, though FTI is a multi-vertical consulting firm rather than a Health IT specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/HGP_LLC
• LinkedInlinkedin.com/company/1627660

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Healthcare Growth Partners - HGP