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Explore how financial modeling underpins every investment at Aphias Capital. Learn about our disciplined, data-driven approach.

Approach

We empower organizations to unlock their full potential and achieve extraordinary success.

Investment Profile
 

Our clearly defined investment criteria keep the Aphias team focused on opportunities where we can create meaningful value and deliver successful outcomes for our portfolio companies.

Industry Focus Areas
 

We take a thematic investing approach, with a focus on Healthcare Services and Essential Services. Our deep industry expertise allows us to uncover underappreciated opportunities and empower companies to achieve their North Star.

Operational Excellence 
 

The Aphias One Team Alignment (“OTA”) methodology drives operational excellence – delivering Fortune 500-level sophistication without unnecessary complexity. Designed in close partnership with management, OTA is tailored to meet each company’s distinct needs and unlock its full potential.

Delve into Aphias Capital’s latest perspectives on private market dynamics, risks, and opportunities shaping the investment landscape.

Investment Profile

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Market Size

Large markets with aggregate sales of $1B+

 â€‹â€‹

Demand Characteristics

Recurring or re-occurring products and services​

Company Size

Annual EBITDA of

$5m - $30m​​​

​

Market Growth Rate

Annual growth

rate of >3%

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Geography

Headquartered in

North America

​​

Company Type

Healthcare Services & Essential Services

​

Industry Focus Areas

Approach_IndustryFocus

Healthcare Services

Healthcare is a patch quilt of non-profit and for-profit solutions in the United States across pharmacy, med-tech, HCIT and provider solutions.  Healthcare is 17.5%+ of GDP* and growing with tremendous opportunity to bend the cost curve while increasing care quality.

* as of 2023

Sectors of Focus

Provider
Payor
Behavioral health 
Pharmaceutical 
HCIT 
Human capital & other support 
Medical technology
Distribution and logistics 
Healthcare professionals in a hospital hallway, reflecting Aphias Capital’s investment focus in healthcare services
Doctor's Desk representing Aphias Capital's involvment in the healthcare serivces

 Representative Areas of Opportunity

Preventative health
Consumerism / price transparency
Behavioral health
Site of service
Care access
Value-based care
Fraud waste & abuse
Demand & labor shortage of providers
Pharmacy
Technology utilization / enablement 

Essential Services

Essential Services are the critical functions that support the daily lives and well-being of society where the demand characteristics are recurring or re-occurring and non-cyclical in nature.

Sectors of Focus

Facility 
Environmental / infrastructure 
Business process outsourcing

Technology services / digital transformation

Human capital 

Supply chain management / distribution & logistics

Consumer services (in/out of home)

Industrial services & automation

Hard hat worker with clipboard assessing a build, reflecting Aphias Capital’s focus on operational excellence and scalability
Private equity professional evaluating opportunities from high-rise office overlooking city

Representative Areas of Opportunity

Customer scale benefits
Pricing optimization
Human capital efficiency 
Technology enablement
Leverage data, analytics & systems
Go-to-market improvements
Operations best practices
Service/culture as competitive advantage
Compensation best practices
Automated vaccine production line representing Aphias Capital’s investment focus in healthcare innovation

"While we are highly qualified in supporting portfolio companies in all topics related to finance ... success, passion and focus lie in our operations and company-building. This focus is what sets us apart and drives our differentiated and repeatable success."

- Rob Wolfson, Managing Partner

Approach_OperationalExcellence

Operational Excellence

One Team Alignment - Aphias Capital
Learn how Aphias Capital approaches financial modeling to support sound investment decisions and long-term growth.
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© 2025 Aphias Capitalâ„ 

General Disclaimer: Aphias Capital, LLC (“Aphias Capital” or “Aphias”). References to Aphias team, portfolio investments or other information generally represents the experience and activities of Aphias personnel prior to joining Aphias Capital.

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