Healthcare-focused private equity | Healthspan Partners Fund I
ALA Capital is a healthcare-focused private equity firm building institutional-grade physician practice platforms in the longevity and precision medicine sectors. We acquire profitable practices at disciplined valuations and deploy proven operational infrastructure to drive sustainable growth and strong investor returns.
The longevity economy is forecasted to exceed $600 billion globally. The United States will have 73.1 million Americans age 65+ by 2030. Direct primary care and concierge practices have grown at 83% annualized over the past five years. Despite this tailwinds, private equity penetration remains below 5%—creating a significant white space for disciplined platforms.
We invest in "picks and shovels"—the delivery infrastructure that all longevity and precision medicine therapies require. We build revenue-diversified platforms across three engines: Core Clinical Services (primary and specialty care), Longevity Therapy Administration (hormone replacement, peptide therapy, diagnostics), and Clinical Trial Hosting (early-stage and post-market research networks).
Venture-backed clinic models have failed to achieve sustainable unit economics. Forward Health burned $650 million before collapse; Modern Age shuttered after $43 million in losses. Our approach is fundamentally different: we acquire already-profitable physician practices at 3-5x EBITDA, achieving cash flow positivity on day one. We pair operational excellence with disciplined capital allocation.
Our anchor markets offer unique combinations of wealth density, demographic tailwinds, and operational readiness for physician practice consolidation.
Explore our Scottsdale LBO model in real time. Adjust revenue growth, margins, leverage, and exit assumptions to see how returns respond across scenarios.
Launch Interactive ModelOur target footprint spans 8 metropolitan statistical areas across 7 states, with initial deployment across 22 physician practices. This diversified geography balances market concentration risk while maintaining operational efficiency through regional MSO hubs.
For a detailed interactive map of our target markets, investment pipeline, and planned expansions, visit our dedicated mapping platform:
Explore Interactive Target Map