ProSomnus® Sleep Technologies is a member of HealthpointCapital’s portfolio of investments. HealthpointCapital is a value-driven, research-oriented private equity firm that has an exceptional track record of investing in innovative dental and orthopedic medical device companies.
HealthpointCapital is the leading private equity firm exclusively focused on the Musculoskeletal sector. This focus allows their team to have unmatched expertise, relationships and understanding of this greater than $50 billion global industry. The combination of deep private equity experience, decades of active mentorship of small rapidly growing firms and leadership from the top level in the musculoskeletal industry make Healthpoint a partner like no other. Both their investors and partner companies look to them to make very well-informed decisions in this highly valuable and specialized sector.
In addition to having tremendous support from Healthpoint, we are incredibly fortunate to have a Board of Directors comprised of very successful executives who take active roles in guiding us to achieve our aggressive growth plans.
Laing F. Rikkers, Executive Chairman
Ms. Rikkers has been working with the executives at ProSomnus for 7 years. She oversaw the sale of MicroDental Laboratories and repositioned the Company to focus on the rapidly expanding Sleep Apnea market. She has been at HealthpointCapital for 13 years and prior spent 10 years in management positions at Amerada Hess Corporation, the Walt Disney Company and New York-Presbyterian Hospital focused on Organizational Development and Human Resources. Ms. Rikkers is an experienced investor and manager with a track record of building successful businesses. As a member of the Investment Committee and an advisor to portfolio companies at HealthpointCapital, her principal role is in identifying investment opportunities, determining strategies and developing organizations. Ms. Rikkers is a member of the Board of Directors at HealthpointCapital LLC, BioHorizons, Inc. and formerly MicroDental Laboratories, Inc. She is the Chair of the Salk Institute Council and a Cabinet member of the Salk Excellerators and at the Salk Institute for Biological Studies. Ms. Rikkers received a B.A. from Harvard College and an M.A. in Organizational Psychology from Columbia University.
William “Bill” Johnson
Mr. Johnson is the former CEO and CFO of MicroDental. He has a prior financial executive background in the healthcare, luxury goods, industrial metals, and food distribution industries. His prior multi-location healthcare products experience was with American Hospital Supply Corporation and Abbey Medical (now Apria). Further, Bill has private-equity portfolio company and IPO experience. He is a CPA and holds a MBA in Finance from Mercer University, and a BS in Business/Accounting from Indiana University.
John H. Foster
Mr. Foster is a 40-year veteran of private equity investing and a successful entrepreneur/executive. He founded Foster Management Company in 1972, which managed seven private equity funds. Mr. Foster was founder and CEO of most of Foster Management’s portfolio companies including Foster Medical Corporation and NovaCare, Inc. He is HealthpointCapital’s specialist on China: Trustee the Asia Fund, Asian Cultural Council and a Founder/Advisory Board Member of the Asia Society Policy Institute. He was formerly a Board Member of Avon, Inc. and Corning Incorporated, a Trustee of the Asia Society, the Hospital for Special Surgery in New York, the Burke Rehabilitation Hospital, and Children’s Hospital of Philadelphia, on the Dean’s Council at the Harvard School of Public Health, and an Overseer of the Amos Tuck School of Business Administration. Mr. Foster received a B.A. from Williams College and an M.B.A. from Amos Tuck School, Dartmouth.
Mortimer “Tim” Berkowitz II
Mr. Berkowitz is President & Managing Director at HealthpointCapital. Mr. Berkowitz has 25 years of private equity investing experience and is a seasoned and successful investment professional. Prior to founding HealthpointCapital in 2002, he had spent more than 20 years in private equity and investment banking. He is Chairman of Alphatec Holdings and OrthoSpace Ltd. Mr. Berkowitz is currently a member of the Board of Directors of BioHorizons, Inc. and Blue Belt Technologies, Inc. He has served as a former Director of Nexa Orthopedics, Inc. and Physician Support Systems, Inc. and is currently a member of the Leadership Council of the Harvard School of Public Health. MD&DI magazine has recognized Mr. Berkowitz as one of the 100 notable people in the medical device industry. He holds an MBA from Columbia University and a BA from Harvard University.
Mr. Reinhard is Chairman Emeritus of DDB Worldwide, which ranks among the world’s largest and most creative advertising agency networks with 200 offices in 90 countries. In 1986 Keith was one of the architects of the advertising industry’s first and only three-way merger, creating Omnicom, which today ranks as one of the world’s largest advertising and marketing services holding company. Concurrent with the creation of Omnicom, Keith accomplished the merger of Doyle Dane Bernbach and Needham Harper Worldwide to create the present network, DDB Worldwide. Under Keith’s fifteen- year tenure as Chairman, CEO, DDB produced award-winning work for a long list of blue-chip clients including Anheuser-Busch, Volkswagen, McDonald’s, Diesel, Philips Electronics and many more. From 2002 to 2010, Keith served as President of Business for Diplomatic Action, Inc., (BDA) a not-for-profit corporation he founded to enlist the U.S. business community in actions aimed at improving the standing of America in the world. In 2010, BDA was chosen by the U.S. Department of State to administer and coordinate the visit of 30 entrepreneurs from Muslim-majority countries to the United States as a part of President Obama’s New Beginning program.
Leslie “Les” Cross
Mr. Cross serves as a member of the Board of Directors, and former Chairman and CEO, of Alphatec Holdings, where he’s been on the Board since March 2011. Previously, Mr. Cross served as DJO Global, where he held several principal executive roles since 1995. From 1990 and 1994, Les held the position of Senior Vice-President of Marketing and Business Development of the Bracing and Support Systems division of Smith & Nephew. He was Managing Director of two different divisions of Smith & Nephew from 1982 to 1990. Mr. Cross earned a diploma in medical technology from Sydney Technical College in Sydney, Australia and studied business at the University of Cape Town in Cape Town, South Africa.
Len M. Hedge
Mr. Hedge served as Senior Vice President of Business Operations at Align Technology Inc. from December 2007 to March 2013. Mr. Hedge focused on the design and implementation of core business processes and cross-functional collaboration to support the Align Technology long-term goals and strategic initiatives. He served as Vice President of Operations of Align Technology Inc. from March 2002 to November 2007 and also served as its Vice President of Manufacturing from January 1999 to March 2002. Since joining Align in 1999 Mr. Hedge helped create Align’s world-class manufacturing technology and processes. He served as Vice President of Operations for Plynetics Express Corporation from December 1996 to December 1998. From October 1991 to December 1996, he served Beckman Instruments Corporation as Manager for Prototype Manufacturing and Process Development. Prior to Beckman, he served 13 years at General Dynamics Corporation with increasing responsibility from Machinist to Manager of Mechanical Fabrication. Mr. Hedge received his B.S. from La Verne University.
Stephen C. Curley
Mr. Curley is a Member at Mintz Levin Cohn Ferris Glovsky and Popeo PC and has advised U.S. and foreign companies on transactional matters, including corporate mergers and acquisitions, debt and equity financings, infrastructure projects, and related tax issues for more than 30 years. For many years, he has advised clients in broad array of segments in the healthcare industry with transactional matters. He is active in many professional organizations, and has served on the boards of numerous charitable and civic groups. While in law school, Mr. Curley served as Articles Editor for The University of Chicago Law Review. Mr. Curley received a JD from the University of Chicago, a BA from Haverford College, and a LLM from New York University.
Mr. Liptak is the Co-Inventor/Co-Founder and CEO of ProSomnus. Prior to starting ProSomnus, Len was President of MicroDental Laboratories, where he led the commercialization of multiple, award-winning, new products, guided business unit operations, and directed the expansion of the company’s digital supply chain. In 2016, Len led the sale of MicroDental Laboratories to the Modern Dental Group (HKG:3600). Len also spent 10 years at 3M Company and Stryker Corporation in strategic business development, business unit management and product development capacities. While at 3M, Len received his Six Sigma accreditation, and was awarded the company’s Golden Step Award, Circle of Technical Excellence Team Award, and Global Sales and Marketing Leadership Award. Len earned an M.B.A. from the University of Minnesota’s Carlson School of Management and a B.A. from Brown University.
Mike Mogul is President and Managing Director of HealthpointCapital. Prior to Healthpoint, Mike was last President, Chief Executive Officer and Director of DJO Global, a $1 billion firm in the Orthopedic sector owned by Blackstone, and market leading in non-operative segments including Bracing and Physical Therapy equipment. DJO was also the fastest growing firm in Total Joint implants and Consumer Sports Medicine under his leadership. Prior to joining DJO, Mike served as Group President, Orthopaedics for Stryker Corp. managing Stryker’s global orthopaedic businesses, which represented approximately $3 billion in revenue. Additionally, in his 22 years in the musculoskeletal space at Stryker, Mike served as Managing Director of all of Stryker’s divisional segments in Germany, Austria and Switzerland. Mike is Chairman of the Board of Crossroads Extremity Systems and a Board Member of ProSomnus Sleep Technologies. Mike received a Bachelor of Science degree from the University of Colorado and has attended the Advanced Management Program at the Harvard Business School.
Pedram Salimpour, MD
Dr. Salimpour is an Iranian-American physician-scientist, author, professor, entrepreneur and business executive. He is the co-founder of CareNex Health Services, now part of Anthem, Champion Health Enterprises, and Plymouth Health, the latter of which previously owned Alvarado Hospital in San Diego. He has served on numerous boards and is the youngest president in the history of the Los Angeles County Medical Association, a title he has held since 2014. Salimpour is also the first two-time recipient of the American College of Physicians’ Research Award. As a keynote speaker he delivered the commencement address to the University of California, Riverside’s 2008 graduating class and gave the keynote address at the 2012 annual colloquium for the Whitehead Institute at MIT in 2012.
Andrea McCaskey is Momentum’s Director of Programs. Prior to joining Momentum in 2018, Andrea served as Vice President of Human Resources at BioHorizons Implant Systems, Inc. where she and her team managed all aspects of the Human Resources Department for more than 500 employees worldwide. Prior to joining BioHorizons, she was Vice President, Human Resources at Regions Bank. Andrea received her B.S. in Finance from Tennessee Technological University in Cookeville, TN. In her community work, she serves on the YWCA of Central Alabama Board of Directors as head of the Human Resources committee. Additionally, Andrea was the 2006-2007 president of the Junior League of Birmingham, becoming its first African American president. In 2012, Andrea created Sanctuary, a retreat ministry for women. She is a certified life coach and retreat leader. She is pursuing a MA Theology and Ministry program at Fuller University. Andrea is married to retired Birmingham Police Deputy Chief, Jamal McCaskey. They are the proud parents of two young adults, Brandon and Madison.
For more information on HealthpointCapital, please visit http://www.healthpointcapital.com/