FocalPoint Expands Healthcare Group
LOS ANGELES, CA — FocalPoint Partners, a leading middle market investment bank and a B. Riley Financial Company (NASDAQ: RILY) specializing in strategic and financial advisory services, today announced that Andrew Hewlett has joined the firm as a Managing Director in its national healthcare practice.
Mr. Hewlett brings close to 20 years of diversified healthcare experience to FocalPoint and shares the firm’s focus on developing creative solutions that benefit our clients and all stakeholders including owners, patients, providers, and payors. His M&A advisory expertise, coupled with strategy and corporate development roles within private equity-backed healthcare companies, reinforces FocalPoint’s differentiated positioning in the market. Mr. Hewlett brings particular subject matter expertise across practice management, outsourced pharma services, and medical devices.
“We are excited to welcome Andrew to FocalPoint as we continue to expand our healthcare investment banking platform,” said Managing Partner Duane Stullich. “Andrew brings an extensive understanding of the healthcare landscape and the universe of relevant financial sponsors and corporations that is critical to navigating this dynamic industry,” added Managing Partner Nishen Radia. “Moreover, Andrew values our firm’s culture of collaboration and integrity, and we look forward to continuing to expand and invest in our healthcare practice in concert with B. Riley.”
“FocalPoint Partners has an outstanding reputation of providing unique and valued advisory services for its clients, and I am thrilled to join its dedicated healthcare team at this exciting time as FocalPoint and B. Riley are investing in the firm’s growth,” said Andrew Hewlett. “I look forward to collaborating with my new colleagues as the firm continues to build and expand its healthcare presence.”
James Castro, Managing Director and Co-leader of FocalPoint’s Healthcare Group, said, “We are thrilled to announce Andrew’s addition to FocalPoint. FocalPoint’s strategic approach to healthcare investment banking is the perfect complement to B. Riley’s long history covering the life sciences sector.” Managing Director Hector Torres, Healthcare Group Co-leader, added, “Our differentiated approach to M&A advisory benefits from transaction professionals with deep experience in the trenches as healthcare consultants, operational leaders, and corporate development executives with healthcare service organizations. Andrew’s diversified background is a direct representation of our holistic approach.”
Prior to joining FocalPoint, Mr. Hewlett was a senior member of the Healthcare & Life Sciences practice of Harris Williams, an investment bank specializing in M&A advisory services and an executive in multiple private equity sponsored healthcare services businesses where he led acquisitions and growth strategy. Mr. Hewlett received a Master of Business Administration with High Honors from The University of Chicago Booth School of Business and a Bachelor of Science degree from the University of Virginia McIntire School of Commerce.
Click HERE for more information about FocalPoint Partners’ Healthcare Group, or contact a member of our Healthcare Leadership team below:
James Castro, Managing Director, jcastro@focalpointllc.com
Hector Torres, Managing Director, htorres@focalpointllc.com
Andrew Hewlett, Managing Director, ahewlett@focalpointllc.com
Eugene Izumo, Director, eizumo@focalpointllc.com
About FocalPoint Partners
FocalPoint Partners, a B. Riley Financial Company, specializes in mergers and acquisitions, private placements (debt and equity), and financial restructurings. Leveraging its national footprint, FocalPoint’s Healthcare Investment Banking Group provides strategic investment banking services to healthcare providers across the continuum of care including acute care (i.e., hospitals and health systems), behavioral health, outsourced pharmaceutical services, and physician practice management (e.g., ENT, orthopedic care, women’s health, urology, neurology, pain management). Investment banking services include M&A advisory, Capital Markets (i.e., debt & equity growth financing), and Special Situations (e.g., distressed M&A, financial restructuring). For more information, visit focalpointllc.com and follow us on LinkedIn and Twitter.
About B. Riley Financial
B. Riley Financial (NASDAQ: RILY) is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. For more information, please visit www.brileyfin.com and follow us on LinkedIn and Twitter.