Chicago-based healthcare sector-focused investment firm Cressey & Company has opened an office in Nashville, US. The new office is the firm's second.
Cressey & Company partners Ralph Davis and Bill Frist will work from the new office.
Davis was hired in January of this year, and is formerly chairman and a member of the board of directors of Waller Lansden Dortch & Davis. In November 2007, Cressey hired Frist, who previously was US Senate Majority Leader.
'Nashville is the epicentre of entrepreneurial activity in the healthcare services industry,' said Bryan Cressey, partner, Cressey & Company. 'We are pleased to enhance our strong presence in one of the leading cities fostering innovation in healthcare services and look forward to continued partnerships with local healthcare executives and companies.'
Cressey & Company currently has three portfolio companies with headquarters in Nashville: CLP Healthcare Services, Essent Healthcare and Haven Behavioral Healthcare.
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Cressey & Company opens Nashville office