REDBORN CAPITAL - Key Persons
Gene Crisman has over 35 years of healthcare operating experience in medical supply distribution, drug wholesaling, home medical equipment, oxygen therapy, diabetic products, institutional pharmacy services, infusion services, and sleep laboratory operations. Prior to joining Redborn Capital in early 2008 as an Operating Partner, he was a principal in HCS Diabetics, Inc., a small diabetic supply company. Before that, he was Chief Operating Officer and founder of Home Care Supply, Inc., the largest privately-held provider of home medical equipment and related services. HCS grew to approximately $200 million in revenues from its formation in early 1997 to its sale to Praxair, Inc. in 2004 through substantial internal growth and several acquisitions. Previously, he was Chief Operating Officer of Taylor Medical, Inc., a leading privately-held distributor of medical supplies to office-based physicians and other alternate-site healthcare providers. He joined Taylor's predecessor in 1986 from Estorge Drug Co., Inc., a drug wholesale and physician supply company, and played a key management role in Taylor's growth to $150 million in proforma sales at the time of its merger with PSS WorldMed, Inc. in 1995. He has also provided consulting services to PSS WorldMed, Inc., Bain, and numerous privately-held healthcare companies.
During his career, Mr. Crisman has been involved with the management and development of large, multiple-site healthcare operations; several operational improvement projects or turnarounds; the acquisition and integration of almost 50 companies; and the sale of two privately-held companies to larger corporate buyers.
Mr. Crisman received his B.S. in Mathematics from Louisiana State University in 1971.
He was previously an owner of HCS Diabetics, Inc., a diabetic supply company based in Beaumont, TX, and a director of Estorge Drug Co., Inc., Taylor Medical, Inc., and Home Care Supply, Inc.
A native of Louisiana, Gene Crisman has been married for 37 years, and has four children and three grandchildren.
Bill Kane has over 25 years of private equity and healthcare experience. Prior to forming Redborn Capital in early 2008, he spent almost four years at MTS Health Investors, LLC, the private equity affiliate of healthcare merchant bank MTS Health Partners, LP. Previously, he spent 17 years - 12 years as General Partner or Senior Managing Director - at Harvest Partners, LLC, a middle-market private equity firm, where he specialized in healthcare. Before that, he was with Med-Tech Ventures, the healthcare venture capital unit of Warner-Lambert Company.
During his career, Mr. Kane has been involved with dozens of management buyouts, recapitalizations, add-on acquisitions and growth financings, typically as lead equity sponsor or co-sponsor.
Mr. Kane received an MBA from the Sloan School of Management, M.I.T., in 1982, attended the Microbiology masters program at the University of Florida during 1978 to 1980, and received an A.B. in Biology from Brandeis University in 1978.
He is currently a director of the New York City chapter of the Association for Corporate Growth, and is a past Vice President-Private Equity. He has been chairman or a director of several private equity-sponsored small and medium-sized companies during the past 25 years, including LCA Holdings, Inc., Aerocare Holdings Inc., HCS Holdings, Inc., IRMC Holdings, Inc., CDI Holdings, Inc., LSF Holdings, Inc., Scandura Holdings Corporation, Daniel Products, Inc., and Taylor Medical, Inc.
A native of the Gulf Coast of Florida, Bill Kane has been married since 1990, and has twin daughters.