Role Overview for Operating Partner, Healthcare IT with a Growth Equity Fund – Raleigh, NC
JRG Partners is proud to partner with a premier, growth-oriented private equity fund specializing in transformative technology and services sectors. We are seeking a highly accomplished and operationally-focused Operating Partner to join their team in Raleigh, NC. This pivotal role is dedicated to the fund’s Healthcare Information Technology (Health IT) vertical, a sector ripe with opportunity for innovation and growth. The ideal candidate will be a former C-level executive (CEO, COO, President) from the Healthcare IT industry who possesses a deep understanding of scaling software and technology-enabled services businesses, combined with a proven track record of driving significant value creation within a private equity context.
As an Operating Partner, you will act as a strategic force multiplier, working hand-in-hand with the investment team and the leadership of portfolio companies. Your mission is to accelerate growth, optimize operations, and maximize returns across the Health IT portfolio. This is not a traditional consulting role; it requires a hands-on, roll-up-your-sleeves approach to leadership and problem-solving. You will be instrumental from the late stages of due diligence through the entire lifecycle of an investment, culminating in a successful exit. You will leverage your extensive industry network and deep domain expertise to identify and vet new investment opportunities, provide critical insights during the diligence process, and, most importantly, partner with management teams post-close to execute on ambitious value creation plans. The role offers a unique opportunity to shape the trajectory of multiple innovative companies and influence the future of healthcare technology innovation. Based in the vibrant Research Triangle Park area, you will be at the epicenter of one of the nation’s fastest-growing hubs for technology and life sciences.
Key Responsibilities of Operating Partner, Healthcare IT with a Growth Equity Fund – Raleigh, NC
The Operating Partner’s responsibilities are broad and dynamic, requiring a blend of strategic vision and tactical execution. You will be a trusted advisor and a catalyst for change, deeply involved in every aspect of the portfolio’s success.
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Investment Diligence & Strategy
Collaborate closely with the investment team to evaluate potential acquisitions. You will lead operational, technical, and commercial due diligence, assessing the target company’s product-market fit, technology stack, operational scalability, and management team capabilities. Your insights will be critical in shaping the investment thesis, identifying key risks, and developing the initial value creation roadmap.
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Post-Acquisition Value Creation & Execution
Immediately following an acquisition, you will spearhead the development and implementation of a 100-day plan. This involves working directly with portfolio company leadership to define strategic priorities, establish key performance indicators (KPIs), and launch critical initiatives. You will guide companies in areas such as go-to-market strategy, sales force effectiveness, product management, pricing optimization, and operational efficiency improvements.
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Executive Mentorship & Leadership Development
Serve as a coach and mentor to portfolio company CEOs and their executive teams. You will provide guidance on strategic challenges, organizational design, talent acquisition, and leadership development. Your experience in scaling businesses will be invaluable in helping these leaders navigate the complexities of rapid growth and market evolution.
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Board-Level Governance & Reporting
You will typically hold a board seat or a board observer role at multiple portfolio companies. In this capacity, you will help ensure strong corporate governance, hold management accountable for performance against the value creation plan, and facilitate clear and consistent communication between the company and the fund’s investment committee.
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Operational & Functional Expertise
Provide hands-on support for specific functional areas as needed. This could involve leading a strategic project, filling an interim leadership gap, or driving the integration of a bolt-on acquisition. You will be the go-to resource for best practices in software development lifecycle (SDLC), SaaS metrics, customer success, and building scalable infrastructure.
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Industry Thematic Sourcing & Thought Leadership
Leverage your deep industry knowledge and network to help the fund develop new investment themes and identify attractive sub-sectors within Healthcare IT. You will act as an ambassador for the fund, participating in industry conferences, publishing thought leadership pieces, and cultivating a network of executives and entrepreneurs who can serve as a source of proprietary deal flow and expert advisors.
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Exit Strategy & Preparation
As an investment matures, you will work with the deal team and management to prepare the company for a successful exit. This includes positioning the company strategically, optimizing financial performance, strengthening the management team, and preparing the necessary materials for a sale to a strategic acquirer or another financial sponsor.
Requirements for the Operating Partner, Healthcare IT with a Growth Equity Fund – Raleigh, NC
We are seeking a candidate with a rare combination of deep operational experience, financial acumen, and a passion for building great companies. The requirements for this role are rigorous and reflect its strategic importance.
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Executive Leadership Experience
A minimum of 15-20 years of professional experience, including a significant tenure in a C-level role (e.g., CEO, COO, President, General Manager) with full P&L responsibility for a Healthcare IT company or a significant business unit. Demonstrable experience scaling a business from a growth stage ($20M-$50M ARR) to a significant scale ($100M+ ARR) is essential.
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Private Equity Exposure
Prior experience working within a private equity-backed environment is mandatory. This could be as an Operating Partner, Executive-in-Residence (EIR), or as a C-level executive of a portfolio company. You must understand the pace, metrics, and governance model of a top-tier PE fund.
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Deep Domain Expertise in Healthcare IT
Extensive knowledge of the healthcare ecosystem and specific sub-sectors within Health IT is required. Experience in areas such as Electronic Health Records (EHR/EMR), Revenue Cycle Management (RCM), Telehealth, Patient Engagement, Payer/Provider solutions, Clinical Trial Management Systems (CTMS), or Life Sciences software is highly desirable.
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Proven Value Creation Track Record
A quantifiable track record of driving operational improvements and tangible enterprise value. You should be able to articulate specific examples of how you have improved revenue growth, expanded margins, executed successful M&A, and developed high-performing teams.
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Functional & Technical Acumen
Strong functional expertise across sales, marketing, product development, and finance. You should be fluent in the language of SaaS metrics (ARR, LTV, CAC, NRR) and have experience with modern technology stacks and product management frameworks.
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Educational & Personal Attributes
An undergraduate degree is required; an MBA from a top-tier institution is strongly preferred. Key personal attributes include a strong executive presence, exceptional communication and influencing skills, a data-driven and analytical mindset, a high level of integrity, and a collaborative, team-oriented approach.
Benefits & Perks Offered
Our client offers a highly attractive compensation and benefits package designed to attract and retain a world-class leader. This includes:
Competitive Compensation
A compelling package including a significant base salary, annual performance-based bonus, and a substantial carried interest component that provides a direct share in the success of the fund’s investments.
Comprehensive Health & Wellness
Premium medical, dental, and vision insurance plans for you and your dependents.
Retirement Savings
A robust 401(k) plan with a generous company match.
Professional Development
A dedicated budget for continuous learning, including executive coaching, industry conferences, and relevant certifications.
Generous Paid Time Off
A flexible and generous vacation and paid time off policy to ensure a healthy work-life balance.
Relocation Assistance
A comprehensive relocation package is available for the right candidate to move to the Raleigh, NC area.
Impactful Work
The opportunity to work alongside a brilliant team of investors and entrepreneurs to build market-leading companies that are fundamentally improving the healthcare industry.
How to Apply
This is a unique opportunity to leverage your operational expertise and industry knowledge in a high-impact, entrepreneurial setting. If you are a visionary leader with a history of creating exceptional value in the Healthcare IT space and meet the rigorous requirements outlined above, we encourage you to apply.
To be considered for this exclusive opportunity, please submit your resume and a cover letter detailing your relevant experience. JRG Partners is the exclusive search firm for this role. For more information about our expertise in this domain, please connect with JRG Partners’ private equity recruiting experts. We look forward to reviewing your application.
