Robert W. Monahan, MBA, CPA, CFA
Partner and Managing Director
Chicago
Email: robmonahan@trianglehca.com
cell: 312-391-9337
Rob is an experienced Mergers & Acquisitions professional with over 25 years of professional experience. Since 1994, he has specialized in healthcare M&A and advised on hundreds of transactions worth over $30 Billion ranging from $1 million pharmacy “File-Buy” transactions to $50 million regional IV chains to $1B+ public or PE deals. He has been a prolific dealmaker and leader of the Mergers & Acquisitions departments at Walgreens as Vice President of Mergers & Acquisitions for Walgreens Boots Alliance (a Fortune 25 Company), VP of Mergers & Acquisitions for Option Care, Inc. (leader in home infusion therapy and Specialty Pharmacy), as Director of M&A for Omnicare, Inc, (the nation’s leading LTC Pharmacy which was acquired by CVS Healthcare) and as a principal investor for Lake Capital (Private Equity). He developed his consulting and advisory skills at Deloitte where he was a leader on the Healthcare team of Deloitte’s Financial Advisory Services Group. He started his career as a Corporate Finance Analyst at Lehman Brothers (a leading investment bank on Wall Street). Rob also is a skilled appraiser and healthcare valuation expert with assignments completed for SEC, strategic, regulatory, Litigation, and tax purposes. Rob earned his BA and MBA at the University of Chicago, is a licensed CPA in the state of Illinois, and holds the right to use the Chartered Financial Analyst® designation.
Dan Bramuchi, MBA
Partner and Managing Director
Chicago
Email: danbramuchi@trianglehca.com
cell: 847-275-9583
Dan has over 35 years of experience in the healthcare industry with an unparalleled knowledge of the business of healthcare services. He completed over 40 transactions worth in excess of $500 million. He has held senior level positions in pharmacy, home care/hospice, home infusion, respiratory therapy / durable medical equipment, and pharma. He has extensive experience in business operations, sales & marketing and business development with both public and private companies. Dan also has been a successful entrepreneur as an owner and head of sales for Ultracare, a leading Chicago-area RT/DME and Home Infusion Therapy business, that was successfully sold at a premium and now owned by Option Care. Dan’s corporate roles ranged from SVP of Business Development and Head of Sales and Operations for Option Care and M&A Project Leader for Home Infusion and Specialty Pharmacy at Walgreens. Dan has years of direct operational experience as the Executive Director of a Hospice and GM for Caremark’s Home Infusion branch in Chicago. Dan also has several years of experience as Managing Director for a Mergers & Acquisition advisory firm brokering healthcare transaction. Dan has the broad range of experience and business acumen to analyze and improve any healthcare service business. Dan earned his MBA from Northwestern University’s Kellogg School of Business and an undergraduate degree in Accounting.
Chuck Gaetano
Partner and Managing Director
Atlanta
Email: chuckgaetano@trianglehca.com
cell: 678-895-6731
work: 770-992-9681
Chuck Gaetano is an award-winning and experienced Mergers & Acquisitions Advisor with over 35 years of professional experience. Since 2001, he has specialized in healthcare M&A Advisory, with emphasis on Home Infusion Therapy, Specialty Pharmacy and Retail Pharmacy. Chuck has advised on more than 100 completed healthcare transactions worth over $1 Billion. In 2009, Chuck was named “Middle Market Dealmaker of the Year” by M&A Advisor ™ at a New York Gala. He also was awarded Healthcare Deal of the Year Award 2005 & 2006 by the same group. Dexter Braff of the Braff Group was quoted in a 2009 National Home Infusion Association "Members in the News" release saying. “Since joining our firm in 2001, he has been our most prolific deal maker, completing nearly 50 transactions with a combined value of nearly $340 million. Moreover, he has proven to be an extremely tenacious and patient advisor, qualities that have served our clients well.” Chuck has an extensive list of completed transactions. Chuck was also the CEO and founder of Home Medical Systems and Kids Medical Club and later served as Senior Vice President of Development for Pediatric Services of America. Early in his career, he was a Director of Respiratory Therapy at Professional Medical Systems and Henrietta Egleston Hospital for Children in Atlanta. He earned his BS at Grove City College where he was a student-athlete and Academic All-American.
Gary W. Kadlec
Managing Director
Detroit
Email: garykadlec@trianglehca.com
Tel: 844-842-7767 ext. 7
With a long and illustrious career in pharmacy as a Corporate Executive, Entrepreneur, Educator and long-time Board Member and Past President of the American Pharmacists Association, Gary Kadlec has a wealth of experience and is a significant resource in the Specialty Pharmacy, LTC Pharmacy, and Retail Pharmacy industries. Gary has been involved in dozens of mergers and acquisitions transactions both as a corporate executive at Diplomat and Omnicare and as an entrepreneur selling his company. From 2012 to 2016, Gary Kadlec served as President and a member of the board of Diplomat Pharmacy (ticker: DPLO), overseeing the largest independent Specialty Pharmacy in the U.S. and leading in the company’s IPO. Prior to this, Gary had a long and distinguished career at Omnicare for nearly 16 years including serving from 2007 to 2011 as Chief Executive Officer of Omnicare’s excelleRx division, a provider of pharmacy services to hospices, and four years as Senior Regional Vice President of a region encompassing more than one third of the country. Prior to this Gary founded and ran the largest provider of pharmaceuticals to long-term care institutions in Michigan, Specialized Pharmacy Services, which he sold to Omnicare in a successful transaction. Most recently Gary served as a Fellow at Harvard University in their Advanced Leadership Initiative. As a part of this prestigious group, Gary provided his talent to help solve significant social problems, including those affecting health and welfare, children and the environment, and focus on community and public service. Gary received an Honorary Doctor of Science from Ferris State University, an MBA from Michigan State University – Eli Broad College of Business, and a BS in Pharmacy from Ferris State College School of Pharmacy.
Rick J. Hans, MS Engineering, MBA, CFA
Managing Director
Chicago
Email: rickhans@trianglehca.com
cell: 847-691-6578
As Vice President of Investor Relations and Finance at Walgreen Company, Rick Hans was recognized by the prestigious Institutional Investor magazine as the Best Investor Relations Professional in the Retailing / Food & Drug Chain sector in 2012 and 2013 based on voting by Wall Street’s investor and analyst community. Most recently, Rick served as Executive Vice President and Chief Financial Officer of Fred’s, a publicly traded, $2 billion operator of more than 600 pharmacy/general merchandise stores. With a strong knowledge of pharmacy, retailing, and finance, Rick has the` unique ability to analyze, present and communicate financial results clearly and articulately and cuts through the noise to get to the essence of the message. Over a 25-year career, Rick became an indispensable part of the financial leadership of Walgreens, providing his insight and guidance to senior leadership and the Board of Directors on significant matters including Mergers & Acquisitions, Financings, and Strategic Initiatives. Rick has substantial expertise in treasury, accounting, financial controls and compliance, M&A, governance, investor relations, risk management, and retail real estate. He also served as Trustee of Walgreens Profit Sharing Plan, with more than $2 billion in assets, and a Director on the Board of the Walgreen Benefit Fund. While in Real Estate at Walgreens, Rick managed the development, including site selection and lease negotiation, of over 250 retail drugstores totaling more than $1 billion in value. He also negotiated sale-leaseback packages totaling over $200 million. Rick holds a Master of Business Administration degree, with a concentration in finance, from the University of Notre Dame. He graduated from the University of Texas at Austin with a Master of Science degree in Material Science and Engineering, and from the University of Wisconsin with a Bachelor of Science in Geology. Rick is also a CFA charterholder.
John J. Canavan, MBA
Managing Director
Myrtle Beach, SC / Buffalo, NY
Email: johncanavan@trianglehca.com
cell: 716-228-2674
A recognized healthcare expert, John served on the Board of Directors of Health Now (dba Blue Cross and Blue Shield of Western New York) from 2006 to 2018 including serving as the Finance Committee Chair and as Chairman of the Board. John is an experienced Merger & Acquisition professional with over 30 years of professional experience. Since 1985, he focused on M&A, Corporate Development and Strategic Financial Advisory, completing over eighty transactions worth nearly $1 billion, both as an M&A Advisor and leading corporate development teams within public companies, including the active M&A department of Omnicare, Inc. (currently a CVS Company). His transactions range from $1 million pharmacy “File-Buy” transactions to $50 million regional chains. He has bought and sold companies from Private Equity, Corporate Entities and Not-for-Profit healthcare systems. He spent many years as an independent consultant advising clients on financial and strategic matters. John began his career as a CPA in public accounting as an auditor at Deloitte & Touche. John earned his BA at Drexel University and MBA at Rutgers University.
Jim Joustra, MBA
Managing Director
Orlando
Email: jimjoustra@trianglehca.com
Cell: 407-271-3470
With more than 30 years of professional experience, Jim is an experienced Mergers & Acquisitions professional, and senior operations executive at Fortune 500 Companies including Walgreens and Bristol Myers Squibb, as well as various start-ups. Jim served as Director of Mergers & Acquisitions at Walgreens for nearly a decade, working on approximately $30 Billion in transactions (acquired and divested companies) and leading integration efforts that achieved more than $2 Billion in synergies. He is the founder and president of Verkenner, LLC, a company that facilitates the adoption of new technology in the U.S. healthcare market. Jim holds a B.S. degree from Virginia Military Institute, MBA from Niagara University, and is a graduate of the U.S. Army Command & General Staff College. Jim serves as a board member for VMI, LocatorX and a number of philanthropic organizations. He is a retired United States Army, Corps of Engineers officer with successful commands in both combat and civil works roles and a member of the Military Officers Association of America and The Association of the United States Army.
Jorge M. Soltero
Managing Director
San Juan, Puerto Rico
Email: jorgesoltero@trianglehca.com
Cell: 787-963-6764
Jorge is a capital markets executive with over 20 years of US and international trading and risk management experience working for elite international investment banks including Bank of America Merrill Lynch (BAML), Goldman Sachs, and UBS. He began his trading career in 1994 at the Chicago Mercantile Exchange in the currency and Eurodollar options pits. Since then, and for the past 20+ years, Jorge has been a trader and desk head for a variety of Equity and Fixed Income products for firms in Chicago, San Francisco, New York, and London. Most recently, Jorge served as Managing Director at Noble Bank International (NBI), in San Juan, PR, heading up Business Development and Strategy. In addition to his work with clients, Jorge also spent considerable time working on NBI’s regulatory affairs with Puerto Rico’s Office of the Commissioner of Financial Institutions. Jorge was a Director at Bank of America Merrill Lynch where he spent 10 years, most of that time in London, running the EMEA Delta 1 Trading and Sales desk. This involved trading, marketing, and managing risk on a product portfolio of Equity Index Swaps, Futures, and Exchange Traded Funds as well as supervising a team of traders and marketers. He held similar roles at Goldman Sachs and UBS. Jorge presently serves as an Advisor at Elefant Markets and Triangle HCA, both financial services firms. Since 2017 he also serves as a Mentor for Grupo Guayacán’s Venture Accelerator program. Jorge holds an AB in Philosophy from The University of Chicago. He has maintained his relationship with the University and has served on the Advisory Council for the College and is presently a member of the UChicago Alumni Schools Committee. Jorge is a Rugby Union enthusiast and has coached youth rugby for the past 9 years.
Brett Blue
Chicago
Senior Director
Email: brettblue@trianglehca.com
Cell: 312-498-9908
Brett is a specialist in Retail Pharmacy transactions. He was Regional Manager of Pharmacy Acquisitions for Walgreens and completed more than 50 transactions generating nearly $100 million of revenue. For the bulk of his nearly 25 year career, Brett has been in the corporate offices of major Pharmacy and PBM services organizations, with significant tenure at Walgreens and Prime Therapeutics. In addition to his M&A role, Brett was a Regional Sales Director for Walgreens where he represented Walgreens whole product line including Specialty, Mail and Retail Pharmacy. Brett enjoys helping his clients maximize their opportunity when they sell their pharmacy. Brett earned a Bachelor of Arts Degree in Political Science from the University of Illinois at Champaign-Urbana.
Scott Burkoth, MBA
Strategic Advisor
Chicago
Email: scottburkoth@trianglehca.com
Cell: 847-212-4611
Scott is an experienced dealmaker in the retail pharmacy sector spending over a decade of his time on the Mergers & Acquisitions team at Walgreens Boots Alliance. He has held strategic roles in site selection and business development and led an executive team focused on cost control and optimization of under performing store locations. His M&A transactions focused largely on independent retail pharmacy acquisitions including individual locations and regional chains. He has bought and sold nearly 200 companies for in excess of $150 million from individual owners, national chain operations, bankruptcy processes, and national grocers. Scott intimately knows what strategic and financial buyers are looking for and how this impacts the valuation, deal structuring and contract terms. Scott earned his BA at Eastern Illinois University and his MBA at Northern Illinois University.
