MERCER ISLAND, Wash.—Liberty Dialysis LLC has raised an undisclosed amount of new private equity funding. KRG Capital Partners led the round, and was joined by return backers Bain Capital Ventures and Ignition Partners.
“KRG’s investment in Liberty, along with the continued support of Bain Capital Ventures and Ignition Partners, brings experience and resources in our industry sector to help us expand our product offering, support our existing growth and build new relationships,” said Mark Caputo, co-founder and CEO of Liberty.
Liberty Dialysis operates more than 100 dialysis clinics throughout the country. Liberty is the sixth platform company for KRG’s $1.96 billion Fund IV. Current investors Bain Capital Ventures and Ignition Partners are participating in the investment alongside KRG.
“We are very excited to be partnering with Bain Capital Ventures, Ignition Partners and the management team at Liberty to support the growth of this great company,” said Mark King, co-founder, and managing director of KRG Capital. “We believe Liberty is uniquely positioned, through its partnerships with nephrologists and hospitals, to provide end-stage renal disease (ESRD) patients with optimal healthcare through active participation of both patients and caregivers.”
