Episode #24: Building Healthcare Platforms That Scale w/ Mark Gormley of Lee Equity Partners
Description
In this episode of The LAB: Value Creation in Private Equity, Scott and Nick sit down with Mark Gormley, Founding Partner at Lee Equity Partners, to discuss how private equity can build lasting value in healthcare services.
Mark walks through his background in financial services and his 25+ years investing in healthcare, offering an inside look at how Lee Equity approaches physician practice management (PPM) and healthcare roll-ups.
The conversation dives into Solaris Health, one of Lee Equity’s standout success stories, exploring what made it work when so many PPM deals fail to scale.
The episode breaks down:
Why PPM roll-ups are among the hardest in private equity
How Lee Equity built Solaris into a national urology leader with 800+ providers
The balance between integration and physician autonomy
Lessons from cross-pollinating leaders and best practices across portfolio companies
It’s a masterclass in how to build a real business, not just aggregate EBITDA.




