David Holder - Testimonials

“I have known David since 1990, as a co-founder of three companies that Galen invested in --- Pyxis, TheraTx and EDiX. Our collective return on these investments surpasses our average fund returns, one of them, Pyxis, is among the top 3 investments Galen has made over the last dozen years.

… David Holder ’s “Golden Rolodex” of contacts in the healthcare arena especially impresses me. I am thankful for his ability to reach the appropriate resource with one or, at most, two phone calls.

David Holder has an extraordinary ability to see healthcare trends…[and] has been right more often than not. His devotion to healthcare and the industry is to be lauded, particularly in the boardroom where he actively engages and challenges management…[He} has superior ability to make the “right” customer introductions and to provide guidance and feedback to the management teams of portfolio companies outside the boardroom.

I seriously consider his recommendations when he brings opportunities to my attention.”

John Wilkerson
General Partner, Galen Ventures
Venture Capitalist, Co-Investor and Board Member


“I first met David Holder when he joined Caremark (originally Home
Health Care of America) in its very early formative days…[As] Vice-President of Sales…David… delivered the results,…brought great wisdom and experience…and offered key leadership that helped build a very successful company.

After…Caremark, David and I… [teamed] up informally to become angel investors in new health care companies. The first such venture we backed was a concept that became Pyxis Corporation... [which] had been rejected by every venture firm to which it had been shown. David and I were believers…and we invested our time and money. Serving as an initial board member, David brought great vision to Pyxis. His understanding of the hospital market…[was] a tremendous resource.

David has accomplished much in his long health care career. He has been successful in operating roles, investing roles, and board advisory roles. Along the way he has earned the respect of his peers. David will continue to be successful. His tenacity is unmatched, his ability to evaluate people is impressive, and his insights into the market make it seem like he can “see around corners’. David combines all this with a strong work ethic and a personal integrity that will give prospective limited partners great confidence and comfort.”

 

 

 

Dick Allen
Dima Ventures
Co-Founder Caremark, Co-Investor and
Board Member


“I have known David Holder for 25 years…[during which] he has been my boss, a board member and an advisory board member. In every case, David has been an invaluable [asset] in helping me and my teams’ succeed. David has an uncanny ability to sniff out great business opportunities…and put together winning combinations of managers. This is particularly evident with the enormous success of Caremark, Pyxis and TheraTx, [in each] of which David was a key founder…

David is a great team player and was an outstanding board member,…instrumental in my role at TheraTx and now as an Advisory Board member at MedAssets. David is blessed with remarkable instincts around people and markets. In 1995, Pyxis and TheraTx, the top two companies on the Inc. Magazine 500 List, boasted David…as their founding investor.

I consider David to be a good friend and outstanding businessman…”

   
John A. Bardis
Chairman, President and CEO, MedAssets, Inc.
Former CEO, TheraTx Inc

 


“I have known David Holder for over 20 years - primarily in various business relationships… I have also observed his son Jon over the past 10 years in various business settings. First, with respect to their integrity, character and forthrightness…both conduct their personal and business life at the highest level…David is also an excellent and timely communicator. I first met David at Home Health Care of America (Caremark) [and]I believe he had much to do with creating [its] substantial value…Subsequently, I was either involved directly or observed him closely in Pyxis, TheraTx and EdiX and know that he consistently brought forward creative ideas and strategic relationships to each of these companies. I believe his strength is in identifying and assessing opportunities…which makes him ideally suited to locating and assessing business opportunities for his newly proposed venture company…Jon has demonstrated an ability to apply rigorous analytical assessments to any proposed deal…In summary, I believe David and his [team] have the necessary skills and abilities to be successful with HCP.”

 

 

 

Tom Testman
Former Managing Partner
Ernst & Young LLP
(Retired)

 


“ David Holder [and I] have collaborated on numerous business endeavors and initiatives for over twenty years. David has a wealth of knowledge about the healthcare industry…, early stage …investing and the Southern California healthcare environment.

David’s personal network…is unsurpassed…[and he] has been an invaluable resource for me when I have been recruiting individuals to companies, looking for resources for projects, or in need of advice for a specific business or project…

I have worked with David to start a healthcare company, (AccentCare, Inc), build and sell a company (CarePartners, Inc.) and to evaluate numerous healthcare business opportunities…

David’s sense of timing and market opportunity on early stage investments is quite extraordinary…”

 

 

 

Robert A. Prosek
Founding Chairman and Former CEO Accentcare
Entrepreneur and Former Co-Investor


 


“ I am more than happy to go on record as saying that David Holder is an individual who has a wealth of experience in the healthcare industry with a proven track record of selecting the right healthcare companies in which to invest. His vast healthcare experience and strong desire to help wherever possible has also enabled these companies to reach their full potential.”

 

 

 

Terrence J. Mulligan
Group Vice President (Ret.) Baxter International
Entrepreneur and Current Board Member

.

…I have had the opportunity to work with David in healthcare and other arenas, and have observed him in a variety of capacities. In the late 1980’s David recognized the value of our technology and wrote the first check for Pyxis Corporation. Pyxis was one of the most successful med-tech startups of all time. The company subsequently went public in 1992 and was sold to Cardinal Healthcare in 1996 for just under one billion dollars. Today Pyxis represents approximately $8 billion of Cardinal’s portfolio.

David has unselfishly donated his time and effort to planning and organizing highly successful ventures and venture funds as well as various fundraising events for business and other charitable organizations. His investment savvy as well as his extensive entrepreneurial background has made him an invaluable asset to many organizations over the years … David is also innovative and creative …He willingly takes the time needed to help an investor understand a concept, and is there to reinforce the learning if necessary.

 

 

 

Peter McLaughlin
Founding Technologist
Pyxis Corporation

 


“I would personally like to acknowledge David Holder and his strong, insightful and consistent influence that he has had on…DispenseSource…and me personally.”

…I would describe David as a keen observer of all major aspects of what it takes to be a successful company in today’s challenging environment…[He} is constantly focused on the “quantitative and compelling value proposition….and is relentless…in fine-tuning this message…He is an “operator” at heart…[and] is always focused on the right [strategic] partnerships [that will] propel the company to greatness faster. David is our most involved and valuable board member…

…I [give] a strong vote of confidence that David will drive his new venture fund to success.”

 

 

 

Doug Antone
President and CEO, DispenseSource Inc.
Current Portfolio Company

 


“It is my pleasure to recommend David Holder of Holder Capital Partners…As the new CEO of Medquist…I was…the [number one] competitor of…EDiX, and watched father and son perform and execute brilliantly. I currently sit with David on an advisory board and am fascinated by his quick mind and probing questions. There is no doubt in my mind that this fund is “poised for greatness.”

 

 

 

R. Timothy Stack
Former President and CEO, MedQuist Inc.
Former Competitor

 


"David has an exceptional track record of building successful companies. Having worked with David over the past 3 years, I have come to realize why. David has great insights into the healthcare marketplace and has a unique ability to find and develop strong executives to lead these companies."

 

 

 

Jeremy Glazer
Partner, Cooley Godward LLP
Legal Counsel

 


David Holder and I have a relationship that started in 1978 at McGaw Laboratories (Division of American Hospital Supply). Two years later, we worked together during the formative days of Home Health Care of America (CAREMARK). Since then, we have been co-investors and have done “due-diligence” together on a number of projects.

Although David has many gifts, he is blessed with a compelling wisdom that is a very unique blend of his education, training and experience. This wisdom allows him to “look over the horizon” well beyond most strategic thinkers into insights that are demonstrated through his “due diligence” process and questions …I appreciate David’s commitment to “dig in” with a vigorous and dynamic work ethic that is …persuasive.

 
Tom H. Yankoff
Former co-worker and co-investor
Integrated Behavioral Health


 
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