David Holder currently serves as the Managing General Partner for Holder Capital Partners, a Southern California focused, early stage, consulting practice, accelerating healthcare companies in the delivery/services, healthcare information technologies, devices and diagnostics segments. Since 1980 David Holder has worked with and invested in nine early stage healthcare ventures and on average returned 6.9 times the invested capital for each deal. Each investment had an average life cycle of 43 months. In addition to it’s limited partner investments with Mission Ventures (outlined below) Holder Capital Partners has two current portfolio investments with one projecting liquidity in 2007 (currently valued at 7 times the invested capital).
From 1996 through 2001, Mr. Holder was a Founding Venture Partner at Mission Ventures where he helped raise its initial $63 million fund. During his tenure at Mission, a total of $288 million was raised in two funds. He continues to serve as the Healthcare Consultant to the Mission Ventures Partnership, having brought all five of the current healthcare investments of Mission to the partnership. David Holder will continue to serve as consultant to MV through 2006. In that capacity he represents Mission as an observer on two current boards and as a board member on another. David Holder will spend substantially all of his time on the business of HCP in addition to his obligations to MV.
Prior to Mission Ventures, Mr. Holder was instrumental in the founding and/or early stage development and funding of more than ten companies including Pyxis, acquired for $986 million by Cardinal Health; TheraTx, acquired for $680 million by Vencor (now known as Kindred Healthcare); Caremark, originally acquired for $575 million by Baxter and later by MedPartners; Pancretec, acquired for $58 million by Abbott; and EDiX, acquired for $30 million by IDX Corporation and later by Total eMed for $64 million. In 1995, Pyxis and TheraTx ranked number one and number two, respectively, on the “Inc. Magazine” list of the 100 fastest growing public companies. The approximate current market value of these investments far exceeds $5.8 billion.
Mr. Holder’s background also includes staff and line management responsibilities with two divisions of Baxter Laboratories, and as Director of Sales for the McGaw division of American Hospital Supply Corp. In addition, he held VP and General Management positions at Bergen Brunswig Medical (now AmerisourceBergen) and Caremark.
Mr. Holder has a bachelor’s degree in Business Administration from Delta State University in Cleveland, MS.
Jon D. Holder, General Partner
Jon D. Holder currently serves as General Partner for Holder Capital Partners, a Southern California focused, early stage, consulting practice, accelerating healthcare companies in the delivery/services, healthcare information technologies, devices and diagnostics segments.
Mr. Holder brings more than 11 years of deal flow generation, business plan screening and due diligence expertise as a Partner for Holder Capital Partners. He has been responsible for the initial screen and intelligence gathering on more than 4,000 business plans in the last five years. His areas of focus include healthcare information technology, healthcare delivery, and medical devices. Mr. Holder is also an expert in the implementation of technical solutions into clinical environments. Mr. Holder has operational expertise, both at an executive level and as a consultant in enterprise software applications, network infrastructure and sales/sales processes. As a Managing Director of HCP, Mr. Holder will continue to serve HCP and portfolio companies in these capacities.
From 1992 to 1998 Mr. Holder served as co-founder and provided operational and technical leadership to EDiX Corporation, a national leader in the digital healthcare information management business. 2003 revenues are estimated to be $135 million. Mr. Holder pioneered the highly efficient National Client Implementation Model at EDiX which is still in use today. Notable clients of EDiX, including HCA-The Healthcare Company, MedPartners and FPA Medical Management, originally used this model. He also contributed substantially in the design of the EDiX Technology that revolutionized the dictation/transcription industry and hired the original implementation management teams. EDiX was sold to IDX Corporation in 1998 for $30 million and in 2003 to Total eMed for $64 million.
Jon currently maintains his own IT consulting practice. He has unparalleled expertise in understanding existing and emerging technologies and quickly assessing viable investment opportunities. Jon has an in-depth understanding of physician practices, and is uniquely able to assess a physician’s ability to change behaviors and the appropriate incremental ways of doing so.
Jon participates in various networking organizations, including CalTech/MIT Forum and the Orange County Venture Group. Jon has developed and invested in five early stage companies ranging from pure Internet infrastructure to business inventory software solutions, including Pyxis, TheraTx and EDiX. Jon serves on the advisory board of one early stage company.
Jon Holder received a bachelor’s degree in History from UCLA in 1991.
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