new york, 6 May 2026 /PRNewswire/ — Tortuga Growth Partners (TGP), a New York-based private investment firm specializing in buy-and-build strategies, today announced the strategic expansion of its healthcare vertical and the appointment of Michael O’Neill as an operating partner.
TGP focuses on healthcare technology services that address industry challenges related to persistent labor shortages, administrative complexity and increasing demand for value-based care delivery. These dynamics are creating inefficiencies in clinical and administrative workflows, particularly within fragmented, lower- to mid-market service providers. In this environment, TGP targets platforms embedded in these workflows, such as clinical education, revenue cycle automation and resource management solutions, where operational discipline and targeted add-on acquisitions can drive scale and create category-defining market leaders.
The firm’s approach combines thematic sourcing with direct founder engagement and a practical execution framework designed to generate attractive risk-adjusted returns by professionalizing essential “pockets of service” within the health care technology economy.
The appointment of Michael O’Neill reflects TGP’s strategy to combine its institutional investment capabilities with experienced industry operators. A serial entrepreneur and seasoned healthcare executive, O’Neill has more than 25 years of deep, practical operational experience and an extensive network developed through decades of association with leading health systems across the country. His background will support TGP in evaluating health care opportunities and growing portfolio companies.
“We are excited to partner with Michael as we continue to deploy capital in the healthcare technology sector,” said Ashray Prasad, Managing Member of Tortuga Growth Partners. “His rare combination of serial entrepreneurship, deep operational knowledge and networks within health systems will complement our disciplined buy-and-build approach and enhance our ability to scale platforms that solve critical industry hurdles.”
“TGP brings a thoughtful and execution-oriented approach to lower middle market investing,” said Michael O’Neill. “I have spent my career building and running companies at the intersection of technology and health care delivery, and I am excited to work with the TGP team to support the next generation of companies operating in critical areas of the health care ecosystem.”