Our Partnership

Titan Grove has created Exela Health, in partnership with healthcare industry veteran Dr. Stephen J. McCormack. Exela Health is focused on acquiring sustainable businesses which can more effectively provide specialized treatment and first class standard of care in the constantly evolving healthcare industry. Exela Health will operate in the nexus of health and wellness seeking to acquire platform enterprises in the following industries:

  1. Specialized Healthcare Services
  2. Diagnostics & Prevention
  3. Medical Device Manufacturing

Exela Health combines Titan Grove’s permanent, flexible capital base with a proven operating partner with deep healthcare industry experience. Our collective expertise creates a powerful combination that provides companies with a unique alternative to traditional forms of private equity capital.

  • Broad healthcare industry experience in patient treatment, industry consolidations and medical devices
  • Flexible capital that can move with speed and certainty Long term value-creation mandate through our permanent capital base
  • Ongoing access to capital over an extended time period
  • Substantial expertise with family owned businesses and generational transitions
  • Relationship with Fir Tree Partners providing access to world class resources


The name Exela constitutes excellence in all aspects of health, finance, growth and management. Exela is a derivative of the English word “excel” or of the original Latin word “excellere” the meaning of which is to surpass in accomplishment or achievement.

At Exela Health, we believe that we can provide better solutions to healthcare challenges, leading to longer and more productive lives. This will be brought about by developing long term, sustainable growth companies in services, technology and manufacturing in the health and wellness sector.