Albaron Partners

Reach New Heights With Us

We are a team of entrepreneurs investing in and growing small businesses.

Albaron Partners is a private equity fund that focuses on acquiring and capitalizing small businesses in the healthcare, business services and energy sectors. Our mission is to provide a rewarding financial outcome for business owners. We are heavily involved operationally with the goal of building solid platforms for growth and scale over a long-term horizon.

Healthcare

Albaron’s tailored investment model can accommodate the unique goals of physicians selling their practice, whether it be their continued clinical involvement, retirement plans or efficient tax structuring.

We allow physician-owners to step back from day-to-day operations in order to focus on patient care and clinical management. We handle all support functions including customer acquisition, admin, billing, collections, technology and compliance.

Leveraging its extensive industry contacts and experience, Albaron helps medical practices increase revenue, expand geographically and move into adjacent verticals. We do so by delivering operational excellence while ensuring that the practice has a healthy flow of business. Some of our key initiatives include:

  • Back-office consolidation
  • Group purchasing
  • Advertisement & marketing events
  • Referral networks
  • Capitated networks
  • RCM & cross coding
  • Patient financing
  • Prompt-pay
  • Clinical research studies

Business Services

Albaron can assist owners of B2B organizations that are seeking:

  • Succession Planning – for founders and owners that are looking to sell their business for liquidity or estate reasons. We acquire all or a majority of the business and assist with management succession where appropriate.
  • Recapitalization – for owners that wish to access liquidity while retaining a majority of their business and continuing in an executive capacity.
  • Capital for Growth and Acquisitions – for owners that seek funds to expand their business or complete strategic acquisitions. We can assist with complex transactions, including the acquisition of “orphan” divisions of larger corporations or unprofitable assets.

We look for services businesses operating in the following verticals:

  • Healthcare information technology and other service providers to the healthcare industry
  • B2B software
  • Logistics and distribution
  • Environmental and engineering services
  • Real estate service providers
  • Technology-enabled educational services

Energy

Albaron provides a flexible approach to investments in the energy sector. We focus on all basins in North America, across upstream, midstream and downstream. We strive to form partnerships with high-growth companies that can withstand commodity price volatility.

Our investment mandate generally includes the following characteristics:

  • Company size: $0.1-10mm EBITDA
  • Investment Size: $5-50mm
  • Geography: Headquartered in the United States or Canada
  • Diligent, focused and invested management team
  • Strong vision for scale and platform growth
  • Acute focus on financial performance and budget management
  • Solid internal policies, controls and procedures.

Our Team

Investment Team

Alessio Baraldi

Partner

Alessio is a partner with Albaron, an executive director of Metro Vein Centers & Metro Vascular, and a non-executive director of Great Lakes Foot & Ankle Institute.

Prior to founding Albaron, Alessio spent twelve years as a venture capital and private equity professional at Blackstone, Warburg Pincus, and Morgan Stanley. In these roles he steered the strategic direction and supported the growth plans of companies in the healthcare, business services, and technology sectors.

A serial entrepreneur, Alessio has founded two other companies: Clearabee, a B2B logistics provider that reached $30 million of revenue in four years, and Evermore Nutrition, a healthcare services firm. In these ventures he generated substantial growth by applying innovative, data-driven technologies to improve go-to-market strategies and supply chain operations.

Alessio earned an MBA from The Wharton School at the University of Pennsylvania and a BSc in Finance and Management from Cass Business School in London and Bocconi in Milan.

Dmitri Ivanov

Partner

Dmitri is a partner with Albaron, an executive director of Metro Vein Centers & Metro Vascular, and a non-executive director of Great Lakes Foot & Ankle Institute.

Dmitri brings over fifteen years of experience in leadership roles in operations, business development, M&A, and management consulting. Dmitri worked in asset management and operations for Hersha Group, a family owned hospitality management company where he was responsible for a portfolio of hotels with revenue in excess of one billion dollars. He also headed finance and strategic planning for Starwood’s Le Meridien Hotels Group and directed the turnaround of Bliss, a chain of 40 spas that he drove back to growth and profitability. He started his career as a management consultant with Marakon Associates.

Dmitri is driven by opportunities to bring operational excellence to organizations of all sizes and help business owners create value in their companies. He has a deep appreciation for the day-to-day challenges of business owners, and is a board member and regular contributor to Knowledge@Wharton, an organization that helps entrepreneurs tackle everyday management challenges.

Dmitri earned an MBA from The Wharton School at the University of Pennsylvania, where he was a Paul Green Scholar, and a BSc in Computer Science and Economics from Odessa Polytechnic University.

Damian Dalla-Longa

Partner

Damian is a partner with Albaron and a non-executive director of Great Lakes Foot & Ankle Institute.

Prior to joining Albaron, Damian spent twelve years as an investment executive at Bain Capital and King Street Capital Management, two multi-billion dollar special-situation funds, in New York and Boston. He personally managed an aggregate ~$2.5Bn of investments across multiple sectors.

Damian is originally from Calgary, Canada and has an MBA and BSEcon from the Wharton School at the University of Pennsylvania.

Operating Partners

Dr. Ali Meslemani

Ali Meslemani, MD, is founder and Chief Medical Officer of Metro Vein Centers and Metro Vascular.
Dr. Meslemani completed his undergraduate studies in Biomedical Science at Western Michigan University and graduated as a Doctor of Medicine from Ross University of Medicine. He also has extensive post-graduate training at both KCM and Henry Ford Hospital’s Department of Surgery.
Dr. Meslemani holds memberships at various associations including the American College of Phlebology, The American Venous Forum, the American Medical Association, and the Society of Vascular Ultrasound.
During his general surgery residency, Dr. Meslemani published multiple papers focusing on improving laparoscopic surgical techniques. It was during his residency when he found his interest in Venous Diseases, leading him to open Metro Vein Centers. Under Dr. Meslemani’s leadership, Metro Vein Centers has grown to be a leading provider of varicose vein treatment across Michigan, Texas, New Jersey, and New York.

Dr. Stephen Frascone

Stephen Frascone, DPM, is founder, Chief Medical Officer and CEO of Great Lakes Foot and Ankle Institute as well as Albaron Podiatry.
Dr. Frascone helps his patients with a wide variety of foot problems from basic foot care to ankle and foot surgery. His specialty interests include endoscopic and arthroscopic procedures, elective reconstructive foot and ankle surgery, diabetic preventive care, and chronic wound management.
Dr. Frascone graduated with a bachelor’s degree from St. John’s University in Minnesota. He then completed his postgraduate medical training at the Des Moines University College of Podiatric Medicine and Surgery. He followed with a three-year surgical residency at St. John Hospital – North Shores. Dr. Frascone completed a fellowship in traumatology and reconstructive foot and ankle surgery at the University Clinic for Traumatology in Vienna, Austria.
Dr. Frascone is a diplomate of the American Board of Foot and Ankle Surgery and a fellow of the American College of Foot and Ankle Surgeons. He is also certified as a wound care specialist by the American Academy of Wound Management.

Our Companies

A chain of endovascular cath labs specializing in the treatment of PAD and other vascular conditions.

Metro Vascular operates several endovascular cath labs specializing in the treatment of peripheral arterial disease and other arterial and deep-vein conditions. The clinic provides in-depth evaluations such as non-invasive tests and angiography and surgical reconstruction as well as endovascular therapy.

metrovascularcenters.com

A chain of medical practices providing specialized treatments for varicose veins, spider veins, and other superficial venous conditions.

Metro Vein Centers operates fifteen vein centers in Michigan, Texas, New York and New Jersey that specialize in the treatment of venous insufficiency. Its board-certified physicians combine the latest technology and expertise to treat superficial vein conditions without the use of invasive surgery. Patients receive personalized care directly from accredited vein specialists, and treatments are office-based with little or no downtime.

metroveincenters.com

A chain of medical practices specializing in foot and ankle care.

Great Lakes Foot and Ankle Institute offers routine and surgical foot and ankle care to patients of all ages. With six locations in Chesterfield, Clinton Township, Fort Gratiot, East China Township, Shelby Township, and Rochester, Michigan the Company is one of the largest providers of podiatry services in the Midwest.

greatlakesfootandankle.com

A B2B logistics provider based in the U.K.

Clearabee is a provider of technology-enabled logistics solutions to the U.K. waste market. The Company completes thousands of collections every month all across the U.K., diverting over 90% of waste from landfill and offsetting all of the CO2 emissions from its vehicles.

clearabee.co.uk

Contact us

We welcome inquiries from company owners, physicians, business managers, intermediaries, accountants, legal advisors, corporate advisors, business appraisers, estate planners, private wealth managers, consultants, and industry experts.

Location

Albaron Partners, LP
251 East 51st Street
New York, NY 10022

Get in Touch

Alessio Baraldi
alessio@albaronpartners.com
Phone: (347) 470-4382

Dmitri Ivanov
dmitri@albaronpartners.com
Phone: (347) 470-4829