Echo Health Ventures Welcomes Sonny Goyal as Partner
Kurt Sheline and Ryan Gillooly Promoted to Principals of Strategic Investment
DURHAM, N.C. – (March 14, 2018) – Echo Health Ventures (EHV), a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions to invest in innovative health care services and health care information technology companies, is pleased to announce that Sonny Goyal has joined the company as Partner. In this role, Sonny will provide corporate development leadership for Blue Cross NC and will be an important part of EHV’s strategic investment team.
"Sonny has deep experience across the health care industry and knows how to successfully work with many of its critical stakeholders,” said Echo Health Ventures CEO Rob Coppedge. “His role – with its complementary focus on strategic investment and corporate development – leverages his experience and creates a platform for him to engage deeply with and provide value to our parents and our portfolio companies.”
Prior to joining EHV, Sonny served as a Managing Director in the Corporate Strategy & Development Group at The Advisory Board Company spearheading acquisitions, strategic partnerships and new product launches. Sonny also worked in the Corporate Development Group at Highmark BlueCross BlueShield leading acquisitions in several areas of the company including insurance programs, health care services and HCIT. Sonny has over 15 years of experience in M&A and finance roles that include roles at Wells Fargo Securities and Merrill Lynch.
In addition to welcoming Sonny to the team, EHV is pleased to announce the promotions of Kurt Sheline and Ryan Gillooly to Principals of Strategic Investment. Both will continue to work closely with portfolio companies to drive all aspects of the investment and portfolio management process and will have increased responsibilities over leading efforts on strategic investments, recapitalizations, divestitures and acquisitions.
“Moving from the Associate into the Principal role is a major milestone for investors,” said Coppedge. “It signifies that they have proven their ability to source and execute exciting new investments. We couldn’t be more excited to have Kurt and Ryan join us at the Partners’ table as we build tomorrow’s great health care companies.”
Kurt joined EHV in 2017 from Cascadia Capital, where he worked closely with leadership teams in the life sciences, health care technology, and health care services industries. Prior to being a founding member of EHV in 2016, Ryan previously worked on a wide variety of transaction structures across the health care continuum at J.P. Morgan Securities and Mosaic Health Solutions.
ABOUT ECHO HEALTH VENTURES
Echo Health Ventures LLC invests to build and grow tomorrow's great health care companies. We invest across every stage and work with our portfolio companies to challenge and transform the health care system. As a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions, we work closely with our Parents to catalyze the development of our portfolio companies' and accelerate their innovations to scale nationally. Echo Health Ventures operates nationwide with offices in Seattle, Durham, N.C., and Portland, Ore. Follow us on Twitter @healthecho.