Mark Mitchell is a Managing Partner and Co-Founder of Lorient. Mark previously founded and served as CEO of U.S. Medical Management (USMM), a provider of an integrated continuum of home based healthcare services to vulnerable patients across the United States. Over 20 years, Mark grew USMM from a single practice location into a diversified healthcare enterprise spanning nine service lines, two thousand employees, fourteen states, and serving over 50,000 patients annually. In 2014, Mark sold a majority interest in USMM to Centene Corporation, a Fortune 200 Medicaid HMO, at an enterprise value of $325 million. Mark has owned and invested in over twenty companies across multiple industries and draws on over thirty-five years of entrepreneurial business experience to create value in the Lorient portfolio. Mark attended the University of Detroit where he studied Finance and Economics.
David Berman is a Managing Partner and Co-Founder of Lorient. Prior to starting Lorient, David was a member of the executive team at USMM, focused on strategy and development. At USMM, David created and served as CEO of USMM Accountable Care Partners, an Accountable Care Organization managing over 30,000 high-risk Medicare beneficiaries. The USMM ACO saved CMS $15.1 million in its first year with the program, and over $44 million in its second year, ranking 4th out of 432 ACOs nationally. In addition, David was responsible for the integration of Centene’s acquisition of USMM, including building out seven new states and launching shared savings initiatives with multiple health plans. Prior to joining USMM, David was an investment banker with B.C. Ziegler & Co. where he advised healthcare technology and services companies on various strategic and financial alternatives, most notably the sale of USMM to Centene (NYSE:CNC) in December 2013 for $325 million. David began his career at J.P. Morgan. David holds a Bachelor of Science in Finance from the University of Maryland.
Jordan Broome is a Partner at Lorient. Prior to joining Lorient, Jordan served as VP of Corporate Development with Almost Family (NASDAQ: AFAM), a national home healthcare company. Before joining AFAM, Jordan acted as CFO with Home Care by Black Stone where he led the restructuring and ultimate sale of the Company to AFAM. Prior to joining Black Stone, Jordan was an investment banker with B.C. Ziegler & Co. where he advised healthcare technology and services companies on various strategic and financial alternatives. Jordan began his career at PriceWaterhouseCoopers, where he provided buy-side financial due diligence and restructuring advisory services across a range of industries. Over his career, Jordan has directly advised on over 50 M&A transactions representing over $2bn in enterprise value. Jordan is a Certified Public Accountant and holds a Bachelor of Science in Accounting and Finance from Ithaca College.
Brian Rath is a Partner at Lorient. Previously, he was a Partner at Walthausen & Co., a $1.5 billion investment management company. He oversaw the firm’s healthcare investment strategy, focused primarily on small to mid-cap U.S. equities with a value-driven approach. Prior to that, Brian was an investment banker at B.C. Ziegler & Co. He advised companies on M&A and capital raising transactions across a wide spectrum of healthcare subsectors including physician practices, ambulatory surgery centers, telemedicine, population health management, post-acute care, revenue cycle management and healthcare information technology. Brian started his career at Churchill Capital as a research analyst, covering risk-arbitrage strategies for U.S. and international hedge funds. Brian graduated from the University at Albany with a Bachelor of Science in Financial Analysis and Economics (with honors). He also is a Chartered Financial Analyst (CFA).
David Vermiglio is the Chief Financial Officer at Lorient. Previously, he was the Vice President of Finance at Huron Capital Partners, a lower middle market private equity firm. While at Huron he was responsible for the firm’s accounting, tax and financial reporting functions. Prior to that, David was a tax manager at Plante & Moran, a public accounting firm where he focused on both partnership taxation and private equity owned clients. David is a Certified Public Accountant and holds a Master of Science in Accountancy and a Bachelor of Business Administration from Loyola University – Chicago.
Josh Burrows is a Principal at Lorient. Prior to joining Lorient, Josh was a Senior Analyst with Blackford Capital, focused on execution of all aspects of the private equity process. As a member of the Portfolio Company Operations Team, he partnered with portfolio companies and their management teams from the due diligence process through the exit to help promote growth, efficiency, and the overall success of the business. Prior to working for Blackford Capital, Josh played professional hockey in North America and Sweden while simultaneously owning and operating Champion’s Edge Hockey Training LLC. Josh graduated Magna Cum Laude from the University of Vermont with a Bachelor of Science in Business Administration, focusing in Finance, and an Economics Minor. He played NCAA Division I ice hockey while at UVM and appeared in the Frozen Four National Championship.
Doug Shinkle is a Senior Associate at Lorient. Prior to joining Lorient, Doug was an Associate with Quarton International, a middle market investment bank specializing in M&A advisory. Over his career, Doug has worked on over 20 transactions focusing on all aspects of the M&A process, from the preparation and analysis of valuation and marketing materials to due diligence process management. Doug worked directly with the CEO, CFO and executive management teams to develop forecasts, as well as strategic, operational and growth initiatives. Prior to working for Quarton International, Doug was an Associate in the Transaction Advisory Group at Ducker Worldwide, a management consultant to Fortune 500 companies. There he provided buy-side financial due diligence and sell-side M&A advisory across a range of industries. Doug holds a Bachelor of Arts in Economics and East Asian Studies from Denison University.
Robert Radlich is an Associate at Lorient. Prior to joining Lorient, Robert was an Analyst at Doeren Mayhew Capital Advisors, focused on buy and sell-side M&A advisory, as well as debt placements, across a wide range of industries. Prior to joining Doeren Mayhew Capital Advisors, Robert was a Senior Financial Analyst at Ford Motor Company in the Finance Leadership Development Program, where he rotated through a variety of financial / operating roles. Robert holds a MBA and Bachelor of Business Administration in Finance from the University of Detroit Mercy, where he was a member of the Division 1 Cross Country / Track Program.
Erik Wittbold is an Associate at Lorient. Prior to joining Lorient, Erik was an Analyst then Associate with P&M Corporate Finance (PMCF), a middle market investment bank and affiliate of Plante Moran. During his time at PMCF, Erik participated in numerous buy and sell-side M&A advisory engagements. Prior to PMCF, Erik worked at Private Equity firm ValStone Partners. Erik graduated with honors from the Eli Broad College of Business at Michigan State University and holds a Bachelor of Arts in Finance.
James Thorton is a Business Development Associate at Lorient. Prior to joining Lorient, James served as COO and co-founder of start-up in the tech sector where he oversaw all areas of business development, marketing, and operations. James also worked in a number of business development roles within the automotive sector in the greater Detroit area. James graduated from the Ilitch School of Business at Wayne State University with degrees in Marketing and Business Management and is currently pursuing his MBA with a focus on Accounting and Finance.
Jennifer Higham is an Executive Assistant at Lorient.
Emily Kotula is an Executive Assistant at Lorient.