Debra Geihsler and Peter Dunn Join the SMC
Growth Capital Partners II Strategic Advisory Board

NEWS PROVIDED BY
Spring Mountain Capital
December 17, 2019

We are pleased to announce the appointment of Debra Geihlser and Peter Dunn to the SMC Growth Capital Partners II Strategic Advisory Board. Our partnership with Debra and Peter began during the time they were the Co-Founders and CEOs of Activate Healthcare, a former Fund II portfolio company.

We are excited about this new partnership and look forward to their contributions to further support our Fund II portfolio C-suite.


Debra Geihsler
Co-Founder, Activate Healthcare

With 35+ years of health care experience, managing health care organizations of all sizes, Debra Geihsler is well-versed in the needs of delivering excellent health care. Debra, along with an equal business partner, created Activate Healthcare from an idea to a national company. Activate Healthcare opened its first clinics in 2010. Since that time, Activate Healthcare continues to grow rapidly with 20 – 40% growth each year and having been listed four times on the Inc. 5000 as one of the fastest growing privately held organizations. The organization now has dozens of clinics and serves over 100,000 members. The organization has consistently lowered total healthcare costs by 10 to 25 percent, improved health outcomes for patients and provided a great new benefit for working members. Most recently Activate was identified by KLAS as the top organization in this service area by delivering excellence and customer satisfaction.

Prior to creating Activate Healthcare, Debra served as CEO/President of Harvard Vanguard Medical Group and Atrius Health System in Boston, Massachusetts. This combined organization consisted of more than 1100 providers and 40 locations and services.

With primary care physicians, 40+ specialty services, a retail pharmacy, laboratory services, surgical centers, cancer centers, diagnostic centers, dental services, and behavioral health care, the organization treated and managed more than 650,000 patients.

In addition, Debra has served as CEO of Advocate Medical Group in Chicago, Illinois where she led the creation of various employer-based on-site clinics. Her responsibilities included managing more than 400 physicians, 30+ clinical locations and ancillary services.

Debra’s proficient background enables her to effectively guide the development and operations of on-site clinics. Her experience also allows Activate Healthcare to help employers manage the full range of patient care. This unique perspective allows Activate Healthcare to both lower costs and improve the quality of resulting care across the full spectrum of health services.


Peter Dunn
Co-Founder, Activate Healthcare

Peter Dunn has 25+ years of CEO and general management experience and a strong track record of helping companies grow profitably.

Most recently Peter co-founded Activate Healthcare which provides primary care for the employees and family members within employers/organizations. Activate Healthcare was acquired recently by Paladina Health which is owned by a consortium of investors including NEA New Enterprise Associates (NEA), Oak HC/FT, Alta Partners, Greenspring Associates and other strategic investors. Spring Mountain Capital was the lead private equity investor in Activate Healthcare before this most recent transaction.

Prior to founding Activate Healthcare, Peter served as CEO for the Steak N Shake Restaurant Company (on the NYSE) and was the President of Borden Foods (a company owned by KKR).

Peter also served as a board member and Chairman of the Board of Feeding America (the nation’s foodbank network), which is the second largest not for profit organization in the U.S. Peter is currently serving as an Executive Fellow at the Center for Higher Ambition Leadership. This organization is a not for profit associated with faculty at Harvard Business School and Chalmers University in Sweden. It advances the practice of leadership based on the approach that organizations are most successful when they create both economic and social value. Member organization`s include Aetna, Becton Dickinson, Boston Scientific, Herman Miller and many others.

Peter is a graduate of Harvard College and the University of Virginia, Darden School of Business. Peter lives in Indianapolis, Indiana with his wife and has two children.



About Spring Mountain Capital

Founded in 2001 by John L. (“Launny”) Steffens and located in New York City, Spring Mountain Capital, LP (“SMC”) is a private investment management firm that focuses on alternative asset investing. Spring Mountain Capital’s Growth Equity Group provides expansion capital to enterprise software, technology-enabled services, and healthcare companies across North America. SMC leads investments in companies that may benefit from big wave tailwinds, fundamental market changes and paradigm shifts. For more information, please visit https://springmountaincapital.com/growth-equity/