Companies · Other Health Care

Onex TSG/HPP Holdings Corp.

LAFAYETTE · Other Health Care

Diligence memoA one-page analyst read on Onex TSG/HPP Holdings Corp. — recommendation, valuation, rhythm, risks.
$117.1M
Total raised · real
2
Rounds
0.0×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Fri Nov 13 2015 00:00:00 GMT+0000 (Coordinated Universal Time)

Onex TSG/HPP Holdings Corp. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.02× the median modeled value of Series D+ Other Health Care companies in 2013–2015 (16 peers) — value vs value, same stage and era.
Dormant
  • Last raise 10.6 yr ago; this sector typically re-raises about every 14 months.
  • Silent for over 3× the sector's normal cadence.

Procedural diagnosis est. — rule-based common-sense checks over the filing pattern, issuer name, activity cadence, and surfaced operating evidence.

Issuer-vehicle patternmedium confidence

Onex TSG/HPP Holdings Corp. behaves more like a recurring private-offering issuer than a conventional venture-backed operating company.

Issuer structure
Company-like
No recurring-offering pattern strong enough to override normal financing interpretation.
Lifecycle
10.9 yr record
Peak capital year was 2015 with $117.1M across 2 filings.
Market position
ahead of 97% of Other Health Care peers
Capital scale is ahead of 97% of Other Health Care peers; modeled value is above 66% of peers by modeled value. Large capital with mid-pack modeled value can signal an issuer/program profile rather than operating-company growth.
Valuation reliability
Normal applicability
Stage/dilution valuation models are weakest when the issuer is broad-sector, recurring, or vehicle-like.
Operating evidence
Sparse
No clear CEO/founder/principal role is surfaced, so operating-company confidence is lower.
Data quality
Consistent
Canonical totals and visible filing detail are broadly aligned.
What triggered this
  • Legal name looks like an issuer vehicle rather than a product company.
  • No clearly named CEO/founder/principal role in the public records surfaced here.
  • No verified homepage on the profile yet.
  • Capital program peaked in 2015: $117.1M across 2 filings.
  • Largest single filing was $115.1M on 2015-08-24.
How to read the page
  • Read this less like a startup funding journey and more like a capital-raising program.
  • Stage-based valuation and peer labels have lower applicability for this pattern.
  • The more important signal is lifecycle: repeated filings ended years ago, so current activity needs outside confirmation.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Onex TSG/HPP Holdings Corp. is one of 5377 Other Health Care companies tracked from LAFAYETTE. By capital raised it ranks among the largest (ahead of 97% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeries D+ · 2015-08-24 Raised $115M (real) Modeled valuation $2.6B (est)$115M$2.6BSeries D+2015Series D+ · 2015-11-13 Raised $2.0M (real) Modeled valuation $46M (est)$2.0M$46MSeries D+2015+$2.0MCumulative $117M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$115.1M · 2015
Series D+ extension$2.0M · 2015

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$46.0M
Base estimate est.
$10.7M
Conservative case
$100.8M
Upside case
$16.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Series D+ · modeled $2.6B · 2015-08-242015Series D+ · modeled $46.0M · 2015-11-132015
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
80%
Survival probability
64% low · 88% high
1.23×/yr
Annual markup
1.38×/yr upside case
6.0 yr
Elapsed time used
10.6 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
3 mo
Avg between rounds
Capital velocity
10.9 yr
On record since
2015
First round
2
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 48× above median
This company$117.1M
Sector median$2.4M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.0× of median
This company$2.0M
Sector median$123.0M
Modeled value — vs sector median (estimate, all stages) 2.1× above median
This company$46.0M
Sector median$22.1M

Raised more than 97% of sector peers (real $). Modeled value above 66% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #14 of 16.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0B$10.0M$100.0M$1.0BCapital raised (log)Onex TSG Holdings Corp. · Series D+ Raised $336.0M · modeled $7.7B (est)BVO Holdings, LLC · Series D+ Raised $335.8M · modeled $7.7B (est)Mdp Hc Holdings, Llc · Series D+ Raised $310.1M · modeled $7.1B (est)Amsurg Corp · Series D+ Raised $270.9M · modeled $6.2B (est)Greatbatch, Inc. · Series D+ Raised $247.2M · modeled $5.7B (est)Hc Group Holdings Iii, Inc. · Series D+ Raised $144.3M · modeled $3.3B (est)Diplomat Pharmacy, Inc. · Series D+ Raised $140.0M · modeled $3.2B (est)Proteus Biomedical Inc · Series D+ Raised $162.4M · modeled $2.7B (est)Mmi Holdings Inc · Series D+ Raised $109.0M · modeled $2.5B (est)Evolent Health LLC · Series D+ Raised $221.3M · modeled $2.3B (est)BioScrip, Inc. · Series D+ Raised $172.5M · modeled $1.4B (est)Envision Rx Options Holdings, Inc. · Series D+ Raised $144.5M · modeled $80.0M (est)Onex TSG/HPP Holdings Corp. (this company) Raised $117.1M · modeled $46.0M (est)Onex TSG/HPP Holdings Corp.
CompanyStageRaised · realValue · estvs peer med.
Onex TSG Holdings Corp.Series D+$336.0M$7.7B2.94×
BVO Holdings, LLCSeries D+$335.8M$7.7B2.94×
Mdp Hc Holdings, LlcSeries D+$310.1M$7.1B2.71×
Amsurg CorpSeries D+$270.9M$6.2B2.37×
Greatbatch, Inc.Series D+$247.2M$5.7B2.16×
Hc Group Holdings Iii, Inc.Series D+$144.3M$3.3B1.26×
Diplomat Pharmacy, Inc.Series D+$140.0M$3.2B1.23×
Proteus Biomedical IncSeries D+$162.4M$2.7B1.05×
Mmi Holdings IncSeries D+$109.0M$2.5B0.95×
Evolent Health LLCSeries D+$221.3M$2.3B0.89×
BioScrip, Inc.Series D+$172.5M$1.4B0.55×
Envision Rx Options Holdings, Inc.Series D+$144.5M$80.0M0.03×
Onex TSG/HPP Holdings Corp. this companySeries D+$117.1M$46.0M0.02×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$115.1M2015-08-24$959.2M$2.6B90%
Series D+$2.0M2015-11-13$16.7M$46.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$115.1M2015-08-24
    • First recorded raise — entered as Series D+.
  2. Series D+$2.0M2015-11-13
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round 57.6× smaller than the prior — bridge or down round.
Intelligence
2016 ~Q1
Modeled next raise · ~3mo cadence
$2.0M
Modeled next size est.range $2.0M$3.2M
0.0×
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
THOMAS C. DOLAN3 other2015-08
Christopher C. Cotteleer1 other2015-08
Joseph A. Trunfio1 other2015-11
Joshua C. Hausman1 other2015-08
Lee C. White1 other2015-08
Richard C. D'Amaro1 other2015-08
Robert C. Le Blanc1 other2015-08
Ryan C. Domengeaux1 other2015-08
William C. Schumacher1 other2015-08
Charlene S. Frizzera2015-11
Jim S. Kelly2015-11
Mark S. Demilio2015-11
Registry & provenance

Onex TSG/HPP Holdings Corp. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1652018
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Onex TSG Holdings Corp.Other Health CareSeries D+$336.0M$7.7Bnetwork8 shared operators · same sector · same stage
ArcherDX, Inc.Other Health CareSeries C$115.1M$35.6Msame sector
Metabolon, IncOther Health CareSeries B$123.6M$42.1Msame sector
Specialists On Call, Inc.Other Health CareSeries B$131.7M$44.3Msame sector
Transenterix IncOther Health CareSeries C$72.2M$45.7Msame sector
Miach Orthopaedics Inc.Other Health CareSeries C$67.8M$44.0Msame sector
AccuVein Inc.Other Health CareSeries B$64.0M$53.5Msame sector
PrognomIQ, Inc.Other Health CareSeries B$56.2M$49.0Msame sector
Frequently asked
How much funding has Onex TSG/HPP Holdings Corp. raised?
Onex TSG/HPP Holdings Corp. has raised approximately $117.1M in disclosed capital across 2 recorded financing rounds, aggregated from public filings.
What is Onex TSG/HPP Holdings Corp.'s estimated valuation?
Provath's modeled valuation for Onex TSG/HPP Holdings Corp. is approximately $46.0M (modeled range $10.7M–$100.8M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Onex TSG/HPP Holdings Corp. at?
Onex TSG/HPP Holdings Corp.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Fri Nov 13.
What does Onex TSG/HPP Holdings Corp. do and where is it based?
Onex TSG/HPP Holdings Corp. operates in the Other Health Care sector, based in LAFAYETTE.
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