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Scott Tudor and Joe Schiesl Announced Managing Partners
Former UHS executive joins the firm's growing Healthcare practice
January, 2008 | Minneapolis

TripleTree is pleased to announce the promotion of Scott B. Tudor from Partner to Managing Partner and to welcome Joseph P. Schiesl to the firm.

Scott Tudor joined TripleTree in 1998 and has been a leader of the firm’s growing healthcare practice ever since.  During his tenure he has worked on over forty transactions with primary emphasis on IT Outsourcing & Managed Services and Healthcare IT.  “Scott is a great example of someone advancing through the ranks of TripleTree through a combination of great technical skills and deep industry knowledge.  He has become a top investment banker in Healthcare and has consistently helped TripleTree deliver exceptional strategic outcomes for our clients,” said Dave Henderson, TripleTree’s Founding Managing Partner.

With more than 30 years of technology/software services experience in the Healthcare sector, Joe Schiesl joined TripleTree to become another member of the firm's Healthcare practice.  Joe is a natural leader with a successful track record in business turnaround and integration, executive experience in managing sales, service and product development teams, achieving high growth in multiple technology environments, and proven experience in creating successful shareholder value.

"Joe joins TripleTree at a unique time as we enter our 10th year. Our Healthcare practice has earned a stellar national reputation across our technology and business services practices completing transactions with over $1B of aggregate enterprise value in the past few years. Joe's background and experience will provide a natural catalyst to continue that track record but also be highly relevant as we continue to expand into a broader array of healthcare service sectors. His business building skills across a range of healthcare sectors over the past three decades will be of great value to business builders and investors as we enter a decade of significant change, opportunities, and challenges," said TripleTree Founding Managing Partner Kevin Green.

Most recently Joe was Senior Vice President of Sales at Universal Hospital Services (UHS) where as part of the executive management group from 2003-2007 he implemented new growth strategies that increased the value of the Company by 52%. As a consequence, UHS was sold for $712 million.  Before joining UHS, Joe’s career included a number of leadership positions.  He was President of Pharmacy Benefit Management Services where he was part of the successful sale of the company to Express Scripts.  As President of Managed Care Services at Diversified Pharmaceutical Systems he led the successful integration of DPS and SmithKline Beechman.  Joe’s healthcare, technology and software services background began with the first 19 years of his career at CyCare Systems.

TripleTree, LLC is a research-based investment bank serving growth companies, investors and global acquirers.  TripleTree conducts proprietary research that guides our work in M&A, growth capital and financial advisory services.  Our value-based approach benefits technology-enabled businesses in sectors where delivery models are converging technology and services, and all sectors where CEO’s and investors are in search of creative ways to disrupt markets and unleash value.

TripleTree’s unique personality is shaped by the experience of our principals who as former business builders and transaction professionals create strategic outcomes that maximize value for our clients. The firm is located in Minneapolis.

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