New growth equity player starts life with three local investments

A new growth equity firm focused on health care investments has acquired stakes in three Nashville-area businesses as well as a New York-based telemedicine venture.

Granite Growth Health Partners has been launched by veteran investors Diane Daych and Mark Brooks with the backing of $45 billion private equity titan HarbourVest Partners. Daych, who is based in Connecticut, was previously with Apple Tree Partners, the Marwood Group and CCP Equity Partners. Brooks works from San Francisco and previously co-founded MMC Health Services and Scale Venture Partners. They have been joined by Utah-based venture partner and former Sandbox Industries managing director Paul Brown.