Idea Fund of La Crosse Raises $4.9M More, Eyes First Investments
(Page 2 of 2)
out that the family of Don Weber is the general partner of the Idea Fund of La Crosse. Weber is the founder and chairman of Logistics Health, a healthcare services firm based in La Crosse that was sold in 2011 for an undisclosed amount to OptumHealth, part of Minnesota-based UnitedHealth Group (NYSE: UNH). According to Horne, building a relationship with Logistics Health has helped the Idea Fund as it sizes up potential investment targets.
“With Don and the Logistics Health connection, and ultimately the UnitedHealth connections, that has really helped us with diligence on some businesses, and to think about the value we can add,” Horne says. “The Weber connection is really one of the differentiators I talk about with a lot of [potential] portfolio companies—about what resources we can bring to bear with them.”