Larry Hicks

Larry Hicks, and advisor to Arch, brings over 30 years of experience in medical devices. He started in field sales for ACMI, an endoscopy market leader, and subsequently joined Karl Storz Endoscopy to oversee US Sales and Operations. In 2004, he rejoined ACMI to help lead a sales process (19x EBITDA in 2005) and then served as its President & CEO within Gyrus Group. Mr. Hicks returned to private equity as President & CEO of NeuroTherm (a Cortec Company), which he transformed from $10m revenue and 10 employees into a vertically integrated $50m Company with offices in Boston, London, Amsterdam and Dusseldorf. NeuroTherm was sold for a 5x return on invested capital in 5 years (noteworthy during the ‘07-‘12 economic period).

Mr. Hicks then spent two and a half years acquiring and integrating Z-MEDICA (maker of Combat Gauze Products) into the portfolio of DWHP, a private equity company with whom he is a Limited Partner and advisor in Funds II-V and for whom he has served on various Boards. Z-Medica was acquired by Linden Capital Partners (6x return of capital to investors).

Mr. Hicks is currently the CEO of American Optics, a global manufacturer of OEM and replacement parts used for the manufacture and repair of medical endoscopes. He also serves as the Managing Partner at Drake Partners, LLC a boutique healthcare co-investment and operating company. Mr. Hicks received a BA from Fairfield University.