In the heart of Alabama, New Capital Partners Birmingham stands as a beacon for private equity, and at its foundation is James Outland, a founding partner whose three decades of experience shape the firm’s strategic vision and success. James brings a wealth of knowledge in private equity, mergers and acquisitions, and business development, cultivated through leadership roles in both burgeoning entrepreneurial ventures and established corporate environments. His journey is integral to understanding the strength and direction of New Capital Partners in Birmingham and the broader investment landscape.
James Outland: A Birmingham Leader in Private Equity
James Outland’s career trajectory is marked by significant roles within the healthcare industry, including his tenure as an officer of UnitedHealth Group following their acquisition of Complete Health Services. This deep industry experience provides a robust foundation for his leadership at New Capital Partners. His expertise spans across various facets of business growth, making him a pivotal figure in guiding portfolio companies toward sustained success.
Board Leadership and Portfolio Success
Currently, James actively serves as Chairman of the Board for several prominent organizations including ACES Quality Management, Healthfuse, Medsurant Health, Precision Business, and DotCom Therapy. His leadership extends to Wakefield & Associates (formerly CollectRx) where he also holds a board position. The breadth of his involvement underscores his commitment to guiding diverse businesses to achieve their fullest potential.
His past board memberships include companies that have become industry benchmarks, such as Teladoc (NYSE: TDOC), Awarix (acquired by McKesson [NYSE: MCK]), Senior Whole Health (sold to TA Associates), Prism Pointe Technologies (sold to Systems Maintenance Services, Inc.), REPAY (sold to Corsair Capital), P&R Dental (sold to The Beekman Group), Volly (sold to Williston Financial Group), and Fident Health (sold to Avel eCare). Notably, James also served as CEO for Senior Whole Health during its crucial first year, demonstrating his hands-on leadership and operational capabilities. This impressive portfolio reflects his strategic acumen and ability to foster growth and realize value in various market conditions.
Commitment to NCP Values: Focus on Excellence
When discussing the core values of New Capital Partners, James emphasizes, “Focus on excellence and get great results” as his favorite. He elaborates that while all NCP values—doing the right thing always, being committed and caring, being genuine, and working hard—are integral to the firm’s culture, achieving outstanding results is paramount. This focus on excellence ensures that New Capital Partners delivers significant value to all stakeholders, including investors, employees, portfolio companies, and management teams. For James and NCP, success is measured not just by effort, but by tangible, positive outcomes.
Proud Achievements: Building NCP and Community Impact
James expresses immense pride in the firm and team he has helped build at New Capital Partners, particularly celebrating NCP’s 20th anniversary in 2019. He is equally proud of the firm’s role in fostering job creation through the growth of its portfolio companies and the substantial returns generated for investors. These investors, including pensions and foundations, rely on NCP’s success to support meaningful retirements, scholarships, and university investments. This connection between building great companies and benefiting society is a source of deep satisfaction for James.
Beyond his professional achievements, James is deeply rooted in the Birmingham community. He previously served on the board of UAB Medicine and as Chairman of the Board of the Birmingham Museum of Art. Currently, he contributes to the UAB Health Services Foundation board and chairs the board of Birmingham Legion FC, Birmingham’s professional soccer team. His extensive community involvement highlights his commitment to the city and its growth, reinforcing New Capital Partners’ dedication to Birmingham.
Words of Wisdom: Hard Work and Community Service
Influenced by his upbringing as the son of an Air Force Colonel and a devout Catholic mother, and his education in Catholic schools, James lives by a strong work ethic and a principle of service to others. He was taught to “work hard and be a man for others,” values that have guided his career and community engagement. This ethos drives his commitment to giving back and actively contributing to the betterment of his community, seamlessly blending his professional drive with a deep-seated sense of responsibility.
In conclusion, James Outland embodies the spirit and success of New Capital Partners Birmingham. His leadership, grounded in decades of experience and a commitment to excellence and community, positions NCP as a leading private equity firm dedicated to building great companies and delivering impactful results.
