Heritage Group has announced the closing of its oversubscribed third fund with more than $300 million.

Heritage Group, based in Nashville, Tenn., makes control and minority equity investments exclusively in the healthcare industry. Founded in 1986, the firm has flexibility on investment size, including interest in pre-EBITDA businesses, as it pursues provider services companies generating revenue.

The firm indicated that the new fund would be focused on investing in solution-oriented, high-growth healthcare services and technology businesses.