Michael Bronfein

At the intersection of B2B and B2C sectors, sits Michael Bronfein, providing dynamic leadership to Curio Wellness via his 30+ years of experience in transforming disruptive vision into tangible products/services and scalable business solutions. An innovator, Michael championed Lean Management and cGMP certification within Curio’s Maryland facility, a rarity in the cannabis industry and example of the thought leadership, regulatory prowess, and modernization Michael instills into any endeavor he undertakes. A longtime steward of the healthcare industry and regulated business, Michael’s strategic approach to building strong teams, sustainable models, and measured capital allocation allows Curio Wellness to enjoy #1 market share in Maryland since its inception. His focus on a strong balance sheet and the responsible deployment of capital has allowed Curio Wellness to provide its investors with a consistent return on capital and strong adjusted returns in a nascent industry.

RLC Capital is a Holding Company and invests in Private Equity and Real Estate Assets. Since 1996 assets under management have increased 400% through organic growth and reinvestment

Remedi SeniorCare is among the fastest growing providers of pharmacy services to chronic medication users in Nursing Homes and Assisted Living facilities in the United States. As Co-Founder and Chairman, Michael Bronfein envisioned and oversaw the creation of the disruptive technology platform, Paxit, which holds 55 patents worldwide and is defining a new generation of clinical efficacy and cost effectiveness in chronic medication management. This proven and revolutionary approach to pharma distribution resulted in the building of five fully automated regional Paxit distribution centers during Michael’s tenure. This proprietary and patented med management robot is responsible for clinical, operational, and economic improvements in long term care facilities as exemplified by 15% reduction in drug costs and 30% increase in nursing productivity. Such growth was enabled by a $300M capital raise led by Michael and achieved via the successful recruitment of a senior leadership team with skills required to execute this transformational business model. Remedi continues to thrive, demonstrating a strong competitive advantage resulting in a 24% CAGR in revenues over the last 5 years.

Sterling Partners is a growth capital private equity fund focused on investing in education, healthcare services and IT, and industrial services. Sterling Partners has AUM of over $4B. As Senior Managing Director, Michael Bronfein envisioned and led the creation of the firm’s healthcare investment strategy. Michael co-led portfolio growth from inception to $4B undermanagement and provided returns of over four times invested capital. As founding partner, he co-raised the first institutional fund for Sterling Venture Partners, a top quartile return per Cambridge Associates. During his tenure with Sterling Partners, Michael led Investment in VOCUS and VISICU resulting in IPOs that returned 5 times and 10 times invested capital, respectively.

Co-founded by Michael Bronfein as a single drugstore, NeighborCare evolved to become the second largest provider of integrated pharmacy services to the long term and managed care sectors in the US. Under his direction Neighborcare flourished, servicing over 250,000 nursing home patients daily and 500,000 managed care lives with revenues in excess of $1,000,000,000. In the late 1980s, Michael envisioned and led the development of the NeighborCare integrated pharmacy services model, a unique and disruptive approach to community pharmacies, and the first “branded” national institutional pharmacy. With a stringent focus on customer delight, Michael created a culture of caring that drove strong customer retention and a workplace of choice resulting in strong employee retention. Under Michael’s leadership, NeighborCare grew from $12M to $1B in revenues over 7 years and led a successful sale to Genesis Health Ventures in 1996 for $60,000,000.

As SVP of Commercial Finance, Michael Bronfein was responsible for leading the secured lending and leasing portfolio across the bank’s mid-Atlantic regional operating platform. As member of the initial launch team for Commercial Finance, Michael was member of a team that grew the division to #1 in market share in three years and was a top performer within new business development, receiving multiple awards. During his tenure, Michael was promoted from Senior VP to Head of Commercial Finance, Chaired the Divisional Loan Committee and was a member of the Corporate Loan Committee. Signet Bank was a regional commercial bank operating in the Mid-Atlantic with assets of $12B. Signet Bank is the result of a merger of Union Trust Bank and the Bank of Virginia.

Michael’s IGA was a retail supermarket located in Washington D.C.