The Star Tribune, Putting Dollars to Dreams, 08/01/10:

For anyone thinking of starting a health care company in Minnesota, one of the first doors to knock on is Pete McNerney’s….
 … His track record includes investments in St. Paul-based AppTec Laboratory Services Inc., sold for $162.7 million in 2008; the Minnesota med-tech company Endocardial Solutions, sold for $272 million to St. Jude Medical Inc. in 2005; and Ascent Healthcare Solutions, a Phoenix-based company that sells reprocessed medical devices and was sold last year for $525 million….