Karan Jolly


(216) 689-4535
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Cain Brothers Experience

Karan Jolly is a Director in the Firm’s Corporate M&A Advisory practice. Mr. Jolly joined Cain Brothers (KeyBanc Capital Markets) in 2006 and has over 11 years of experience advising both public and private companies in a variety of merger and acquisition, private capital raising, debt and equity capital markets advisory, and other strategic advisory transactions. Mr. Jolly has executed transactions across several verticals over his career, including healthcare IT, physician practice management, dental services, home health and hospital outsourcing. His notable transactions include the recapitalization of OnShift by Clearlake Capital, sale of Island Medical Management to New Mountain Capital, the sale of North American Dental Partners to ABRY Partners, the sale of Universata to Ciox Health, the sale of Lone Peak Management to Tailwind Capital, growth capital raises for Etransmedia Technologies and Medstreaming, and debt financings for Allscripts and American Dental Partners.

Prior Experience

Prior to joining the Healthcare practice, Mr. Jolly was an associate in KeyBanc Capital Markets’ M&A Group. Prior to joining KBCM, Mr. Jolly worked with the Credit & Portfolio Analytics group at Fannie Mae. He started his career as a consultant with Tata Consultancy Services.


Mr. Jolly graduated from Manipal Institute of Technology with a BS in Industrial Engineering and earned an MBA from University of Maryland.