Capitol Pain Institute Acquires Wellspring Pain Solutions

Capitol Pain Institute Expands into Colorado with Four Acquisitions

March 30, 2023

Healthcare Services

Capitol Pain Institute (CPI), a PE-backed interventional pain management platform, has acquired three physician practices—Springs Rehabilitation; Spinal Diagnostics and Regenerative Medicine; The Peak Physical Medicine—and The Ascent Surgery Center in Colorado Springs, Colorado. The transactions, backed by Iron Path Capital, mark CPI’s first entry into Colorado and expand the platform’s clinic and ambulatory surgical center footprint to a fifth U.S. state.

Iron Path Capital Recapitalizes Capitol Pain Institute

June 23, 2022

Healthcare Services

Iron Path Capital has recapitalized an affiliate of Capitol Pain Institute (CPI), a physician-led interventional pain management provider that was previously a portfolio company of New State Capital Partners. The recapitalization will support CPI as a platform to expand nationally—affiliating with independent pain practices and building de novo clinics and ambulatory surgical centers across the West and Midwest; terms were not disclosed.

Capitol Pain Institute Acquires Pain Care Surgery of Louisville

April 30, 2024

Healthcare Services

Capitol Pain Institute (CPI), a PE-backed interventional pain management platform, has acquired Pain Care Surgery of Louisville, an ambulatory surgical center (ASC) in Louisville, Kentucky. The deal — supported by CPI sponsor Iron Path Capital — expands CPI's ability to offer advanced, minimally invasive procedures in Kentucky and strengthens its regional ASC footprint.

Capitol Pain Institute (Iron Path Capital-backed) Acquires Nura Pain Clinics

May 3, 2023

Healthcare Services

Capitol Pain Institute (CPI), backed by private equity firm Iron Path Capital, has acquired Nura Pain Clinics to enter the Minneapolis–St. Paul market and expand CPI's national chronic pain platform into Minnesota. The transaction adds Nura's interventional pain management clinics and ambulatory surgical capabilities to CPI's network, broadening access to neuromodulation and implantable pain therapies in the Midwest.

Capitol Pain Institute (Iron Path-backed) Acquires Balcones Pain Consultants and Water Leaf Surgery Center

May 18, 2023

Healthcare Services

Capitol Pain Institute (CPI), a national interventional pain management platform backed by Iron Path Capital, has acquired Balcones Pain Consultants and Water Leaf Surgery Center, adding three clinics and one ambulatory surgical center in the Austin, Texas metropolitan area. The deal expands CPI's presence in Texas and furthers Iron Path Capital's strategy of building a national chronic pain care platform through add-on acquisitions.

Wellspring Capital Management Acquires Summit Spine & Joint Centers

April 3, 2025

Healthcare Services

Wellspring Capital Management completed the acquisition of Summit Spine & Joint Centers, partnering with Summit management and existing sponsor MSouth Equity Partners. Summit, headquartered in Lawrenceville, Georgia, operates 17 ambulatory surgery centers and 44 clinics across the Southeast; Wellspring aims to accelerate geographic expansion and growth of minimally invasive spine and musculoskeletal services.