Council Capital Leads $30M+ Growth Investment in GEOH

Council Capital Invests in Allegiant Managed Care

April 24, 2024

Healthcare Services

Council Capital, a healthcare-focused private equity firm, has made a growth investment in Allegiant Managed Care, a Pittsburgh-based nurse and vocational case management provider. The undisclosed transaction closed on April 24, 2024; Council Capital said the investment will be used to scale Allegiant's services into additional states and insurance lines.

Council Capital Invests in StrataPT

October 1, 2024

Cloud & SaaS

Council Capital, a healthcare-focused private equity firm, has made an investment of over $25 million in StrataPT, a SaaS-based EMR and revenue cycle management platform for outpatient therapy practices. The capital will support StrataPT's growth and capability expansion; Council Capital partner Kevin Fahey and healthcare IT veteran Gregory Anderson are joining StrataPT's board. PEAK Technology Partners served as financial advisor to StrataPT.

Council Capital Invests in ViaQuest

March 25, 2021

Healthcare Services

Council Capital, a Nashville-based healthcare-focused private equity firm, invested in ViaQuest Holdings, a Dublin, Ohio provider of IDD, hospice and behavioral health services; the transaction is described as the first platform investment from Council Capital IV. Founder and CEO Rich Johnson will remain a significant investor and continue to lead the business while Council Capital will support growth using its CEO Council and value-creation resources. A second source headline referenced Twin Bridge, so Twin Bridge Capital Partners is also listed as a buyer in aggregated coverage, though the announced release identifies Council Capital as the investor.

GHC Industries Leads $6M Series A in Vitalchat to Scale Virtual Nursing and Telehealth

February 13, 2025

Healthcare Services

Vitalchat, an AI-powered in-patient virtual nursing and telehealth SaaS, closed a $6 million Series A round led by GHC Industries (Green Harvest Capital) to accelerate product innovation, AI integration, and market expansion. GHC will join Vitalchat's board as the company scales deployments across hospitals, ICUs, operating rooms, and post-acute care facilities.

H.I.G. Capital Makes Growth Investment in Cleo Communications

June 9, 2021

Cloud & SaaS

H.I.G. Capital made a significant growth investment in Cleo Communications, a Rockford, Illinois–headquartered provider of ecosystem integration SaaS; terms were not disclosed. The investment will support Cleo's continued product development and market expansion as the company scales its Cleo Integration Cloud platform across manufacturing, wholesale & distribution, and logistics end-markets.

KKR Forms Geode Health to Expand Outpatient Mental Health Access

June 9, 2021

Healthcare Services

KKR has launched and funded Geode Health, a Chicago-based mental health services platform that will partner with psychiatrists, psychologists and therapists to provide in-person and virtual outpatient care for adults and children across the United States. The investment is funded through KKR’s Health Care Strategic Growth strategy; Geode’s leadership team includes CEO Gaurav Bhattacharyya and COO Mike King as the company pursues partnerships with existing providers and new clinic openings to scale access and outcomes.