Fullscript Raises Expanded Investment from HGGC and Snapdragon; LGP Leads Continuation Vehicle

HGGC and Snapdragon Capital Partners Invest $240M in Fullscript

November 9, 2021

Healthcare Services

HGGC and Snapdragon Capital Partners signed a definitive agreement to make a $240 million growth investment in Fullscript, a digital platform that supports integrative and functional health practitioners. The capital will be used to expand Fullscript's platform across the patient treatment lifecycle, including investments in people, technology, partnerships and acquisitions to accelerate growth.

Fullscript Acquires Emerson Ecologics

March 17, 2022

Healthcare Services

Fullscript, a care delivery platform for integrative medicine, has completed the acquisition of Emerson Ecologics, a longtime distributor of professional-grade supplements. The deal nearly doubles Fullscript's annual revenue and increases its practitioner reach to more than 70,000 healthcare professionals and over 5 million patients, expanding product assortment, diagnostic testing access and distribution capacity.

TPG Capital and Leonard Green & Partners Invest in WellSky

July 20, 2020

Healthcare Services

WellSky has agreed to a new capital partnership that adds Leonard Green & Partners alongside existing investor TPG Capital, with TPG making a new equity investment and creating a new capital structure for the company. The recapitalization is intended to accelerate WellSky's technology innovation and expansion across the post-acute and community care continuum; terms were not disclosed and the deal was expected to close in Q3 2020.

HLM Leads $16M Growth Investment in HPS/PayMedix; $33M Financing Raised

January 13, 2026

Healthcare Services

HPS/PayMedix closed $33 million of equity and debt financing to accelerate national growth of its healthcare financing and payments platform. The round was led by HLM Investment Partners ($16M growth equity) and included Escalate Capital Partners (providing a $17M term debt facility), RVM Enterprises, and existing investor SV Health Investors.

Fullscript Acquires Rupa Health

October 10, 2024

Healthcare Services

Fullscript, a whole-person healthcare platform based in Ottawa, announced the acquisition of Rupa Health, a San Francisco-based lab ordering and education platform. The deal will integrate Rupa Health’s lab-ordering, results management and educational offerings into Fullscript’s care and dispensing platform to expand diagnostics capabilities and scale whole person care; terms were not disclosed.

Fulcrum Equity Partners Invests in Physician Services Group

September 2, 2024

Healthcare Services

Fulcrum Equity Partners completed a growth equity investment from its Fund V in Physician Services Group (PSG), a Greenville, South Carolina-based provider of transitional and geriatric care for residents of skilled nursing and assisted living facilities. The capital will be used to strengthen PSG's management team, expand service offerings, and support new market expansion while leveraging PSG's high-touch model that has reduced 30-day rehospitalizations.