HGGC and Snapdragon Capital Partners Invest $240M in Fullscript

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

May 5, 2025

Healthcare Services

Fullscript, a healthcare platform powering whole-person care, announced an expanded investment from private equity firms HGGC and Snapdragon Capital Partners, supported by a continuation vehicle led by Leonard Green & Partners as sole lead investor. The financing provides liquidity options to existing investors while supplying capital to support Fullscript's next phase of growth and further development of its provider-facing platform and fulfillment capabilities.

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.

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.

Snapdragon Capital Invests Over $30 Million in Spartan Fitness Holdings

April 20, 2023

Healthcare Services

Snapdragon Capital Partners has invested more than $30 million in Spartan Fitness Holdings, the largest Club Pilates franchisee, to accelerate expansion of Club Pilates studios and to acquire and develop additional wellness brands including Hand & Stone and V/O (VIO) Med Spa. The capital will be used for new builds, acquisitions and to build Spartan’s multi-brand boutique fitness and wellness platform across multiple U.S. states.

Snapdragon Capital Partners & The Maze Group Acquire Minority Stake in Nutraceutical International

July 17, 2019

Consumer Products

HGGC sold a minority stake in Nutraceutical International Corporation to Snapdragon Capital Partners and The Maze Group, with a DWS-led investor group providing support. The investment is intended to accelerate Nutraceutical’s digital transformation and omnichannel growth while HGGC remains a significant partner; terms were not disclosed.

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.