Tygon Peak Capital Invests in DIM and IMAP to Create Texas Primary Care Platform

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.

Millennium Physician Group Acquires IMA Medical Group

October 6, 2025

Healthcare Services

Millennium Physician Group announced it is bringing IMA Medical Group into its organization to expand value‑based care across Central Florida. IMA contributes 53 providers across 17 practices and more than 22,000 Medicare Advantage members; Guggenheim Securities served as financial advisor to IMA and Foley & Lardner LLP served as legal counsel to Millennium.

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.

Triton Pacific Partners with Integrated Pain Associates

January 10, 2023

Healthcare Services

Triton Pacific Capital Partners has announced a partnership with Integrated Pain Associates (IPA), a Central Texas minimally invasive spine and pain platform operating clinics and ambulatory surgery centers. Florac and Star Mountain Capital participated in the investment alongside Triton Pacific; terms were not disclosed. The investment will support IPA’s hub-and-spoke expansion playbook to grow clinics and ASCs into new, underserved markets.

The IMA Group Acquires Accelemed Research Institute

April 11, 2023

Healthcare Services

The IMA Group (IMA Clinical Research) has acquired Accelemed Research Institute, a clinical research site in Austin, Texas, expanding IMA's footprint in the Southwest to more than 20 sites. The acquisition deepens IMA's capabilities in multi-therapeutic clinical trials—particularly cardiometabolic and GI indications—and keeps Accelemed operating under its current name with existing leadership retained.

Kain Capital Invests in Excelsior Integrated Medical

August 24, 2020

Healthcare Services

Kain Capital LLC has made a growth investment in Excelsior Integrated Medical, a New York City–based primary care physician group serving over 60,000 patients across 37 locations with roughly 75 providers. The capital will support Excelsior's continued shift to a value‑based, global capitation model and expansion of its provider base, with the goal of replicating the model beyond the local community.