Investment Summary

Capitala Group and Cold Bore Capital Invest In Optio Rx

On July 23, 2018, asset manager Capitala Group and private equity firm Cold Bore Capital invested in life science company Optio Rx

Investment Highlights
  • This is Capitala Group’s 1st and Cold Bore Capital’s 1st transaction in the Life Science sector.
  • This is Capitala Group’s 70th and Cold Bore Capital’s 1st transaction in the United States.
  • This is Capitala Group’s 3rd and Cold Bore Capital’s 1st transaction in Illinois.

Investment Summary

Date 2018-07-23
Target Optio Rx
Sector Life Science
Investor(s) Capitala Group
Cold Bore Capital
Deal Type Growth Capital

Target

Optio Rx

Oak Brook, Illinois, United States
Optio Rx is an owner and operator of specialty compounding pharmacies and home infusion providers licensed across the United States. Optio currently specializes in providing medication and care in the fertility, veterinary, and hemophilia segments. Optio Rx was founded in 2018 and is based in Oak Brook, Illinois.

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Investor(S) 2

Investor

Capitala Group

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1998
PE ASSETS 2.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Capitala Group is an asset manager that provides equity and mezzanine capital to mid-sized companies valued up to $250 million. Funds are generally used to support growth needs, add-on acquisitions, management/leveraged buyouts, and recapitalizations. Capitatala will invest across the US, but generally targets opportunities located in the Southeast. Industry preferences include building products, business services, consumer/reteail, general industrial, healthcare, and technology. Prospective companies typically have revenues greater than $10 million and EBITDA of at least $3 million. Capitala was formed in 1998 and is headquartered in Charlotte, North Carolina.


DEAL STATS #
Overall 71 of 98
Sector (Life Science) 1 of 1
Type (Growth Capital) 16 of 28
State (Illinois) 3 of 4
Country (United States) 70 of 97
Year (2018) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-04 ThreeBridge Solutions

Minneapolis, Minnesota, United States

ThreeBridge Solutions is a provider of information technology and business consulting services. ThreeBridge is focused on serving the growing market opportunity between global strategic consulting firms and local staffing companies. ThreeBridge Solutions was founded in 2009 and is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-29 City Gear

Memphis, Tennessee, United States

City Gear LLC is an urban fashion retail sector operating in the South East and Midwest. City Gear LLC was founded in 1978 and is based in Memphis, Tennessee.

Sell $88M
DESCRIPTION

Cold Bore Capital is a private equity firm focused on acquiring lower middle-market service-oriented companies with $5 to $5 million in revenue. Specific areas of interest including healthcare services, business services, and consumer services. The Firm has a particular interest in businesses where the owner is looking for liquidity but also willing to continue operating. Cold Bore Capital was formed in 2017 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 1 of 3
Sector (Life Science) 1 of 1
Type (Growth Capital) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 3
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 American Landscaping Partners

Brentwood, Tennessee, United States

American Landscaping Partners is a provider of landscaping services and offers lawn maintenance, lawn care, snow removal, plant healthcare, and tree services for residential and commercial customers. American Landscaping Partners is based in Brentwood, Tennessee.

Buy -