Investment Summary

Council Capital Invests In Ingenious Med

On March 28, 2011, private equity firm Council Capital invested in software company Ingenious Med for 3M USD

Investment Highlights
  • This is Council Capital’s 1st transaction in the Software sector.
  • This is Council Capital’s largest (disclosed) transaction.
  • This is Council Capital’s 6th transaction in the United States.
  • This is Council Capital’s 4th transaction in Georgia.
Investment Fate
  • Ingenious Med was sold to a consortium of financial buyers in 2014.
  • Ingenious Med was sold to a strategic buyer in 2021.

Investment Summary
Date 2011-03-28
Target Ingenious Med
Sector Software
Investor(s) Council Capital
Deal Type Growth Capital
Deal Value 3M USD

Target

Ingenious Med

Atlanta, Georgia, United States
Ingenious Med delivers easily implementable mobile and web solutions that improve physician productivity and hospital performance at the point of care. Ingenious Med helps health systems and physician groups increase revenues, make data more intelligent, align care with quality measures and automate workflows across the healthcare continuum. Ingenious Med was founded in 1999 and is based in Atlanta, Georgia.

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Investor(S) 1

Investor

Council Capital

Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 300M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Council Capital is a private equity firm focused on investing in lower-middle market healthcare services and healthcare IT businesses across the US. The Firm targets control and minority investments in companies with growth potential, EBITDA up to $7 million, and between $5 and $50 million in revenue. Council Capital was founded in 2000 and is based in Nashville, Tennessee.

DEAL STATS #
Overall 6 of 21
Sector (Software) 1 of 2
Type (Growth Capital) 2 of 13
State (Georgia) 4 of 6
Country (United States) 6 of 21
Year (2011) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-24 REACH Health

Alpharetta, Georgia, United States

REACH Health provides enterprise telemedicine systems for multiple specialties and settings of care, all supported on a common software platform. The REACH 5.0 platform is recognized for fostering collaboration between bedside clinicians and remote specialists through shared clinical workflows. The system is highly configurable, enabling physicians to tailor each consultation based on personal preferences and specialty-specific exams, clinical scales, and patient data. REACH Health was formed in 2006 and is based in Alpharetta, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-20 NuScriptRX

Nashville, Tennessee, United States

NuScriptRX is a pharmacy that serves the pharmaceutical needs of long-term care facilities and their residents. NuScriptRX is based in Nashville, Tennessee.

Buy -
Mergr

Product

Company

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