Investment Summary

Envest Private Equity and Council Capital Invest In NuScriptRX

On September 20, 2011, growth capital firm Envest Private Equity and private equity firm Council Capital invested in life science company NuScriptRX

Investment Highlights
  • This is Envest Private Equity’s 1st and Council Capital’s 1st transaction in the Life Science sector.
  • This is Envest Private Equity’s 7th and Council Capital’s 7th transaction in the United States.
  • This is Envest Private Equity’s 1st and Council Capital’s 1st transaction in Tennessee.
Investment Fate
  • NuScriptRX was sold to a strategic buyer in 2017.

Investment Summary

Date 2011-09-20
Target NuScriptRX
Sector Life Science
Investor(s) Envest Private Equity
Council Capital
Deal Type Venture

Target

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.

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Investor(S) 2

Investor

Envest Private Equity

Virginia Beach, Virginia, United States

Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1999
PE ASSETS 162M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Envest Private Equity is a private equity firm that targets East Coast US-based opportunities. Envest prefers businesses operating in basic industries with experienced management and a competitive market positions. Sectors of interest include financial services, franchising, manufacturing, healthcare services, travel and entertainment, and software/IT. The Firm's investment size range is $2 to $7 million. Envest was formed in 1999 and is based in Virginia Beach, Virginia.


DEAL STATS #
Overall 7 of 11
Sector: Life Science M&A 1 of 1
Type: Venture M&A Deals 5 of 5
State: Tennessee M&A 1 of 1
Country: United States M&A 7 of 11
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-10 Inspiris

Brentwood, Tennessee, United States

Inspiris is a health care management organization that develops a comprehensive network of local physicians, skilled nursing facilities and hospitals to provide enhanced health and social services for frail and disabled Medicare beneficiaries who reside in nursing homes and/or in the community.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-01 Service Center Metals

Prince George, Virginia, United States

Service Center Metals, Inc. is a manufacturer of aluminum tubes, pipes, rods, bars, and custom profiles for services center customers. SCM was formed in 2002 and is based in Prince George, Virginia.

Buy -
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 $15 million, and between $5 and $50 million in revenue. Council Capital was founded in 2000 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 7 of 22
Sector: Life Science M&A 1 of 1
Type: Venture M&A Deals 5 of 5
State: Tennessee M&A 1 of 3
Country: United States M&A 7 of 22
Year: 2011 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-28 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.

Buy $3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-08 Senior Whole Health

Cambridge, Massachusetts, United States

Senior Whole Health LLC is a privately-held company offering intensive, integrated case management services for Medicare/Medicaid dual eligibles and Medicare Part D. Senior Whole Health was founded in 2004 and is based in Cambridge, Massachusetts.

Sell -