Capitol Pain Institute (CPI), a portfolio company of Iron Path Capital, announced that it completed four transactions.
Springs Rehabilitation is operated by Dr. Kenneth P. Finn and Janel Sharp Moreno. In addition to rehabilitation services, the practice provides pain management services. It is based in Colorado Springs. According to data captured in the LevinPro HC database, this marks the 15th Rehabilitation transaction of the year.
Bolstering its Physician Medical Groups (PMG) portfolio, CPI acquired The Peak Physical Medicine as well as Spinal Diagnostics and Regenerative Medicine. The Peak Physical Medicine operates out of one Colorado Springs location and is run by one doctor. Spinal Diagnostics and Regenerative Medicine is run by a team of two doctors and one physician’s assistant. It provides pain management services. These transactions represent the 133rd and 134th PMG acquisitions of the year, with four of the transactions in the pain management specialty.
Lastly, CPI purchased The Ascent Surgery Center, which operates out of Plano, Texas and serves the surrounding areas. This is the 8th ambulatory surgery center transaction of 2023.
These acquisitions strengthen CPI’s presence in Colorado and Texas. None of the financial terms were disclosed.
