Bloom Advises Texas Pain Management Practice and ASC in Transaction with Capitol Pain Institute
- April 27, 2023
The Bloom Organization (“Bloom”), a leading healthcare services focused investment bank, is pleased to announce that its client, Balcones Pain Consultants and Water Leaf Surgery Center, has joined forces with Capitol Pain Institute (“CPI”), a physician-led multi-state interventional pain management platform and portfolio company of Iron Path Capital. This partnership adds 3 Texas office locations and an ambulatory surgical center to CPI’s existing footprint across 5 states.
Balcones Pain Consultants, a premier group of board-certified anesthesiologists and pain medicine specialists, has offices in Austin, Cedar Park, and Marble Falls, Texas. “As the Texas market in pain management continues to consolidate, the physicians at Balcones decided that joining forces with Capitol Pain and Iron Path was their best strategy for ensuring a strong and dominant practice for the future,” said Robert Goettling, Principal at The Bloom Organization.
Founded in 2007 by Dr. Matthew Schocket in Austin, Texas, Capitol Pain Institute provides progressive and innovative pain management across Texas, Kentucky, Ohio, Indiana and Colorado. A leading interventional pain management platform with clinics and ambulatory surgical centers, CPI offers a customized and multi-disciplinary approach to chronic pain treatment. CPI partners with physicians and practices that share a common goal of providing high quality, compassionate care at a reasonable cost.
The Bloom Organization has 30+ years of experience working exclusively on healthcare services transactions assisting physicians, health systems, home health companies and private equity firms in market consolidation strategies and strategic partnerships. For more information or to discuss potential monetization opportunities, please contact The Bloom Organization at (305) 974-0700 or firstname.lastname@example.org.