Capitol Corporate Services, Inc.

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Capitol Corporate Services, Inc. - overview

Established

2007

Location

Austin, TX, US

Primary Industry

Pharmaceuticals

About

Capitol Corporate Services, Inc. operates within the healthcare sector, specializing in pain management solutions that address a variety of chronic pain conditions through individualized treatment plans and a holistic approach. Founded in 2007 by Matthew Schocket, Capitol Corporate Services, Inc. is located in Austin, US.


The company focuses on pain management services and has engaged in three deals, with its most recent deal occurring on June 23, 2022, when Iron Path Capital acquired the firm from New State Capital Partners through recapitalization. Capitol Pain Institute specializes in comprehensive pain management services designed to address a wide range of chronic pain conditions. Their core offerings include individualized treatment plans that integrate various approaches, such as physical therapy, medication management, and interventional procedures like injections. The Institute emphasizes a holistic approach, focusing on both the physical and psychological aspects of pain, thereby catering to patients seeking relief from conditions such as back pain, knee pain, neck pain, and more.


Their services target a diverse clientele, including individuals suffering from acute and chronic pain across multiple states, including Texas, Colorado, Indiana, Kentucky, and Ohio. The company operates multiple locations, ensuring accessibility to a broad customer base that values tailored pain management solutions. Capitol Pain Institute generates revenue through a fee-for-service model, where patients pay for consultations and treatment sessions directly. The transaction structure typically involves upfront payments for initial evaluations, followed by additional charges for specific treatments or procedures as outlined in customized pain management plans.


The company serves both individual patients and may engage with healthcare providers for referrals, creating a pipeline for ongoing treatments. While specifics regarding pricing plans for individual services are not disclosed, the organization is positioned within the healthcare sector, offering services that are often covered by insurance plans. This model enables the Institute to maintain a steady revenue stream while delivering tailored care to its diverse patient demographic. Following the acquisition on June 23, 2022, Capitol Corporate Services, Inc.


plans to expand its national footprint by affiliating with independent pain management practices and building de novo clinics and ambulatory surgical centers. The investment will support these initiatives, allowing the company to enhance its service offerings and reach more patients across the United States.


Current Investors

New State Capital Partners

Primary Industry

Pharmaceuticals

Sub Industries

Chiropractic, Orthopedic & Physical Therapy, Specialty Pharmaceuticals, Pharmaceutical Research & Development

Website

www.capitolpain.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Capitol Corporate Services, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedPain Care Surgery of Louisville, Llc-
Add-onCompletedWater Leaf Surgery Center, Ltd.-
Add-onCompletedBalcones Pain Consultants-
Add-onCompletedNura, P.A-
Add-onCompletedThe Peak Physical Medicine, P.C.-

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