CPIhealth Acquires Midwest Interventional Spine Specialists and Serenity Surgical Center

CHARLOTTESVILLE, Va. & MUNSTER, Ind.--(BUSINESS WIRE)--Iron Path Capital, a private equity firm focused on building differentiated businesses in the healthcare and specialty industrials sectors, is pleased to announce that CPIhealth (CPI), a leading interventional pain management platform, has acquired Midwest Interventional Spine Specialists (M.I.S.S.) and Serenity Surgical Center.

“This is another milestone for CPIhealth’s mission to expand into new markets and will allow us to provide advanced pain treatments and comprehensive care to additional patients."

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The partnership adds two clinics and an Ambulatory Surgery Center (ASC) to CPI’s existing Indiana footprint, expanding CPI’s presence into northwest Indiana and neighboring Illinois near the Chicago area. This strategic move also brings five physicians and two nurse practitioners onto CPI’s platform, allowing CPI to offer high-quality, comprehensive pain management services and expertise to more patients.

“This is another milestone for CPIhealth’s mission to expand into new markets and will allow us to provide advanced pain treatments and comprehensive care to additional patients,” said Matt Schocket, M.D., CPI founder. “We’re excited to partner with Dr. Shaun Kondamuri and Dr. Satish Dasari, who share a similar philosophy of using advanced techniques to treat chronic pain.”

For more than 20 years, M.I.S.S. has provided chronic pain management and spine care to patients in northwest Indiana, as well as neighboring Illinois, from its locations in Munster and Chesterton. CPI and M.I.S.S offer a comprehensive range of services, including spinal cord stimulation, intradiscal procedures, percutaneous disc decompression, injections and non-surgical spine care.

“We’re excited for this new chapter to partner with CPI as they continue to expand their platform,” said Shaun Kondamuri, M.D., Midwest Interventional Spine Specialists. “With our combined expertise, I believe our patients will continue to receive high-quality, comprehensive pain management services.”

CPI has clinics and ASCs across six states including Texas, Ohio, Kentucky, Colorado, Minnesota and Indiana.

For more information on CPI, visit www.capitolpain.com.

About CPIhealth

CPIhealth (CPI) is a leading interventional pain management platform with clinics and ambulatory surgery centers across the United States. CPI offers a customized and multi-disciplinary approach to chronic pain treatment, with particular focus on advanced procedures such as spinal cord stimulator implants. CPI partners with physicians and practices that share a common goal of providing high quality, compassionate care. The company is also committed to enhancing the communities in which they serve and investing in the advancement of the field of pain management through innovation and evidence-based medicine. CPI was founded by Dr. Matthew Schocket in Austin, Texas in 2007. For more information, visit CapitolPain.com.

About Iron Path Capital

Iron Path Capital is an operationally focused private equity firm making lower-middle-market investments across the healthcare and specialty industrial sectors. With offices in Nashville, TN and Charlottesville, VA, Iron Path Capital supports its partners with capital, operating expertise, business development, and industry relationships with the goal of achieving significant scale. Iron Path Capital focuses on growing companies with stable cash flows, superior management teams, defensible, scalable business models and multiple vectors for growth, both organic and through consolidation. Learn more at ironpathcapital.com