News

Court Square Capital Partners has made an investment in Fresno, California-based Integrated Prescription Management, a pharmacy benefit manager. No financial terms were disclosed. Covington Associates LLC and Foley Hoag LLP advised IPM on the transaction.

PRESS RELEASE

FRESNO, Calif., Aug. 20, 2018 /PRNewswire/ — Integrated Prescription Management (“IPM” or the “Company”) announced it has received a growth investment from Court Square Capital Partners (“Court Square”), a leading middle market private equity firm. IPM is a full-service pharmacy benefit manager (“PBM”), exclusively focused on middle market commercial clients throughout the United States.

“This is a significant milestone for our Company,” said W. Troy Collins, founder and CEO of IPM. “Our mission is to improve the lives and health outcomes for our members and clients, and with the support of Court Square we will be able to accelerate our investments in capabilities, services, and infrastructure to better serve our community of members.”

IPM has been recognized eight times on the Inc. 5000 fastest growing private company list and has grown its national presence through offices in California, Texas, and Georgia. The Company is one of the few independent, national PBMs that can service clients of all sizes, including self-insured employers, TPAs, government entities, and health plans. The executive team of IPM will continue to lead the Company.

Integrated Prescription Management was advised by Covington Associates LLC and by Foley Hoag LLP.

About Integrated Prescription Management
Founded in 2009 and based in Fresno, CA, Integrated Prescription Management is a full-service pharmacy benefit manager committed to acting as a catalyst of healthy outcomes for its members and the community through collaboration, data integration, and investment in progressive healthcare solutions. IPM is committed to providing members and clients with the tools they need to create positive change and a lifetime of healthy habits, through treatment adherence initiatives, finding affordable long term medication options, and encouraging members to become advocates for their own health. Learn more at www.rxipm.com.