August 21, 2018
Foley Hoag LLP advised Fresno, CA-based Integrated Prescription Management (IPM) in a growth investment by middle market private equity firm Court Square Capital Partners. IPM will use the funds to accelerate investment in its capabilities, services and infrastructure. The executive team of IPM will continue to lead the company.
Founded in 2009, IPM is a full-service pharmacy benefit manager exclusively focused on middle market commercial clients, including self-insured employers, TPAs, government entities and health plans. The company 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. IPM is committed to providing members and clients with the tools they need to create healthy habits through treatment adherence initiatives, affordable long-term medication options and becoming advocates for their own health.
Foley Hoag attorneys William Kolb, Corey Brown and Justin Beegle represented IPM in the transaction, with support from others at the firm including Earl Mellott, Teresa Martland and Abigail Roy providing tax and executive compensation advice; Malcolm Henderson providing advice on financing matters; and Brendan Burke providing antitrust advice.