Council Capital

What Council Capital does

Council Capital is a Nashville-based, healthcare-focused private equity firm founded in 2000 that invests in lower middle market healthcare technology and healthcare services companies with enterprise values up to $100M. Target companies are typically growing, EBITDA-positive, often bootstrapped and founder-led, and receive material post-close management ownership alongside Council Capital's investment. The firm's distinguishing structural feature is its 'Council Model,' which combines three components: a CEO Council of 34+ senior healthcare executives who have personally invested over $140M in Council Capital's funds and whose networks cover roughly 60% of managed care lives and 60%+ of for-profit hospital systems; a Value Creation Team of operators who provide hands-on strategic and operational support to portfolio companies; and an Investment Team whose partners average 25+ years of healthcare investing and operating experience. Council Capital is currently investing out of its fourth fund, with a disclosed portfolio that includes Accuro Solutions (workers' compensation bill review), Advanced Care Partners (pediatric home health, recently sold to Angels of Care), Alivia Analytics (AI/ML payment integrity), GEOH (practice management software for home care), MedicalServiceQuotes.com (workers' comp procurement analytics), Opus Medical (physician services), StrataPT (outpatient therapy/rehab software), Reach Health, IngeniousMed, SaVida, ViaQuest, Inner Circle Autism Network, and Advanced Behavioral Solutions. Revenue is generated through traditional private equity fund management economics—management fees on committed and invested capital across successive fund vintages plus carried interest on successful exits—with revenue tied to fund size, deployment pace, and realization activity rather than product or subscription sales.

Name

Council Capital

Legal name

Council Capital

Website

https://councilcapital.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Council Capital is a Nashville-based private equity firm founded in 2000 that invests in lower middle market healthcare technology and healthcare services companies, partnering with founder-led, EBITDA-positive businesses through its fourth fund and a unique CEO Council model.

Ownership category

akta.pro rank

Headquarters

HQ city

Nashville

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Private Equity Fund Management: Council Capital generates returns through private equity investing in healthcare companies. The firm collects management fees on its funds (now on its fourth fund) and realizes carried interest/performance fees on successful portfolio company exits. Revenue is driven by the performance and exits of portfolio companies.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Council Capital is a Nashville-based private equity firm that invests in lower middle market healthcare companies, typically with enterprise values of $10-100 million. The firm operates a unique CEO Council model comprising 34 senior healthcare executives who collectively commit capital and provide strategic guidance to portfolio companies. The firm is currently investing from its fourth fund.

Product overview

Council Capital is a healthcare-focused private equity firm that does not develop or sell its own products or services. The firm provides investment capital, strategic guidance, and operational support to healthcare portfolio companies through its 'Council Model,' which includes a CEO Council of 34 senior executives, a Value Creation Team, and an Investment Team. Council Capital invests in lower middle-market healthcare companies (enterprise value up to $100M) across healthcare technology, healthcare services, and tech-enabled healthcare businesses. The firm's portfolio companies (which are separately operated entities) include Accuro Solutions (workers' compensation bill review software), Advanced Care Partners (pediatric home health services), Alivia Analytics (AI/ML for payment integrity), GEOH (practice management software for home care), MedicalServiceQuotes.com (healthcare procurement and analytics platform), and numerous other healthcare technology and service companies.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• CEO Council members have created over $20B of equity value in CEO/President roles
• +3 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Angels of CareminorOthers · 28 April 2026Council Capital announced the sale of its portfolio company Advanced Care Partners to Angels of Care, a leading national provider of home health services for medically complex children and young adults. This marked the culmination of an 8-year investment period. Terms of the transaction were not disclosed.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Welsh, Carson, Anderson & Stowe: One of the largest healthcare-focused PE firms in the US, investing across healthcare services and technology with a similar lower-to-middle market orientation. WCAS's scale and healthcare specialization make it the most comparable institutional peer to Council Capital.
• Avista Capital Partners: Healthcare-dedicated middle market PE firm investing in healthcare services, technology, and pharma services with similar check sizes to Council Capital. Operates with a comparable healthcare-only thesis and operator engagement model.
• Linden Capital Partners: Healthcare-focused middle market PE firm investing in healthcare services, products, and distribution with operating partner support similar to Council Capital's Value Creation Team. Comparable fund size and healthcare-only mandate.
• New Mountain Capital: Large healthcare growth-oriented PE firm with a portfolio spanning healthcare services, technology, and information services. Invests at similar check sizes in the lower middle market with a thesis aligned to Council Capital's value-based care orientation.
• Chicago Pacific Founders: Healthcare services-focused PE firm investing in lower middle market healthcare businesses with operator involvement. Operates with a similar CEO/executive network engagement model and sector specialization.
• RiverGlade Capital: Middle market healthcare PE firm explicitly named in Council Capital's data as a former employer of team member Kevin McGrath. Directly comparable in check size, sector focus, and operator-supported value creation approach.
• Water Street Healthcare Partners: Healthcare-focused PE firm named in Council Capital's data as a former employer of team member Kevin McGrath. Invests in middle market healthcare companies with operating partner support, directly comparable to Council Capital's model.
• Webster Equity Partners: Healthcare services-dedicated PE firm investing in lower middle market companies with similar check size and operating partner involvement. Comparable to Council Capital's healthcare services and tech-enabled services focus.

Broad incumbents

• TPG Capital (Healthcare): Large diversified PE firm with a substantial healthcare-dedicated investment practice across services and technology. Although broader and larger than Council Capital, TPG's healthcare team competes for many of the same lower middle market healthcare assets.

Emerging players

• Aldrich Capital Partners: Healthcare and technology-focused lower middle market PE firm with comparable fund size and operator engagement model. Emerging peer with similar thesis around tech-enabled healthcare services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/council-ventures

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments29 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Council Capital