Pharos Capital Group is a private equity firm based in Dallas, Texas, founded in 1998 by physicians. The firm specializes in providing later-stage equity funding to support the growth of companies, particularly in the healthcare sector, with an emphasis on enhancing patient outcomes, lowering the total cost of care, and increasing access in underserved markets. Pharos Capital Group aims to address healthcare inequities, focusing on both urban and rural communities across the United States. While it has historically invested in business services as well, its primary concentration is now on healthcare companies that align with its mission and address specific United Nations Sustainable Development Goals related to health and poverty.
RhythMedix offers the healthcare community leading edge diagnostics which are supported by outstanding service, support and patient care.
Renal Care 360
Private Equity Round in 2022
Renal Care 360º is a comprehensive chronic care management company partnering with health systems, physician groups and payors to provide enhanced community healthcare management services. By focusing on the early detection of undiagnosed chronic conditions using RC360º proprietary data analytics, Renal Care 360º offers early interventions with personalized education engagement for behavior modification to slow disease progression.
Sanderling
Private Equity Round in 2022
Sanderling brings high quality dialysis and nephrology services to rural communities and home dialysis patients across the USA.
Thema Health Services
Acquisition in 2021
THEMA Health Services offers hospice, skilled home health, and palliative care services primarily for senior citizens, terminally ill patients, and those with neurological disorders. The company provides a comprehensive array of in-home care options, including postoperative care and medication management, aimed at helping patients manage various medical conditions such as diabetes, congestive heart failure, gastrointestinal diseases, stroke, hypertension, and neurological disorders. By focusing on patient comfort and independence, THEMA Health Services strives to enhance the quality of life for individuals needing assistance with their health challenges.
Vantage Outsourcing
Acquisition in 2021
Vantage Outsourcing hasbeen providing ophthalmic instruments, medical equipment, and services to hospitals and surgery centers, small and large, rural and metropolitan, since inception in 1990. The company was started as Vantage Technology, a name which it held for the first 18 years of its existence. The genesis of the company was the realization by founder and CEO Ann Deters that many more hospitals and surgeons would be able to provide the latest in cataract surgery technology to their communities if there were an alternative to expensive ophthalmic medical equipment, instrument and disposable supply purchases. Nearly two decades later, that original vision is still the heart of Vantage's mission, but the company has grown over the years to offer a full complement of eyecare services, including supplying everything needed to efficiently and cost-effectively conduct eye-related surgeries — from the surgeon's choice of intraocular lenses, ophthalmic instruments, and surgical disposables, to the services of a trained technician to help the operating room staff. Vantage Outsourcing has expanded its company goal of providing ophthalmic medical equipment to sharing the equipment with several facilities. This has worked to alleviate costs and eliminate capital investments for many surgery centers. Vantage has saved the healthcare industry over $60 million in capital costs. Vantage Outsourcing, renamed in 2009 to better reflect its mission of providing a host of outsourced services, currently works with more than 150 clients in the Midwest, North, South, East and Southeast regions from its home office in Effingham, Illinois and 10 satellite locations.
ABA of North Texas
Acquisition in 2018
ABA of North Texas, LLC, established in 2012 and located in Plano, Texas, specializes in delivering behavioral health services for children and young adolescents with autism and other developmental disabilities. As a subsidiary of The Family Treatment Network Inc. since 2018, the organization is dedicated to providing high-quality, individualized programs tailored to each child's unique needs. Their highly trained staff focuses on maximizing client potential in various settings, including home, school, and community environments. By offering in-home consultation and supervision, ABA of North Texas aims to help children leverage their strengths and address their challenges, fostering lasting positive changes in their lives.
Charter Health Care Group
Acquisition in 2018
Charter Health Care Group ("Charter") is an integrated post-acute care provider offering hospice, home health, and transitional care services. With over 1,000 patients and eight locations across San Bernardino, Riverside, Los Angeles, Ventura and Orange counties, the company has established a deep presence in the Southern California market and has uniquely positioned itself as a trusted partner for hospital systems, managed care organizations, assisted living facilities, skilled nursing facilities, medical groups, and surrounding communities.
Horizon Oncology
Acquisition in 2018
Horizon Oncology provides comprehensive cancer and hematology services, focusing on delivering high-quality healthcare to patients. The organization emphasizes advanced technological options and premier clinical expertise, which includes opportunities for participation in early-phase clinical trials. Horizon Oncology is committed to ensuring that patients receive personalized care in a respectful and professional environment.
Behavior Care Specialists
Acquisition in 2018
Behavior Care Specialists, Inc. is a behavioral treatment provider that specializes in services for autism spectrum disorder (ASD) using the principles of Applied Behavior Analysis (ABA). Founded in 2006 and headquartered in Sioux Falls, South Dakota, the company serves children and adolescents across South Dakota, Iowa, Minnesota, and Wyoming. Behavior Care Specialists offers a comprehensive range of services, including clinical diagnostic assessments, early behavioral intervention, center-based treatments, adult diagnostic services, and functional behavioral assessments. The organization is committed to delivering tailored treatment plans in various settings, including clinics, schools, and homes, ensuring that individuals with ASD receive the necessary support for their development and well-being. As of January 2018, Behavior Care Specialists operates as a subsidiary of The Family Treatment Network Inc.
Verdi Oncology
Private Equity Round in 2018
Verdi Oncology is an oncology practice and clinical research management company that aims to establish a network of community oncology practices. The company collaborates with high-quality oncology physicians to provide patient-centered care in a value-based environment. Verdi's services encompass clinical trials, value-based contracting, and quality systems, all designed to enhance patient outcomes and expand access to care. By focusing on these areas, Verdi Oncology seeks to lower the overall cost of care while promoting sustainable growth and scalability within the healthcare sector.
Carolina Complete Health Network
Acquisition in 2018
Carolina Complete Health Network, Inc. is a North Carolina-based organization established in 2016 that focuses on serving Medicaid beneficiaries through a managed care model. The company operates a physician-led network dedicated to implementing value-based healthcare services. By utilizing data-driven, outcomes-based approaches, Carolina Complete Health Network aims to enhance the standard of care while improving affordability. Its mission includes collaborating with hospitals and managed care providers to deliver effective managed care services tailored to the needs of Medicaid recipients.
Logan River Academy
Acquisition in 2016
Logan River Academy, located in Logan, Utah, is an adolescent residential treatment center dedicated to supporting students with neurodiverse profiles. The academy combines education and therapy within a nurturing environment, offering a fully-accredited educational program alongside a comprehensive range of counseling services, including group, individual, family, and substance abuse therapy. The clinical team consists of various specialists, such as psychiatrists, psychologists, social workers, and mental health counselors, who utilize evidence-based therapy models, including cognitive-behavioral therapy and dialectical behavior therapy. With over 13 years of experience, Logan River Academy has successfully served more than 1,100 students, helping them improve their functioning and reintegrate as productive members of their families and communities.
TECHLAB
Acquisition in 2016
TECHLAB, Inc. specializes in the research, development, manufacture, and distribution of non-invasive intestinal diagnostic products. Founded in 1989 and headquartered in Blacksburg, Virginia, with a manufacturing facility in Radford, the company offers a range of in vitro diagnostics. These include tests for clostridium difficile, intestinal inflammation, and common intestinal parasites such as giardia and cryptosporidium. TECHLAB also provides rapid tests known as QUIK CHEK®, which deliver accurate results within 30 minutes. Additionally, the company offers diagnostics for C. perfringens and its toxins, along with onsite training and technical support services. Its products are marketed through various channels, including telephone, fax, email, and mail orders, both in the United States and internationally.
FasPsych
Acquisition in 2016
FasPsych, LLC is a staffing solutions provider specializing in the behavioral health services industry, founded in 2007 and based in Scottsdale, Arizona. The company addresses the increasing demand for behavioral health services by offering a network of contracted psychiatrists and psychiatric nurse practitioners. These professionals deliver a range of telepsychiatry services, including psychiatric evaluations, consultations, medication management, and on-call support. FasPsych's innovative approach allows clients to access necessary psychiatric care remotely, bridging the gap for individuals who may not have immediate access to mental health professionals. By managing a specialized pool of qualified providers, FasPsych aims to meet the diverse needs of its clients effectively.
Beacon Specialized Living Services
Venture Round in 2016
Founded in 1998, Beacon Specialized Living Services (www.beaconserv.org) offers behavioral healthcare through specialized residential adult foster care (AFC) facilities and community living service apartments in 30 locations across western and northern Michigan. The company serves developmentally disabled, mentally ill, and autistic adults, as well as those challenged with substance abuse, addiction, dementia, and Alzheimer’s, in a behavioral healthcare setting.
Dermatology and MedSpa
Acquisition in 2016
Dermatology and MedSpa, Inc. combines medical/surgical dermatology with cosmetic dermatology services and a full service medical spa in one center. The Company, formerly known as The Dermatology Center, operates multiple locations in the Washington, D.C. area. Dermatology and MedSpa, Inc. delivers exceptional patient care with a team consisting of 11 board certified dermatologists, one board certified plastic surgeon, knowledgeable, devoted staff and state-of-the art clinical facilities including a surgery center.
The Family Treatment Network
Private Equity Round in 2016
The Family Treatment Network (FTN) is a comprehensive platform that provides a range of behavioral health services tailored for children, adolescents, and their families. The organization operates various subsidiaries, including residential therapy centers, therapeutic day schools, and home and community-based outpatient programs, all designed to address diverse mental health needs. FTN places a strong emphasis on autism and Applied Behavior Analysis (ABA) therapy, ensuring that its offerings are of the highest quality. With a commitment to delivering best-in-class care, FTN aims to support the full continuum of behavioral health services across the United States, integrating both educational and therapeutic approaches to enhance the well-being of its clients.
Motion PT Group
Acquisition in 2015
Motion PT Group is a provider of physical and occupational therapy services across northeastern America. The company offers a range of expert care, including physical therapy, occupational therapy, speech therapy, and sports medicine. Motion PT Group specializes in various treatment areas such as orthopedics, sports medicine, hand and upper extremity rehabilitation, neurological rehabilitation, diabetic neuropathy, and aquatic therapy. Through its comprehensive approach, the company aims to help patients recover from sports injuries and surgery, enabling them to achieve their full potential.
Sona Dermatology & MedSpa
Private Equity Round in 2015
Sona Dermatology & MedSpa is a comprehensive aesthetics provider in the United States, offering a wide range of cosmetic dermatology and medspa services. With 19 facilities, Sona caters to both men and women in a spa-like environment that emphasizes exceptional service, efficacy, and safety. The company specializes in various treatments, including laser hair removal, laser skin services for anti-aging, acne management, and cellulite reduction. Additionally, Sona provides specialized products such as exfoliating and gentle cleansing towelettes, vitamin blast treatments, and collagen-boosting gels for lip and eye care. Under the guidance of experienced Medical Directors, Sona's team of 75 treatment professionals utilizes advanced technology to ensure clients achieve natural-looking results.
The Difference Card
Acquisition in 2014
The Difference Card is a national company that specializes in healthcare cost containment and wellness programs, primarily serving small and mid-sized businesses across the United States. With a presence in major cities including White Plains, NY; San Francisco, CA; and Chicago, IL, the company offers comprehensive, integrated healthcare services tailored for both fully insured and self-insured employers. Its innovative technology solutions help clients promote employee health and wellness while effectively addressing rising healthcare costs. The Difference Card is noted for its high client satisfaction, boasting a retention rate of nearly 90%, attributed to its commitment to providing effective cost containment strategies and wellness initiatives that encourage employee participation in health assessments, screenings, and educational webinars.
Seaside Healthcare
Acquisition in 2014
Seaside Healthcare specializes in providing behavioral healthcare services for adults and the elderly. The company operates a network of facilities focused on mental health treatment, offering a range of services including psychiatric care, substance abuse rehabilitation, dual diagnosis treatment, and outpatient care. Seaside Healthcare is committed to enhancing the lives of its patients and their communities by delivering compassionate and respectful treatment tailored to individual needs. The firm emphasizes cost-effective rehabilitation options, ensuring that patients receive the appropriate level of care suited to their specific circumstances.
Motion PT Group
Private Equity Round in 2014
Motion PT Group is a provider of physical and occupational therapy services across northeastern America. The company offers a range of expert care, including physical therapy, occupational therapy, speech therapy, and sports medicine. Motion PT Group specializes in various treatment areas such as orthopedics, sports medicine, hand and upper extremity rehabilitation, neurological rehabilitation, diabetic neuropathy, and aquatic therapy. Through its comprehensive approach, the company aims to help patients recover from sports injuries and surgery, enabling them to achieve their full potential.
Seaside Healthcare
Private Equity Round in 2013
Seaside Healthcare specializes in providing behavioral healthcare services for adults and the elderly. The company operates a network of facilities focused on mental health treatment, offering a range of services including psychiatric care, substance abuse rehabilitation, dual diagnosis treatment, and outpatient care. Seaside Healthcare is committed to enhancing the lives of its patients and their communities by delivering compassionate and respectful treatment tailored to individual needs. The firm emphasizes cost-effective rehabilitation options, ensuring that patients receive the appropriate level of care suited to their specific circumstances.
Alereon
Venture Round in 2012
Alereon, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development and marketing of ultra wideband (UWB) wireless chipsets for various applications. The company offers products such as the AL5100 RF transceiver, which integrates multiple analog front-end components for seamless connectivity, and the AL5350 MAC/BBP, designed for WiMedia UWB systems. Alereon aims to simplify networking by eliminating the need for cables, allowing for easy connections between personal computers, consumer electronics, and mobile devices. Their offerings include pre-built evaluation kits for demonstration and prototyping, as well as wireless USB adapter kits and Ethernet cable replacement solutions. The company serves a diverse range of markets, including consumer electronics, medical, and military and public safety sectors. Founded in 2003, Alereon continues to innovate in wireless technology to enhance connectivity for its customers.
Alereon
Venture Round in 2008
Alereon, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development and marketing of ultra wideband (UWB) wireless chipsets for various applications. The company offers products such as the AL5100 RF transceiver, which integrates multiple analog front-end components for seamless connectivity, and the AL5350 MAC/BBP, designed for WiMedia UWB systems. Alereon aims to simplify networking by eliminating the need for cables, allowing for easy connections between personal computers, consumer electronics, and mobile devices. Their offerings include pre-built evaluation kits for demonstration and prototyping, as well as wireless USB adapter kits and Ethernet cable replacement solutions. The company serves a diverse range of markets, including consumer electronics, medical, and military and public safety sectors. Founded in 2003, Alereon continues to innovate in wireless technology to enhance connectivity for its customers.
Handango
Series C in 2008
Handango specializes in providing smartphone applications for various platforms, including BlackBerry, Palm, Windows Mobile, Symbian OS, and Linux. The company boasts a catalog of over 140,000 applications, covering a wide range of categories such as games, business, entertainment, and productivity tools. Handango collaborates with a vast network of content partners, exceeding 23,000, to distribute its mobile applications to millions of consumers globally. Users can conveniently download applications through the Handango website, partner sites, SD cards, and its proprietary on-device catalog, InHand. This platform enables direct purchases and over-the-air downloads, enhancing user accessibility. Handango's expertise in mobile content has attracted partnerships with notable companies in the industry, reinforcing its position as a key player in the mobile application market.
Alereon
Series B in 2007
Alereon, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development and marketing of ultra wideband (UWB) wireless chipsets for various applications. The company offers products such as the AL5100 RF transceiver, which integrates multiple analog front-end components for seamless connectivity, and the AL5350 MAC/BBP, designed for WiMedia UWB systems. Alereon aims to simplify networking by eliminating the need for cables, allowing for easy connections between personal computers, consumer electronics, and mobile devices. Their offerings include pre-built evaluation kits for demonstration and prototyping, as well as wireless USB adapter kits and Ethernet cable replacement solutions. The company serves a diverse range of markets, including consumer electronics, medical, and military and public safety sectors. Founded in 2003, Alereon continues to innovate in wireless technology to enhance connectivity for its customers.
Pioneer Surgical
Venture Round in 2007
Pioneer Surgical Technology is a Michigan-based medical company that specializes in providing a range of implants to surgeons, including biologic, metal, and synthetic options. Established in 1992 by Edward Ahn, the company offers products such as cardiothoracic metal cables, planting systems, orthobiologics, and sports medicine solutions. In addition to implant manufacturing, Pioneer Surgical Technology also provides donor services, facilitating tissue donation for individuals. The company is dedicated to supporting surgical procedures with innovative and reliable implant solutions.
Handango
Series B in 2006
Handango specializes in providing smartphone applications for various platforms, including BlackBerry, Palm, Windows Mobile, Symbian OS, and Linux. The company boasts a catalog of over 140,000 applications, covering a wide range of categories such as games, business, entertainment, and productivity tools. Handango collaborates with a vast network of content partners, exceeding 23,000, to distribute its mobile applications to millions of consumers globally. Users can conveniently download applications through the Handango website, partner sites, SD cards, and its proprietary on-device catalog, InHand. This platform enables direct purchases and over-the-air downloads, enhancing user accessibility. Handango's expertise in mobile content has attracted partnerships with notable companies in the industry, reinforcing its position as a key player in the mobile application market.
Egenera
Series E in 2006
Egenera, Inc. is a provider of cloud services and data center infrastructure management software, headquartered in Boxborough, Massachusetts, with additional offices in Tokyo and Dublin. Founded in 2000, the company specializes in delivering the Egenera Cloud Suite, which includes PAN Cloud Director, PAN Manager, and PAN Domain Manager. This suite allows enterprises and service providers to design, deploy, manage, and protect IT as a cloud service. Egenera's offerings also encompass the Xterity Cloud Service, which provides dedicated, managed, private, and hybrid cloud services, including Infrastructure as a Service, Disaster Recovery as a Service, and Backup as a Service, primarily through partnerships with managed service providers and independent software vendors. The company supports a diverse clientele, including enterprise data centers, government agencies, and various service providers globally, and maintains partnerships with leading technology firms to enhance its product capabilities. In addition to software solutions, Egenera offers consulting, training, and various support services to its clients.
VeriCenter
Venture Round in 2006
VeriCenter is a leading provider of managed hosting, colocation, and IT outsourcing services for mid-size to-large enterprises. From their nationwide network of seven premier data center facilities, they provide a comprehensive scope of managed services including management of servers, storage, backups, network, databases, and security to more than 600 business customers in a broad range of industries. Their centralized service delivery model provides a better way to achieve reliability, scalability, and cost-effectiveness for your IT infrastructure in support of enterprise applications, Web sites, software-as-a-service (SaaS) applications, disaster recovery solutions, and general business infrastructure. They are ideally positioned to guide your enterprise through the industry evolution toward utility computing.
Aurora Imaging Technology
Series C in 2006
Aurora Imaging Technology is a designer of MRI systems to fight against breast cancer. Their breast MRI system with 3-D bilateral breast imaging provides diagnosis and biopsy of breast cancer to clinicians and their patients.
Windsor Health Group
Series A in 2006
Windsor Health Group is a managed healthcare company that specializes in government-sponsored health plans. It offers managed care services primarily aimed at Medicaid and Medicare programs, facilitating reliable healthcare solutions for clients within the insurance and healthcare provider sectors. Through its focus on government-sponsored initiatives, Windsor Health Group strives to ensure that individuals and communities have access to essential healthcare services.
MCCI Medical Group
Private Equity Round in 2006
MCCI is a physician group that has expanded over the years from their origin as practicing physicians. They analyzed their ways of doing things and found ways to improve them. It has increased their attention to our patients, and has thereby improved our product and goal—their patients health. They have applied this model and have successfully grown to a group including over 100 Primary Care Physicians and 200 Affiliated Specialists.
Alereon
Series B in 2005
Alereon, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development and marketing of ultra wideband (UWB) wireless chipsets for various applications. The company offers products such as the AL5100 RF transceiver, which integrates multiple analog front-end components for seamless connectivity, and the AL5350 MAC/BBP, designed for WiMedia UWB systems. Alereon aims to simplify networking by eliminating the need for cables, allowing for easy connections between personal computers, consumer electronics, and mobile devices. Their offerings include pre-built evaluation kits for demonstration and prototyping, as well as wireless USB adapter kits and Ethernet cable replacement solutions. The company serves a diverse range of markets, including consumer electronics, medical, and military and public safety sectors. Founded in 2003, Alereon continues to innovate in wireless technology to enhance connectivity for its customers.
Travel Holdings
Venture Round in 2004
Travel Holdings, Inc. is a prominent global travel distribution company established in 2004 through the merger of Tourico Holidays, LastMinuteTravel.com, and Travel Global Systems. The company utilizes proprietary technology to offer a wide range of travel inventory, including hotels, flights, cruise lines, attractions, and car rentals, at competitive prices. It serves various segments of the online travel industry, such as retail, wholesale, group travel, travel agents, and corporate clients. Headquartered in Orlando, with additional offices in South America, Europe, and Asia, Travel Holdings operates a dedicated customer service team based in Orlando that provides support in 13 languages. Its technology division, Travel Global Systems, is based in Tel Aviv and delivers innovative solutions that enhance the company’s services and partnerships. By contracting directly with travel providers, Travel Holdings enables its partners to manage high-volume transactions and reservations efficiently.
Alereon
Series A in 2004
Alereon, Inc. is a fabless semiconductor company based in Austin, Texas, specializing in the development and marketing of ultra wideband (UWB) wireless chipsets for various applications. The company offers products such as the AL5100 RF transceiver, which integrates multiple analog front-end components for seamless connectivity, and the AL5350 MAC/BBP, designed for WiMedia UWB systems. Alereon aims to simplify networking by eliminating the need for cables, allowing for easy connections between personal computers, consumer electronics, and mobile devices. Their offerings include pre-built evaluation kits for demonstration and prototyping, as well as wireless USB adapter kits and Ethernet cable replacement solutions. The company serves a diverse range of markets, including consumer electronics, medical, and military and public safety sectors. Founded in 2003, Alereon continues to innovate in wireless technology to enhance connectivity for its customers.
Atherotech Diagnostics Lab
Private Equity Round in 2002
Atherotech, Inc. is a clinical reference laboratory based in Birmingham, Alabama, specializing in cardiometabolic testing and disease management solutions. The company is known for its VAP+ (Vertical Auto Profile) Lipid Panel, which utilizes patented density gradient ultracentrifugation technology to provide a comprehensive measurement of cholesterol content across various lipid components and subclasses. This innovative testing enables clinicians to better stratify cardiovascular risk and tailor personalized treatment strategies for improved health outcomes. In addition to its core testing services, Atherotech offers consulting and educational resources to healthcare providers and patients, serving a diverse client base that includes physicians, hospitals, and clinics across the United States. Founded in 1996, Atherotech operates as a subsidiary of Ningbo Alabama LLC.
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