We had four exciting panels at our 2024 Annual General Meeting, each highlighting a pillar of Council’s sustainable value-creation strategies. The fourth panel, title “Execution Support” was a conversation on how the Council Capital team empowers portfolio companies to grow through high-touch operations and execution support. The conversation featured Chris Feeney and Ken Hannigan, the founders of PMPK and leaders of portfolio companies Accuro and OccMD/Allegiant Managed Care.
Key highlights from the discussion include:
- Finding a niche: PMPK’s deep experience in the workers’ compensation space is a result of finding a unique niche, developing strong relationships, and dedicating time to becoming a deep expert
- Council Capital capabilities: Council Capital’s value creation capabilities have evolved over the 15 year relationship with PMPK from ad hoc financial support to full, end to end execution support that when leveraged can result in meaningful positive impact
- Private equity and portfolio company relationships: The best way for a portfolio company to optimize their relationship with a private equity firm is to define a shared vision and objectives from day one of the investment
As demonstrated in this panel, Chris and Ken’s long relationship with Council Capital is a result of deep expertise from portfolio leadership combined with Council’s growing and evolving value creation capabilities that ultimately contribute to successful investments.
About Council Capital
Council Capital is a healthcare-focused private equity firm based in Nashville, Tennessee. Council Capital invests in lower middle market healthcare-related companies where it believes it can drive growth by applying its Council Model, which draws upon the resources and experience of its CEO Council (experienced industry executives), Strategic Healthcare Investors, and Value Creation Team. Council Capital leverages its Council Model to attract and support leading management teams and portfolio companies on the ‘right side’ of change in the healthcare industry – where growth will accelerate as cost pressure and quality demands increase. Council Capital targets control and minority investments with enterprise values typically between $10 million and $50 million. For more details, please visit www.councilcapital.com.