Envest
1206 Laskin Rd, Suite 101, Virginia Beach, VA, 23451, United States
Overview
Envest is a provider of early-stage capital to basic industries in the eastern portion of the United States. It invests in a relatively broad range of basic industries including healthcare, franchising, manufacturing, software, retail, business services, and non-revolutionary technologies. The firm has achieved top decile performance amongst its private equity peer group. The Envest principals have prior experience in general management of both large and small businesses which it believes has been fundamental to its success. In addition to providing equity capital, Envest strives to provide exceptional strategic direction and board governance to its portfolio companies.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Business Development
- Finance
- Financial Services
Investment portfolio
- NuScriptRx
Participated · Series C · Aug 2012
NuScriptRX operates a single Nashville pharmacy center that uses automated dispensing systems and proprietary eMed-StatTM and PharmComTM technologies to provide 24/7 medication access and communications to long-term care nursing facilities in eight states. The company deploys a mail-order model without the geographic limitations of traditional courier-based delivery to reduce drug waste and lower costs. Over the past 18 months it has quadrupled its revenue run-rate to over $30 million and has nearly doubled the size of its central pharmacy. NuScriptRX has created over 60 Tennessee jobs. The company recently announced a new management team led by acting CEO Donald B. Taylor and Jim Beaumariage. It plans to use new capital to build infrastructure and operational excellence to manage growth.
Team
No current team members are available.