CPIhealth, backed by Iron Path Capital, has acquired Midwest Interventional Spine Specialists and Serenity Surgical Center as part of its expansion strategy. The interventional pain management platform, founded by Dr. Matthew Schocket in Austin in 2007, operates clinics and ambulatory surgery centers across six states including Texas, Ohio, Kentucky, Colorado, Minnesota, and Indiana.

This acquisition strengthens CPIhealth's presence in the Midwest healthcare market, where it continues to consolidate interventional pain management services. The company's growth strategy focuses on acquiring specialized spine and surgical centers to expand its network of pain management solutions. With Iron Path Capital's backing, CPIhealth has been actively pursuing strategic acquisitions to build scale in the fragmented interventional pain management sector.

The deal demonstrates continued investor interest in healthcare platforms that consolidate specialized medical services. As healthcare providers face increasing pressure to improve efficiency and outcomes, platforms like CPIhealth that combine multiple pain management specialists under one umbrella are becoming increasingly attractive acquisition targets in the private equity market.