Sverica Capital Management LP (“Sverica”) announces the sale of its portfolio company RMS Healthcare Management (d.b.a “Med First” or the “Company”). During Med First’s partnership with Sverica, the Company grew from 13 to 27 clinics with 2 additional under letter of intent, while increasing profitability nearly four times and solidifying its market position as a leader within the North Carolina primary care market. Headquartered in Raleigh, NC and founded in 2007 as a small network of urgent care clinics, Med First is one of the leading primary care providers throughout the Carolinas, operating a “hybrid” medical clinic model that provides both primary care and primary-care-on-demand services.
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Source: https://www.businesswire.com/news/home/20250916090604/en/Sverica-Capital-Management-Announces-Sale-of-Med-First