New State Capital Partners
Founded in 2013, New State invests in middle market companies with EBITDA from $8 million to $25 million. The firm, based in Larchmont, N.Y., typically invests $10 million to $45 million in equity in companies serving healthcare and other industries. Companies in its portfolio include United Medical Systems, a provider of mobile medical services to hospitals, surgery centers and offices; New Vista Behavioral Health, which offers subacute-detox, residential, partial hospitalization, intensive outpatient and outpatient treatment services in California facilities; and Capitol Pain Institute, a provider of pain management services to the greater Austin, Texas, area.
