Industry Bulletins | May 18, 2018
NewSpring Capital, PCOM Invest In Vybe Urgent Care Clinics
NewSpring Capital and the Philadelphia College of Osteopathic Medicine (PCOM) made a substantial invest in Philadelphia-based Vybe Urgent Care Clinics. The financial details of the investment have not been disclosed.
According to company statements, Vybe will use the funding to open 15 new centers by the end of 2019. As a result of the transaction, Kapila Ratnam and Jay S. Feldstein of NewSpring and PCOM, respectively, will be joining Vybe’s board of directors. Through the collaboration, PCOM will help Vybe create educational programs for clinical professionals, as well as allow its students opportunities to train at Vybe’s . . .