Adva-net: Council Capital acquires minority stake in Florida workers' comp company

Funding to support Adva-Net's growth, re-capitalize shareholdersNashville-based private equity firm Council Capital has acquired a minority stake in Adva-Net, a Florida workers' compensation management company.The investment from Council Capital, which has about $300 million under management, will fund Adva-Net's continued growth and re-capitalize existing shareholders. The company manages the cost and quality of pain treatment and post-acute care for workers' compensation patients.read more