August 20th, 2025
CHARLOTTE, NC – August 20, 2025 – Capitala Group (“Capitala”), a leading private markets investment firm providing flexible capital solutions to lower middle-market companies, is pleased to announce its senior debt and equity co-investment in support of the formation of Novellum Longevity (“Novellum” or the “Company”), a management services organization overseeing the operations of longevity and functional wellness clinics nationwide.
Novellum was established through the acquisition of the non-clinical assets of ThriveMD, PC, a Denver-based practice with an additional location in Vail, CO. The Company is focused on providing concierge-style access to advanced preventative care and health optimization services, including hormone replacement therapy, peptide therapy, diagnostic labs, and regenerative medicine. Novellum supports practices delivering high-touch, science-backed aging care that addresses root causes and performance-related concerns through a relationship-driven model.
“Novellum represents an exciting opportunity to back a differentiated healthcare services platform that is aligned with long-term industry trends,” said Joe Alala, III, Founder and CEO at Capitala Group. “We are proud to support this partnership and look forward to contributing to the Company’s national expansion as demand for longevity and functional wellness solutions continues to accelerate.”
Capitala’s investment was made alongside Boyne Capital. The transaction reflects Capitala’s continued focus on investing in innovative platforms and supporting companies that drive meaningful change.
About Capitala Group
Capitala Group is a leading private markets investment firm that has been investing private credit and private equity capital into lower middle-market businesses throughout North America for over twenty-five years. Since our inception in 1998, Capitala has invested and managed over $3.2 billion*, utilizing our flexible capital mandate to deliver creative financing solutions. We aim to partner with strong management teams to create value and support growth through strategic partnerships, operational expertise, and a shared vision for success.
Capitala's ecosystem includes 79 banks on its platform since inception and benefits from a senior leadership team with a combined 195 years of experience. To date, we have invested 35 of the 50 states, further demonstrating our broad reach and commitment to supporting businesses nationwide. For more information, visit www.CapitalaGroup.com
Press Contact:
Katina Cole Jakubowski
Capitala Group
Director of Marketing
kjakubowski@capitalagroup.com
*Includes invested capital since inception, callable capital to commingled funds and available credit facilities, and discretionary and non-discretionary managed accounts.
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