Fullscript Receives Major Investment from HGGC and Snapdragon
Deal News | May 05, 2025 | Leonard Green and Partners
Fullscript, a healthcare platform specializing in whole-person care, has secured additional investment from HGGC and Snapdragon Capital Partners, with Leonard Green & Partners leading the new phase through a continuation vehicle. Originally invested in by HGGC and Snapdragon in 2021, Fullscript aims to continue its growth trajectory by expanding its technological capabilities and service offerings, thereby empowering more health practitioners to provide personalized, proactive care. This investment underpins investor confidence in Fullscript's innovative model and long-term market potential. Fullscript currently supports over 100,000 healthcare providers and 10 million patients by offering a range of clinical tools for personalized care delivery. Leonard Green & Partners, a Los Angeles-based private equity firm, will support Fullscript's next growth stage, reflecting their commitment to investing in high-quality, market-leading companies with sustainable growth. HGGC and Snapdragon continue to support Fullscript's leadership team and growth vision.
Sectors
- Healthcare
- Private Equity
Geography
- United States – Main participants including HGGC, Snapdragon Capital Partners, and Leonard Green & Partners are based in the United States.
- Canada – Fullscript is based in Ottawa, Ontario, and represents the Canadian geography in this transaction.
Industry
- Healthcare – Fullscript operates in the healthcare industry, providing a platform that enables whole-person care through supplement prescribing, lab management, and patient adherence tools.
- Private Equity – The article involves private equity investments by firms like HGGC, Snapdragon Capital Partners, and Leonard Green & Partners in the healthcare sector.
Financials
- $8 billion – Cumulative capital commitments managed by HGGC.
- $75 billion – Assets under management by Leonard Green & Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fullscript | Target Company | Company | A healthcare platform focused on whole-person care, offering clinical tools for providers and patients. |
| HGGC | Investor | Company | A private equity firm that invests in middle-market companies, with over $8 billion in capital commitments. |
| Snapdragon Capital Partners | Investor | Company | A growth equity and buyout firm focusing on modern consumer and growth companies. |
| Leonard Green & Partners | Investor | Company | A Los Angeles-based private equity firm managing $75 billion in assets, focusing on market-leading companies. |