02
What we acquire,
and what we do not.
Two mandates. One discipline. Narrowness is what compounds.
Crownestone
Health Partners
Founder-led healthcare services with durable cash flow, recurring revenue, and a defensible specialty position. The mandate excludes facility-based ambulatory care — preserved for a separate platform inside Recio Holdings.
01
Revenue Cycle Management
Specialty RCM firms serving physician groups and clinical practices, with recurring billing infrastructure and founder-led operations.
02
Specialty Healthcare Staffing
Credentialed placement firms in clinical, regulatory, and scientific specialties — biostatistics, regulatory affairs, and specialty clinical roles.
03
Behavioral Health Services
Outpatient mental health, addiction treatment, and behavioral therapy services with established payor relationships and recurring revenue.
04
Home Health & Hospice
Demographically supported services with recurring revenue and meaningful opportunity for technology-enabled operational improvement.
05
Pharma & Biotech Services
Specialty toxicology, bioanalytical services, clinical data management, and regulatory affairs services supporting pharmaceutical clients.
06
Specialty Diagnostics (Service)
Interpretation services, specialty pathology, and niche reference laboratory services — non-facility-based and service-revenue oriented.
07
Healthcare IT Services
Implementation, managed services, and data analytics firms serving healthcare organizations with credentialed practitioners.
Crownestone
Business Partners
Cash-flow businesses outside the healthcare thesis. Same permanent-capital philosophy. Same operational standards. A second mandate, narrowly defined, for adjacent compounding.
01
B2B Service Businesses
Recurring-revenue services with modest capital requirements and strong cash flow conversion.
02
Niche Manufacturing
Specialty manufacturers serving defined customer bases with limited direct competition.
03
Industrial Services
Maintenance, repair, and specialty services with recurring contractual revenue.
04
Specialty Distribution
Distribution businesses with established supplier and customer relationships in defined commercial niches.
05
Professional Services
Engineering, technical, and regulatory professional services firms led by credentialed practitioners.
Southeast United States.
Florida, Georgia, the Carolinas, Tennessee, and adjacent corridors. Proximity is not a constraint. It is a feature. Long-horizon ownership benefits from physical presence with the businesses we steward.
01
Florida
02
Georgia
03
North Carolina
04
South Carolina
05
Tennessee
Built on Legacy. Positioned for Generations.