Lafayette Square has provided a senior secured loan through its SSBIC investment vehicle to support the continued expansion of Prime IV Hydration and Wellness, Inc., a Colorado Springs-based franchisor of IV therapy and related wellness services.
Founded in 2017 by Amy Neary, Prime IV has grown into a national leader in IV hydration therapy, with 189 active locations across 40 states. The company offers customizable and safety-compliant IV drips designed to support recovery, stress reduction, anti-aging and general wellness, delivered in a spa-like environment called the “Prime 1-Hour Vacation.” Prime IV also offers additional services including bioidentical hormone replacement therapy (BHRT), peptides and NAD+. Prime IV was ranked #1 brand in the IV Therapy Category and recognized as a “Best of the Best” Franchise by the Entrepreneur Magazine Franchise 500 ranking in 2024 and 2025.
“Prime IV is the type of business our non-sponsored investment approach is designed to support. This is a direct loan to a company headquartered outside a major financial center, where businesses typically struggle with access to flexible, long-term capital. For our investors, these characteristics are advantages: they allow us to originate loans to established, overlooked operators with resilient fundamentals,” said Aquil Stinson, Director at Lafayette Square. “Amy has built a high-performing franchise system that is expanding nationally, and we are eager to be a capital partner who contributes to its growth and success.”
Beyond capital, Lafayette Square provides support and incentives to portfolio companies through its affiliated managerial assistance program, Worker Solutions®, a tailored benefits offering seeking to reduce turnover and operational risk while improving job quality, retention, and productivity.
“This investment represents more than growth capital for Prime IV; it reflects confidence in a woman-owned business that has scaled from outside traditional financial hubs,” said Ms. Neary. “It can be hard for some independent companies to find financing partners who understand our model. Lafayette Square recognizes the strength of our franchise model and the demand for accessible wellness solutions nationwide. We’re excited to work together to bring Prime IV to even more communities.”
Boxwood Partners served as the exclusive sell-side financial advisor to Prime IV.
