Council Capital has announced it has sold its stake in EspriGas to an entity affiliated with Kaltroco.

EspriGas, based in Atlanta, is a medical and industrial gas company.

Council Capital, based in Nashville, Tenn., is a healthcare-focused private equity firm. Council seems to make control and minority investments in lower-middle-market companies with enterprise values between $10 million and $50 million.

Kaltroco is a private investment company with operations in United States and Europe.

Terms of the transaction were not disclosed.