PEAK ROCK CAPITAL AFFILIATE COMPLETES ACQUISITION OF BRIGHTSTAR CARE
- Editor
- Mar 3
- 1 min read
Whats Happening:
Peak Rock Capital, a middle-market private equity fund, has completed the acquisition of BrightStar Group Holdings, Inc. (BrightStar Care), a leading franchisor of home care services. The fund is partnering with BrightStar Care's founder, Shelly Sun Berkowitz, to invest in technology, marketing, and growth initiatives to support the company's franchisees in serving more patients.
Key Moves:
Peak Rock Capital acquires BrightStar Care, a leading home care franchisor
Partnership with founder Shelly Sun Berkowitz to drive growth
Investment planned in technology, marketing, and growth initiatives
By The Numbers:
BrightStar Care has over 400 franchised locations nationwide
BrightStar Care franchisees employ more than 15,000 caregivers
The company has 5,700 registered nurses overseeing care and safety
Key Quotes:
"BrightStar Care stands out because of its unique commitment to clinically led, high quality home care services across its franchisee network," said Spencer Moore, Managing Director of Peak Rock.
"I believe our partnership with Peak Rock will help BrightStar Care continue its mission of providing clients with high-quality compassionate care in the home," said Shelly Sun Berkowitz, Founder and Executive Chairwoman of BrightStar Care.
"With Peak Rock Capital, BrightStar Care will broaden access to high-quality care for more families, making key investments as we continue to lead the industry," said BrightStar Care CEO Andy Ray.
Bottom Line:
Peak Rock Capital's acquisition of BrightStar Care demonstrates the fund's commitment to investing in founder-owned businesses with strong growth potential. This move aligns with Peak Rock's strategy of investing in resilient healthcare businesses and franchisors, leveraging their expertise to support rapid growth in the home care services sector.