Brightstar Care has been taken over by a affiliated firm of Peak Rock Capital, a Middenmarkt Personal Fairness firm, in collaboration with the founding father of the corporate, Shelly Solar Berkowitz.

“I imagine that our collaboration with Peak Rock helps Brightstar Care to proceed its mission to supply prospects of top of the range compassionate care in the home, and to make investments to facilitate steady progress with present and new franchisees,” Solar Berkowitz stated in a press launch. “I stay up for working with the Peak Rock group throughout the subsequent progress part of the corporate.”

The monetary particulars of the transactions weren’t introduced. JP Morgan and Boxwood Companions served as monetary advisers concerning the deal.

Brightstar Care, based in 2002, is a provider of Thuiszorg, Senior Wonen and Supplementary Employees. The group has intentionally elevated its enterprise property these days.

Earlier this 12 months, the corporate earned a spot on the rating of the 2025 franchise 500 from entrepreneur.

Furthermore, the corporate reached a milestone and hit 400 places within the US in 2024. Lower than 10% of the franchise firms have been capable of attain this scale.

“Brightstar Care stands out due to his distinctive dedication to scientific, excessive -quality house care companies within the franchisemic community,” stated Spencer Moore, director of Peak Rock, within the press launch. “We’re happy to work with Shelly and Brightstar Care Administration and staff to spend money on expertise, advertising and marketing and progress initiatives to assist the corporate's franchisees in working extra sufferers.”

Peak Rock Capital is a PE firm targeted on inventory and debt funding in American and European firms. The sooner investments of the healthcare funding embrace Paragon Healthcare, which gives infusion companies by way of a community of housing infusion juices, outpatient infusion facilities and different specialist pharmacy companies, in keeping with the Peak Rock web site. Paragon was bought final 12 months to Hoogt Well being (NYSE: ELV).

New chapter for Brightstar

Solar Berkowitz partially launched BrightStar to create a 'one-stop-shop', giving prospects entry to non-medical and medical companies by way of a single house care supplier, she stated in an interview in 2020 as a part of the HHCN Changemakers collection.

After BrightStar had adopted the turnover mark of $ 2 million, the aim of scaling the corporate led to a plan that was closely rooted in having a expertise platform to maintain a variety of indicators, together with monetary, buyer, worker and scientific dimensions.

“So we launched our first expertise platform in mid -2004,” Solar Berkowitz informed HHCN. “Each franchiselocation that we as soon as opened has been on that expertise platform, which was actually the important thing to having the ability to gather and distribute our greatest practices.”

Brightstar Care has continued to lean on information lately. The corporate follows the whole lot from falls to well timed care admission.

“Our funding in information has been crucial to stimulate world efficiency, but in addition to stimulate scientific high quality,” stated Solar Berkowitz throughout a panel dialogue on the Dwelling Care 100 convention in February. “We’ve got a patented platform that gave us this intelligence.”

The corporate has additionally fashioned exceptional partnerships with the indicated aim of making a stronger pipeline of staff and to extend the attain within the ecosystem of the upper saving care.

Brightstar Care fashioned a partnership with Chamberlain College for the primary time firstly of 2023.

Final 12 months the corporate expanded its partnership with hospital-at-home-enabler medical at house.

The corporate additionally skilled management modifications when Andrew Ray entered the position of CEO final 12 months. He succeeded founder and outdated CEO Solar Berkowitz.

The Peak Rock Capital Deal marks the most recent chapter for an organization that has seen loads of change that Solar Berkowitz has embraced.

“I say I’m operating to alter,” she stated in her interview with Changemakers. “… Talking if somebody was that an accountant who then began her personal firm, I needed to really feel comfy personally with change. These days, well being care within the business I’ve chosen can be altering shortly. We wish to be within the abyss to steer that change. And I feel Brightstar Care has a historical past of demonstrating. '