BrightStar Care Announces Acquisition by Peak Rock Capital Affiliate, Ushering in a New Era of Growth

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BrightStar Care Looks to Accelerate Growth with New Partner Peak Rock Capital

BANNOCKBURN, IL. March 3, 2025 – BrightStar Care, the nation’s premier home care and medical staffing franchisor with over 400 locations nationwide, has been acquired by an affiliate of Peak Rock Capital, a leading middle-market private equity firm. The acquisition is a strategic move for the category-leading BrightStar Care as the company continues its national expansion and increases investment in its industry leading capabilities.

BrightStar Care sought a partner that aligned with its mission, vision and values. Peak Rock Capital not only shares an enthusiasm for BrightStar Care’s clinical excellence but also brings expertise and investment to accelerate innovation, enhancing BrightStar Care’s ability to support franchisees in serving families nationwide. This partnership provides the resources to drive growth, support the franchise system, and uphold the brand’s commitment to excellence for generations to come.

“BrightStar Care is more than just a business, it’s a commitment to the families who trust us, the franchisees who invest in us, and the caregivers who dedicate their lives to serving others,” said BrightStar Care’s founder, Shelly Sun Berkowitz. “Ensuring BrightStar Care’s continued strong growth required moving beyond ownership held in a single shareholder.  This partnership was about accelerating our growth —creating a structure that ensures we continue to lead, innovate, and honor our commitments for decades to come.”

As the leading franchisor in clinically-differentiated home health and senior care, BrightStar Care has long been at the forefront of innovation—leveraging technology and data-driven care with a steadfast commitment to quality. The partnership with Peak Rock enables the company to fast-track key investments, particularly in technology and marketing, ensuring it remains ahead in an evolving industry. BrightStar Care was highly selective in choosing a partner that shares its dedication to the company’s differentiated quality of care, customer experience, and franchisee support model. With Peak Rock Capital’s resources, expertise, and support, BrightStar Care is positioned to scale faster and continue delivering a higher standard of care.

“We have found a strong partner in Peak Rock Capital, a group aligned with BrightStar Care’s mission and vision for the future,” said BrightStar Care CEO Andy Ray. “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.”

Today marks a transformative moment for BrightStar Care, enabling accelerated growth and expansion into new territories at an unprecedented pace. With the support of Peak Rock Capital, the company will increase the number of locations, while broadening access to high-quality care for families nationwide. Franchisees will benefit from enhanced marketing resources, increased purchasing power, and an expanded national account portfolio, positioning them for sustained growth.

By fast-tracking investments in technology and marketing, BrightStar Care is driving efficiency, profitability, and a stronger return for franchise owners. Committed to the company’s future, Berkowitz will retain a material ownership stake and remain actively involved as a board member and advisor. With the support of Peak Rock Capital, BrightStar Care is well-positioned to expand its impact and uphold its mission for years to come.

For more information on BrightStar Care please visit http://www.brightstarcare.com.

JP Morgan and Boxwood Partners served as the financial advisors and Latham & Watkins served as legal counsel to BrightStar.  Lincoln International served as the financial advisor and McDermott Will & Emery served as legal counsel to Peak Rock.

About BrightStar Care:
Founded in 2002, BrightStar Care is a national home care agency with more than 400 corporate-owned and franchised locations nationwide that provide medical and non-medical home health care services to clients and supplemental care staff to businesses. BrightStar Care corporate and franchise agencies across the country employ more than 15,000 caregivers and 5,700 registered nurses who oversee the care and safety of each individual client. BrightStar Care offers custom medical staffing solutions to corporate entities and holds national accounts with government agencies across distinct patient populations providing healthcare staff anywhere care is needed. Female-founded by Shelly Sun Berkowitz, BrightStar Care is committed to providing a higher standard of care through its clinical nurse-led care model. Network-wide BrightStar Care agencies are Joint Commission accredited – the gold standard within the health care industry. BrightStar Care has also consecutively received The Joint Commission Enterprise Champion for Quality award for more than a decade.

ABOUT PEAK ROCK CAPITAL

Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe.  Peak Rock’s equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and profit improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital.  Peak Rock’s credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock’s real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit www.peakrockcapital.com.

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