An affiliate of Peak Rock Capital will acquire BrightStar Group Holdings (BrightStar Care), according to a news release.
BrightStar Care, founded in 2002 and based in Gurnee, Illinois, is franchisor of home care services with more than 400 agencies nationwide.
Peak Rock, founded in 2012 and based in Austin, Texas, is middle market private equity firm that makes equity and debt investments. The firm targets companies in healthcare and a few other industries operating in North America and Europe. Founded in 2012, Peak Rock seeks to invest $30 million to $500 million in companies with enterprise values of $50 million to $1.5 billion.
Terms of the acquisition were not disclosed.
