The Rise Fund Acquires Blue Cloud Pediatric Surgery Centers

Great Hill Partners Acquires Majority Stake in Blue Cloud Pediatric Surgery Centers from TPG's The Rise Fund

August 13, 2025

Healthcare Services

Great Hill Partners has acquired a majority interest in Blue Cloud Pediatric Surgery Centers, the largest operator of pediatric dental ambulatory surgery centers in the United States, from TPG’s The Rise Fund. The investment will support accelerated center expansion, deeper payor and provider partnerships, and continued focus on affordable, high-quality dental and oral surgery for pediatric and special‑needs patients.

Hudson Hill Capital Acquires Majority Stake in Blue.cloud

March 2, 2022

Cloud & SaaS

Hudson Hill Capital made a majority equity investment in Tampa-based cloud digital transformation firm Blue.cloud at an enterprise value exceeding $100 million. The capital will be used to expand AI capabilities, pursue acquisitions, and scale the team as Blue.cloud builds on a 2021 run-rate of roughly $39 million and a global workforce of about 320 employees.

BlueSprig Pediatrics Acquires Florida Autism Center from Shore Capital Partners

March 4, 2020

Healthcare Services

BlueSprig Pediatrics acquired Florida Autism Center / Fusion Autism Center from Shore Capital Partners, closing on March 4, 2020. Backed by new capital from KKR, the deal combines the organizations to create a scaled ABA therapy platform (the combined company serving ~1,800 families at nearly 110 clinics) and expands BlueSprig's footprint in the Southern United States; FAC contributed 52 locations across Florida and Georgia.

Spark Dental Management Acquires Children's Dental Management

January 12, 2022

Healthcare Services

Spark Dental Management, a portfolio company backed by Rock Mountain Capital, has acquired Children's Dental Management (CDM), adding 35 locations and five AAAHC-accredited dental surgery centers across three states. The deal, sourced from DFW Capital Partners' exit of CDM, expands Spark's pediatric dentistry and orthodontics footprint and strengthens access to ambulatory surgical capabilities; financial terms were not disclosed.

The Rise Fund Invests in Zipline

May 17, 2019

Healthcare Services

The Rise Fund, an impact investment fund managed by TPG Growth, announced a growth equity investment in Zipline to support expansion of the company’s drone-based medical delivery and cold-chain logistics services. The funding is intended to help scale Zipline’s lifesaving delivery network across the Global South and broaden The Rise Fund’s healthcare and technology portfolio exposure.

Blue Venture Fund Makes Strategic Growth Investment in Bluestone Physician Services

August 2, 2021

Healthcare Services

Bluestone Physician Services, a portfolio company of WindRose Health Investors, received a strategic growth investment from the Blue Venture Fund to support scaling its integrated, home- and residential-based primary care and care coordination model. The investment is intended to leverage BVF's deep payor relationships and value-based care expertise to expand Bluestone's reach and capabilities serving high-risk, chronically ill geriatric and disabled patients.