Peak Rock Capital Affiliate Acquires BrightStar Care

Claure Group Acquires Minority Stake in Brightstar Capital Partners

May 11, 2023

Financial Services

Claure Group has acquired a non-control, minority equity stake in Brightstar Capital Partners, a New York-based middle-market private equity firm led by founder and CEO Andrew Weinberg. The investment establishes a strategic partnership to support Brightstar’s scaling and growth initiatives; Brightstar’s portfolio companies employ roughly 19,000 people with combined EBITDA of about $600 million.

Brightstar Capital Partners Acquires Majority Stake in Brightstar Corp.

October 22, 2020

Telecommunications

Brightstar Capital Partners (BCP) completed the acquisition of a 75% majority stake in Brightstar Corp., partnering with Brightstar’s senior management team. SoftBank Group Corp., the prior owner, will retain a 25% minority stake; BCP said it will help accelerate Brightstar’s growth in device protection, warranty, trade-in and supply chain solutions.

Peak Rock Capital Affiliate Acquires Paragon Healthcare, Inc.

September 15, 2020

Healthcare Services

An affiliate of Peak Rock Capital completed the acquisition of Paragon Healthcare, Inc., a provider of ambulatory and home infusion services and specialty pharmacy. Peak Rock said it will partner with Paragon's management to support geographic expansion and continued growth through organic initiatives and strategic acquisitions.

Brightstar Capital Partners Acquires Best Choice Roofing

August 7, 2024

Construction

Brightstar Capital Partners, a middle-market private equity firm, has acquired Best Choice Roofing, a national residential roofing provider with more than 85 locations across 24 states and over 60,000 customers. Brightstar said the investment will support continued geographic expansion, scale operations, and enhance systems and infrastructure while partnering with founder and CEO Wayne Holloway.

Brightstar Capital Partners Acquires Majority Stake in Amerit Fleet Solutions

December 28, 2020

Transportation

Brightstar Capital Partners acquired a majority stake in Amerit Fleet Solutions, a Walnut Creek, California-based nationwide provider of outsourced fleet maintenance and mobile repair services. Stellus Capital Management provided unitranche financing to support the transaction; Amerit’s co-founders (Dan Williams and Amein Punjani) remain partnered with Brightstar to grow the business and expand its national capabilities.

24 Hour Home Care Acquires Bright Moon Care Services

February 28, 2022

Healthcare Services

24 Hour Home Care, a non-medical in-home care provider based in El Segundo, California, has acquired Bright Moon Care Services, a Ventura County–rooted home care agency, effective February 28, 2022. The acquisition expands 24 Hour Home Care’s footprint in Ventura County and brings Bright Moon’s community relationships and caregiving staff into 24 Hour Home Care’s caregiver-centric operating model.