Brightstar Capital Partners Acquires 50% Stake in Arden University

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 Engineering Research and Consulting (ERC)

May 11, 2021

Government & Public Sector

Brightstar Capital Partners has acquired a majority stake in Engineering Research and Consulting, Inc. (ERC), a Huntsville, Alabama-based provider of mission-critical engineering and consulting services to the U.S. Department of Defense, NASA and other government entities. Dr. Ernie Wu will continue as Board Chair and CEO and the company — which employs approximately 2,200 people nationwide — will partner with Brightstar to pursue operational investments and strategic acquisitions. Terms of the private transaction were not disclosed.

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.

FTV Capital Invests in Arden Insurance Services

December 3, 2024

Insurance

FTV Capital has made a significant growth equity investment in Arden Insurance Services, a tech-enabled managing general agent (MGA) focused on insurance for residential condominium associations. The capital will be used to expand Arden's geographic footprint, recruit talent, and deepen its proprietary technology and machine-learning underwriting capabilities.

Barings Acquires Artemis Real Estate Partners

February 18, 2025

Real Estate

Barings has entered into a definitive agreement to acquire Artemis Real Estate Partners, a U.S. real estate investment manager. The deal will integrate Artemis' team and capabilities into Barings' U.S. real estate equity platform to expand Barings' investment capabilities and accelerate growth; terms were not disclosed and the transaction is expected to close in Q1 2025.

Peak Rock Capital Affiliate Acquires BrightStar Care

March 3, 2025

Healthcare Services

An affiliate of Peak Rock Capital has completed the acquisition of BrightStar Group Holdings, Inc. (BrightStar Care) in partnership with founder Shelly Sun Berkowitz. Peak Rock said it will support the franchisor’s growth by investing in technology, marketing, and other initiatives to expand access to clinically led home care and medical staffing services across the BrightStar franchise network.