Claure Group Acquires Minority Stake in Brightstar Capital Partners

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 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.

Clearlake Capital Acquires Majority Stake in WhiteStar Asset Management

June 24, 2020

Financial Services

Clearlake Capital Group has acquired a majority stake in WhiteStar Asset Management from Pine Brook Capital Partners, partnering with WhiteStar's management team led by CEO Gibran Mahmud. The deal expands Clearlake's credit platform—bringing combined assets under management to approximately $24 billion—and positions WhiteStar to accelerate growth in CLOs and credit strategies.

Brightstar Capital Partners Acquires Majority Stake in XLerate Group

September 28, 2021

Transportation

Brightstar Capital Partners acquired a majority stake in XLerate Group from Huron Capital, with XLerate's senior management and Huron Capital retaining minority equity. XLerate, based in Carmel, Indiana, operates fixed-site, mobile and digital used-vehicle auctions across a multi-state footprint and will pursue further growth and technology investment under Brightstar's ownership.

Brightstar Capital Partners Acquires Novae Corp.

December 22, 2021

Manufacturing

Brightstar Capital Partners, a New York-based private equity firm, completed its acquisition of Novae Corp., a Markle, Indiana-headquartered trailer manufacturer, in partnership with Novae founder and senior management who retain significant ownership. Novae operates six trailer brands across 15 manufacturing facilities with more than 1,100 employees and will work with Brightstar to scale operations and expand in a fragmented market.

Brightstar Capital Partners Acquires Stratus Team, LLC

July 1, 2024

Engineering Services

Brightstar Capital Partners, a middle-market private equity firm, has completed the acquisition of Stratus Team, LLC from Godspeed Capital Management LP. The transaction positions Brightstar to scale Stratus — a multi-disciplinary engineering, architecture, and consulting platform — through organic growth and M&A to expand its capabilities and presence across public and private sector end markets, particularly in the U.S. Southeast.