The Edgewater Funds Exits Homecare Holdings

H.I.G. Growth Partners Sells Just Home Healthcare Services in Two-Part Divestiture

December 6, 2023

Healthcare Services

H.I.G. Growth Partners completed the sale of its portfolio company Just Home Healthcare Services (JHC) in two transactions: the Personal Home Care and Adult Day Health segments were sold in April 2023 to Honor Health Network (backed by Webster Equity Partners), and the Group Home and Independent Living Program segments were sold in October 2023 to RHA Health Services (backed by Blue Wolf Capital). H.I.G. acquired JHC in January 2017 and during its hold the company expanded group home capacity, grew home-care census hours and materially improved revenue and EBITDA prior to the divestitures.

Executive Home Care Holdings Acquires Grasons Co.

December 15, 2022

Professional Services

Executive Home Care Holdings, a Riverside-backed holding company, acquired Grasons Co., an Orange County-based estate sale and business liquidation franchisor. The deal is an add-on to the Executive Home Care platform intended to expand the platform's senior services offering and pursue geographic expansion of Grasons' franchise footprint.

Edgewater Capital Partners Invests in CBCC Global Research

May 27, 2025

Healthcare Services

Edgewater Capital Partners, a Cleveland-based private equity firm, has partnered with the shareholders and management of CBCC Global Research, a Bakersfield-headquartered clinical contract research organization (CRO). Edgewater's investment will support CBCC's growth by funding people, technology, and infrastructure to expand its clinical trial services across oncology, CNS, ophthalmology and other therapeutic areas.

Pediatric Home Service Acquires The Care Group from Elm Creek Partners

January 13, 2020

Healthcare Services

Pediatric Home Service (a portfolio company of InTandem Capital Partners) has acquired The Care Group from Elm Creek Partners. The acquisition adds The Care Group's Houston and Dallas operations to PHS's footprint, expanding access to specialized pediatric home respiratory and enteral nutrition services and will be rebranded under the Pediatric Home Service name.

HHAeXchange Acquires Generations Homecare System

July 8, 2024

Software

HHAeXchange, a PE-backed homecare management software platform, has acquired Generations Homecare System, a provider of agency management software used by over 700 customers. The deal strengthens HHAeXchange’s product capabilities, adds homecare technology talent, and expands its geographic footprint across additional U.S. states.

Edgewater Funds Invests in Silver State Refrigeration & HVAC

July 1, 2024

HVAC & Mechanical

Edgewater Growth Capital Partners V, L.P. (The Edgewater Funds) has made an investment in Silver State Refrigeration & HVAC, a Las Vegas-area commercial HVAC, refrigeration and plumbing services provider founded in 2003. The transaction establishes Silver State as a platform for a new buy-and-build initiative in commercial facility services, with Edgewater partnering with management to accelerate growth through add-on acquisitions.