Balance Point Invests in SG Homecare; SG Homecare Acquires Western Drug

Sverica Capital Acquires SG Homecare

June 15, 2022

Healthcare Services

Sverica Capital Management has acquired SG Homecare, a California-based provider of durable medical equipment (DME) and homecare supplies. The founder, Randy Rowley, will remain CEO while Sverica partners join the board to support growth and expansion as the company capitalizes on shifts toward risk-sharing payment models in home healthcare.

Balance Point Provides Financing to Sylmar Group

November 8, 2022

Environmental Services

Balance Point Capital Advisors, alongside its affiliated fund Balance Point Capital Partners IV, provided debt capital to Sylmar Group to support Sylmar's buy-and-build strategy and enable the acquisitions of two water- and wastewater-related businesses. Sylmar, a Los Angeles–based platform focused on industrial water treatment and pump/well maintenance, will use the financing to scale its platform and expand services to commercial and utility customers across the Southwest U.S.

Balance Point Provides Debt Financing to Lightbridge Academy

June 20, 2024

Education

Balance Point Capital Advisors, together with its affiliated fund Balance Point Capital Partners V, arranged debt financing for Lightbridge Academy, a portfolio company of Westerly Group and Elmsley Capital. The capital will support new location development and other growth initiatives as Lightbridge continues geographic expansion along the East Coast.

Devonshire Partners Acquires South Bay Home Health Care with Financing from Brookside Capital Partners

April 21, 2021

Medical Devices

Devonshire Partners has acquired South Bay Home Health Care, a Torrance, California-based supplier of durable and disposable medical equipment, with unitranche financing and an equity co-investment provided by Brookside Capital Partners. Brookside provided debt and minority equity to facilitate the transaction; no seller details were disclosed in the announcement.

Flexpoint Ford Acquires MGA Homecare

March 4, 2020

Healthcare Services

Chicago-based private equity firm Flexpoint Ford, through its affiliated funds, has acquired MGA Homecare, a provider of home healthcare, therapy and Home and Community-Based Services (HCBS) serving pediatric patients across Arizona, Colorado and Texas. The firm named W. Bradley "Brad" Bennett as CEO and said it will support expansion of MGA's compliance, quality assurance programs and growth into current and new geographic markets.

Balance Point Provides Debt Financing to John Staurulakis (JSI)

May 9, 2024

Telecommunications

Balance Point Capital Advisors provided debt financing to John Staurulakis, LLC (JSI), a portfolio company of Stone-Goff Partners, to refinance existing credit facilities, fund a shareholder distribution, and supply capital for future acquisitions. The financing supports JSI's continued growth as a full-service consulting provider to rural broadband and telecommunications operators nationwide.