Searchlight Capital Acquires Majority Stake in Care Advantage

Care Advantage Acquires Capital City Nurses

May 6, 2019

Healthcare Services

Care Advantage, a BelHealth Investment Partners portfolio company, has acquired Capital City Nurses, a Chevy Chase, Maryland-based home care provider. The add-on expands Care Advantage's presence into Maryland, Delaware and Washington, D.C.; Capital City Nurses operates six offices and has over 500 caregivers.

Care Advantage Acquires Attentive Angels Home Care

November 14, 2025

Healthcare Services

Care Advantage, Inc., a large privately owned Mid-Atlantic home care operator, has completed the acquisition of Attentive Angels Home Care, a Columbia, South Carolina-based non-medical in‑home care provider. The deal marks Care Advantage's entry into South Carolina and is supported by equity sponsor Searchlight Capital; financial terms were not disclosed.

Care Advantage Acquires Neighborly Home Care’s Wilmington and Georgetown (Delaware) Locations

January 30, 2026

Healthcare Services

Care Advantage, Inc. completed the acquisition of Neighborly Home Care’s Wilmington and Georgetown, Delaware locations. The deal expands Care Advantage’s Mid-Atlantic and Southeast in-home care footprint, while Neighborly will retain its Ardmore, Pennsylvania location.

Care Advantage (BelHealth Portfolio) Acquires Team Nurse Inc.

December 17, 2019

Healthcare Services

Care Advantage, a Richmond-based home healthcare provider and portfolio company of BelHealth Investment Partners, has acquired Team Nurse Inc., a South Boston, Virginia home health and personal care provider operating 17 locations with over 400 caregivers. The add-on expands Care Advantage's footprint to more than 40 branch locations across Virginia, Maryland, Delaware and Washington, D.C., increasing regional density and coverage across roughly 90% of Virginia.

Clearview Capital Recapitalizes Advantage Behavioral Health

April 1, 2025

Healthcare Services

Clearview Capital has recapitalized Advantage Behavioral Health in a transaction that closed April 1, partnering with the company's founders and management to provide growth capital and an experienced operational partner. Advantage Behavioral Health is an outpatient behavioral health network operating 21 locations in nine states and delivering roughly 500,000 patient visits annually via in-person and telehealth channels. Terms were not disclosed.

Searchlight Capital Partners to Acquire Majority Stake in Integrated Power Services

October 19, 2021

Industrial Services

Funds advised by Searchlight Capital Partners have entered into a definitive agreement to acquire a majority stake in Integrated Power Services (IPS), an industrial aftermarket services provider. Searchlight is buying the stake from funds advised by Odyssey Investment Partners, and the deal is subject to regulatory approvals with an expected close later in the year.