An affiliate of private equity firm Peak Rock Capital has completed its acquisition of BrightStar Group Holdings in partnership with Shelly Sun Berkowitz, the company’s founder and executive chairwoman. 

Gurnee, Illinois-based BrightStar Care, a home care provider and medical staffing franchisor, launched in 2002 and counts 400 agencies nationwide. Its franchisees provide both skilled and unskilled home care to clients and custom medical staffing solutions to corporate partners. The agencies employ more than 15,000 caregivers and 5,700 registered nurses. 

“BrightStar Care stands out because of its unique commitment to clinically led, high-quality home care services across its franchisee network,” Spencer Moore, managing director of Peak Rock, said in a press release. “We are excited to partner with Shelly and BrightStar Care management and employees to invest in technology, marketing and growth initiatives to support the company’s franchisees in serving more patients.” 

The transaction, announced March 3, underscores Peak Rock’s commitment to investing in founder-owned businesses with strong growth potential, according to Peak Rock CEO Anthony DiSimone. 

“It also highlights our continued interest in investing in resilient healthcare businesses and franchisors that will benefit from our expertise in supporting rapid growth,” DiSimone said. 

Peak Rock Capital has been contacted for more information.