Joel Libava
If anybody deserves a big paycheck for the job she’s done, it’s Shelly Sun Berkowitz. She founded BrightStar Care.
I’ve known Shelly for going on 20 years, and she’s brought a lot to BrightStar Care franchisees and a lot to franchising.
BrightStar Care, a renowned leader in the home care franchising space, has announced that it’s been acquired by an affiliate of Peak Rock Capital, a prominent middle-market private equity firm.
This strategic partnership also includes the involvement of BrightStar Care’s Founder and Executive Chairwoman, Shelly Sun Berkowitz, marking an exciting new chapter for the company.
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Spencer Moore, Managing Director at Peak Rock Capital, expressed enthusiasm for the partnership, stating, “BrightStar Care stands out because of its unique commitment to clinically led, high-quality home care services across its franchisee network. 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.”
About BrightStar Care
Founded in 2002, BrightStar Care has grown into a powerhouse franchisor with over 400 agencies across the U.S.
The company specializes in providing both skilled and unskilled home care services to clients, as well as offering custom medical staffing solutions to corporate partners.
That said, BrightStar Care has built a strong reputation for excellence, setting itself apart with its clinical nurse-led care model and a robust support system for franchisees. All agencies within the network are accredited by The Joint Commission, the nation’s oldest and largest healthcare standards organization, underscoring the company’s commitment to quality.
More On The BrightStar Care Acquisition
This acquisition aims to propel BrightStar Care into its next phase of growth by enhancing operations and expanding its reach.
Shelly Sun Berkowitz, who founded the company, shared her optimism: “I believe our partnership with Peak Rock will help BrightStar Care continue its mission of providing clients with high-quality, compassionate care in the home, as well as make investments to facilitate continued growth with existing and new franchisees.”
CEO Andy Ray echoed this sentiment, highlighting that the collaboration with Peak Rock will enable BrightStar Care to serve more families nationwide while maintaining its leadership in the home care industry.
Peak Rock Capital sees a bright future for BrightStar Care, with Anthony DiSimone, CEO of Peak Rock, emphasizing the firm’s commitment to investing in founder-led businesses with strong growth potential, particularly in the healthcare and franchising sectors.
Finally, with this partnership, BrightStar Care is poised to strengthen its position as a leader in home care, empowering its franchisees to deliver even greater value to clients and communities.
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