Investment Summary

Petra Capital Partners, Tecum Capital, NewSpring Capital and Capital Alignment Partners Invest In Aging with Comfort

On April 1, 2021, private equity firms Petra Capital Partners, Tecum Capital, NewSpring Capital and Capital Alignment Partners invested in consumer services company Aging with Comfort

Investment Highlights
  • This is Petra Capital Partners’ 2nd, Tecum Capital’s 2nd, NewSpring Capital’s 2nd and Capital Alignment Partners’ 1st transaction in the Consumer Services sector.
  • This is Petra Capital Partners’ 47th, Tecum Capital’s 65th, NewSpring Capital’s 154th and Capital Alignment Partners’ 5th transaction in the United States.
  • This is Petra Capital Partners’ 1st, Tecum Capital’s 21st, NewSpring Capital’s 40th and Capital Alignment Partners’ 1st transaction in Pennsylvania.

Investment Summary

Date 2021-04-01
Target Aging with Comfort
Sector Consumer Services
Investor(s) Petra Capital Partners
Tecum Capital
NewSpring Capital
Capital Alignment Partners
Deal Type Growth Capital

Target

Aging with Comfort

Philadelphia, Pennsylvania, United States
Aging with Comfort is a provider of non-medical home care services to the elderly and disabled. Aging with Comfort was founded in 2014 and is based in Philadelphia, Pennsylvania.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 4

Investor

Petra Capital Partners

Nashville, Tennessee, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1996
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Petra Capital Partners is a private investment firm that invests in US-based, high-growth businesses operating in the business services, healthcare services, media/publishing, telecom, IT, and information services sectors. Target companies are generally cash-flow positive with revenues in excess of $10 million and growth rates above 20%. Petra can commit up to $20 million per transaction. The Firm typically invests in subordinated debentures with warrants to purchase equity securities. Petra Capital Partners is licensed as a SBIC. The Firm was formed in 1996 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 47 of 54
Sector (Consumer Services) 2 of 3
Type (Growth Capital) 11 of 15
State (Pennsylvania) 1 of 2
Country (United States) 47 of 54
Year (2021) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Centerline Healthcare Partners

Houston, Texas, United States

Centerline Healthcare Partners is a medical practice management organization that delivers programs, technologies, and administrative support to post-acute care partners. Centerline Healthcare Partners is based in Franklin, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 CareMetx

Bethesda, Maryland, United States

CareMetx is a pharmaceutical, biotechnology and device manufacturers with technology and specialty hub services to support patient access. CareMetx was founded in 2011 and is based in Bethesda, Maryland.

Sell -
Investor

Tecum Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Tecum Capital is a private equity firm focused on lower middle-market companies across the Eastern-US. Tecum will consider a variety of investment situations including leveraged buyouts, management buyouts, successions, strategic acquisitions, growth capital financings, and recapitalizations. Investment sizes range from $5 - $20 million. Industries of interest include manufacturing, plastics, specialty distribution, technology, healthcare services, defense, food, and business/consumer services. Tecum will not consider investments in start-ups or real estate. Tecum Capital was formed in 2005 and is based in Wexford, Pennsylvania.


DEAL STATS #
Overall 65 of 82
Sector (Consumer Services) 2 of 3
Type (Growth Capital) 18 of 28
State (Pennsylvania) 21 of 26
Country (United States) 65 of 82
Year (2021) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Advanced Pavement Group

Islip, New York, United States

Advanced Pavement Group is an outdoor facility maintenance company (services include asphalt paving, seal-coating, drain installation and repair, concrete installation and repair, sweeping and debris removal, power washing, storm drain management, and maintenance) in the Northeast and Mid-Atlantic regions of the United States, servicing New York, New Jersey, Connecticut, Delaware, Pennsylvania, and Maryland. Advanced Pavement Group was founded in 1963 and is based in Islip, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Home Care Delivered

Glen Allen, Virginia, United States

Home Care Delivered is a direct-to-patient provider of insurance covered medical supplies for diabetes, incontinence, urology, ostomy, and wound care products delivered directly to the patient's home. The company is dedicated to providing best-in-class customer support and quality supplies for patients and caregivers nationwide. Home Care Delivered was founded in 1996 and is based in Glen Allen, Virginia.

Sell -
Investor

NewSpring Capital

Radnor, Pennsylvania, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

NewSpring Capital is a private investment firm focused on growth companies in the Mid-Atlantic US. The Firm can provide both growth equity and junior capital to prospective companies. NewSpring's target investment size for both mezzanine and equity financing is $2 to $5 million, although for new ventures, the Firm can commit up to $10 million. Sectors of interest include specialty manufacturing, technology, business services, information technology, life science, healthcare services, and medical devices. NewSpring Capital was formed in 1999 and is based in Radnor, Pennsylvania with an additional office in Short Hills, New Jersey.


DEAL STATS #
Overall 157 of 200
Sector (Consumer Services) 2 of 3
Type (Growth Capital) 80 of 105
State (Pennsylvania) 40 of 45
Country (United States) 154 of 196
Year (2021) 6 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-18 Blo Blow Dry Bar

Toronto, Ontario, Canada

Blo Blow Dry Bar is a blow dry bar franchise that provides no cuts, no color: Just wash, blo, go. Guests choose from signature styles featured in the Blo Hair Menu, from smooth and straight to runway inspired curls. Blo Blow Dry Bar was founded in 2007 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-14 Duck Donuts

Mechanicsburg, Pennsylvania, United States

Duck Donuts is one of the nation’s fastest-growing donut franchise companies. The Company today operates one international and 101 U.S. franchise locations across 21 states. Duck Donuts has grown into a major franchise company and built its reputation on serving warm, delicious, and made-to-order donuts, providing superior guest service in a family-friendly atmosphere and supporting local communities. Duck Donuts was founded in 2007 and is based in Mechanicsburg, Pennsylvania.

Buy -
Investor
DESCRIPTION

Capital Alignment Partners is a private investment firm focused on providing equity and debt capital to lower middle-market healthcare and business services companies. The Firm looks to commit $5 to $40 million of flexible capital into companies with $10 to $100 million of revenue and $2 to $20 million of EBITDA. Prospective transaction situations include buyouts, consolidations, restructurings, recapitalizations, shareholder liquidity needs, and growth. Capital Alignment Partners was formed in 2009 and is headquartered in Nashville, Tennessee.


DEAL STATS #
Overall 5 of 5
Sector (Consumer Services) 1 of 1
Type (Growth Capital) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 5 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-15 American Pavement Preservation

Las Vegas, Nevada, United States

American Pavement Preservation provides a full suite of services including slurry seal, seal coating, commercial paving, pavement patching, crack sealing and pavement marking to public and private sector customers in the Southwest United States. American Pavement Preservation was founded in 2009 and is based in Las Vegas, Nevada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-15 Urgent Care Group

Brentwood, Tennessee, United States

Urgent Care Group is focused on taking care of patients by providing affordable and accessible care to help them Get Better. Faster! The Urgent Care Group Network includes 24 centers operating as three brands: Medac Urgent Care in North Carolina, MEDcare Urgent Care in South Carolina, and Health Choice Urgent Care in partnership with Northside Hospital in Georgia. Urgent Care Group was founded in 2017 and is based in Brentwood, Tennessee.

Sell -