Afterburner Capital, Council Capital Exit Advanced Care Partners

Private equity firms Afterburner Capital and Council Capital have exited their investment in Advanced Care Partners (ACP), a provider of home care and private duty nursing services.

The firms exited after eight years, during which time ACP expanded into new markets and created strong presences in Georgia and Florida, according to the companies.

“ACP’s success is a direct reflection of strong leadership, a clear mission, and a relentless focus on execution,” James Murphy, the founder and managing partner of Afterburner Capital, said in a statement. “Our partnership with Council Capital enabled the company to achieve meaningful growth while staying true to its commitment to delivering exceptional care.”

Atlanta-based ACP provides pediatric and adult private duty nursing and home care for medically fragile children and adults in their homes, schools or daycares. During the investment, the company scaled its clinical workforce and infrastructure and enhanced its operational capabilities.

Miami, Florida-based Afterburner focuses on health care, aerospace technology and defense technology companies. Its portfolio includes Roya Health, a tech-enabled behavioral health provider.

Nashville, Tennessee-based Council Capital is a lower-middle-market, health care-focused private equity firm. Its portfolio includes Physician Housecalls, an in-home primary care provider, and behavioral health companies NeurAbilities, Inner Circle Autism Network and SaVida Health.

Morgan Gonzales is an award-winning reporter and associate editor of Home Health Care News. She received her bachelor's degree from the University of South Carolina and her master's from the University of Georgia. Her work has appeared in Behavioral Health Business, KFF Health News, Dallas Morning News and U.S. News and World Report. When not reporting, Morgan is usually on a trail, doing yoga, or cuddling with her cats, Ellen and Ocho.