In the midst of this difficult time, we have positive news to share about our portfolio company ClearSky Health, a platform that develops and acquires inpatient rehabilitation facilities and related post-acute services companies. ClearSky has announced plans to open a new inpatient rehabilitation hospital in Rio Rancho, New Mexico. Not only will this project add 100 healthcare jobs to the Rio Rancho community, but it will also provide exceptional, high-quality care to individuals coping with disabling injuries or illnesses including Parkinson’s disease, hip fractures, strokes, brain injuries, and more. …


I recently published an OpEd in Morning Consult, about the “reopening the economy” debate in America, especially as some states begin to ease restrictions. As I argue in the piece, I believe the debate itself is misguided and overly simplistic. And part of my view is informed by what we’ve observed at Blue Wolf, owning companies that employ 50,000 workers nationwide — most of whom are essential.

The Trump administration does not need to decide when to reopen America. Despite a strong, understandable desire to stem economic losses, no new mandate will snap the economy back to where things were…


When history looks back on this period, we’ll all remember the myriad challenges and hardships that so many of us are going through and will go through in the weeks ahead — but we’ll also remember something else: the selflessness, heroism, and courage of our frontline healthcare workers. Every morning, physicians, nurses, homecare aids, first-responders, and many others wake up and risk their own life to save another.

Because of them, more of us are safe and healthy.

At Blue Wolf, our healthcare portfolio companies employ over 40,000 healthcare workers nationwide, many of whom are on the front-lines of the…


At Blue Wolf, we take on complexity and division to find opportunities, build businesses, and create value. We do it because we see private equity as a force for good: a mechanism to bridge divides and solve intractable problems. The challenge is that today, division and polarization are holding back business and holding back our political system.

With this in mind, I recently penned a Washington Post OpEd focused on what I call the “polarization tax.”

The idea is that, in a few short years, we went from a “peace dividend” in the 1990’s to a “polarization tax” today. …


At Blue Wolf, we like to embrace complexity. Where other investors are deterred by challenges and opacity, we see opportunities to create value. This approach is especially important in the industrial and engineering sector, which requires rigorous controls and risk management, a strong commitment to human capital management, and a relentless focus on safety, all while providing the requisite capital to drive a disciplined growth strategy.

It’s an approach that led to our investment in The State Group, where we were able to capitalize on our experience working with organized labor, making a great investment based on the opportunity created…


At Blue Wolf, our healthcare investment team is always looking for opportunities to partner with patient-centric organizations delivering excellent care and outcomes. This approach is driven by our belief that opportunities exist for those that have the industry expertise, deep relationships and operating insight needed to navigate a sector vexed by fragmentation, high cost, and sub-optimal patient care.

And we’ve got the results to back it up. Whether through our backing of Modern MD in the urban urgent care space, Elara in homecare, FOX Rehabilitation in home-based geriatric therapy, or ClearSky in rehabilitation services, we’ve had the opportunity to work…


At Blue Wolf, our healthcare investment team is always looking for opportunities to partner with patient-centric organizations delivering excellent care and outcomes. This approach is driven by our belief that opportunities exist for those that have the industry expertise, deep relationships and operating insight needed to navigate a sector vexed by fragmentation, high cost, and sub-optimal patient care.

And we’ve got the results to back it up. Whether through our backing of Modern MD in the urban urgent care space, Elara in homecare, FOX Rehabilitation in home-based geriatric therapy, or ClearSky in rehabilitation services, we’ve had the opportunity to work…


Our healthcare investment team has focused for years on creating value and improving outcomes within the context of an aging U.S. population, a fragmented system, and continued regulatory uncertainty. This informed our creation of Elara Caring — the fourth largest home health business in the country, our merger of hospice DME benefit management company StateServe with HospiceLink to create the industry-leading benefits manager, and our investment in FOX Rehabilitation — the largest independent provider of home-based physical therapy for geriatric patients in the U.S.

Indeed, our success in the category has led to a virtuous cycle of partnering with great…


Our healthcare investment team has focused for years on creating value and improving outcomes within the context of an aging U.S. population, a fragmented system, and continued regulatory uncertainty. This informed our creation of Elara Caring — the fourth largest home health business in the country, our merger of hospice DME benefit management company StateServe with HospiceLink to create the industry-leading benefits manager, and our investment in FOX Rehabilitation — the largest independent provider of home-based physical therapy for geriatric patients in the U.S.

Indeed, our success in the category has led to a virtuous cycle of partnering with great…


At Blue Wolf, we specialize in investing in middle market companies and leveraging our expertise to create value that is obscured by complexity. Where others see challenges, we see opportunity.

North American Rescue (NAR), a company based in Greer, South Carolina, was one such opportunity. NAR had been leading the way in decreasing preventable deaths for over two decades by providing the highest quality, innovative casualty care solutions to our country’s uniformed soldiers, first responders, health care professionals, and security forces at home and abroad. …

Adam Blumenthal

Founder and Managing Partner, Blue Wolf Capital Partners LLC

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