Investments
31Portfolio Exits
6Funds
14About Blue Heron Capital
Blue Heron Capital is an operationally focused lower market private equity firm based in Richmond, Virginia. Blue Heron supports portfolio companies with a team of proven industry experts, including C-level executives and successful entrepreneurs with decades of experience building and managing vibrant businesses. The firm invests in buyout and growth equity opportunities in the healthcare, security, and business services industries.
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Latest Blue Heron Capital News
Feb 6, 2023
ShiftMed, a workforce management marketplace, raised $200 million led by Panoramic Ventures with participation from Blue Heron Capital and Audacious Capital. Funds will be used to expand ShiftMed’s national footprint across all segments of the healthcare market. hiftMed provides access to a local marketplace with more than 350,000 credentialed W-2 healthcare workers and an automated workforce management platform that uniquely enables acute, post-acute, and in-home providers to manage their resources dynamically. By using mobile and cloud-based software that provide workforce optimization, health systems are able to offer the modern, unified solution to their workforce that increases retention, creates part-time work opportunities, and decreases reliance on travel agencies. ShiftMed also provides access to additional local staff, reducing operating costs by 30-40% compared to travel staffing alternatives, according to a press release. Read more . Total
Blue Heron Capital Investments
31 Investments
Blue Heron Capital has made 31 investments. Their latest investment was in ShiftMed as part of their Series B on February 2, 2023.
Blue Heron Capital Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
2/6/2023 | Series B | ShiftMed | $200M | No | 27 | |
1/4/2023 | Series E | HomeCare.co | $86.6M | No | 3 | |
1/3/2023 | Series B | Authenticx | $20M | Yes | 20 | |
11/4/2022 | Series A | |||||
3/9/2022 | Series A |
Date | 2/6/2023 | 1/4/2023 | 1/3/2023 | 11/4/2022 | 3/9/2022 |
|---|---|---|---|---|---|
Round | Series B | Series E | Series B | Series A | Series A |
Company | ShiftMed | HomeCare.co | Authenticx | ||
Amount | $200M | $86.6M | $20M | ||
New? | No | No | Yes | ||
Co-Investors | |||||
Sources | 27 | 3 | 20 |
Blue Heron Capital Portfolio Exits
6 Portfolio Exits
Blue Heron Capital has 6 portfolio exits. Their latest portfolio exit was Apogee IT Services on February 06, 2023.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
2/6/2023 | Acquired | 6 | |||
Date | 2/6/2023 | ||||
|---|---|---|---|---|---|
Exit | Acquired | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 6 |
Blue Heron Capital Fund History
14 Fund Histories
Blue Heron Capital has 14 funds, including BHC AW Co-Invest.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/22/2020 | BHC AW Co-Invest | $0.5M | 1 | ||
12/22/2020 | BHC IS Co-Invest | $1M | 1 | ||
11/23/2020 | BHC ST Co-Invest | $1.85M | 2 | ||
8/26/2020 | BHC AC Co-Invest | ||||
7/15/2020 | BHC VD Co-Invest |
Closing Date | 12/22/2020 | 12/22/2020 | 11/23/2020 | 8/26/2020 | 7/15/2020 |
|---|---|---|---|---|---|
Fund | BHC AW Co-Invest | BHC IS Co-Invest | BHC ST Co-Invest | BHC AC Co-Invest | BHC VD Co-Invest |
Fund Type | |||||
Status | |||||
Amount | $0.5M | $1M | $1.85M | ||
Sources | 1 | 1 | 2 |
Blue Heron Capital Team
2 Team Members
Blue Heron Capital has 2 team members, including current Managing Partner, Tom Benedetti.
Name | Work History | Title | Status |
|---|---|---|---|
Tom Benedetti | Managing Partner | Current | |
Name | Tom Benedetti | |
|---|---|---|
Work History | ||
Title | Managing Partner | |
Status | Current |
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