Green Harvest Capital

What Green Harvest Capital does

Green Harvest Capital (GHC) is a minority-owned private equity firm founded in 2017 and headquartered in Northeast Ohio, operating three vertically integrated investment divisions. GHC Multifamily acquires and revitalizes Class B and C workforce housing (1,500+ apartment doors across 19 assets) in Northeast Ohio, with in-house property management handled by subsidiary GHC Living. Spark GHC, a 50/50 joint venture formed in December 2025 with Spark Hotels, acquires, develops, and manages select-service hotels in the $20M+ range across the United States, targeting $100M in investments over two years and now adding an institutional capital channel. GHC Industries is the firm's industrial rollup platform, acquiring legacy Midwest manufacturing and service businesses (Re-Sources, Meerya, Hamlin Newco, Medical Equipment Source, Vitalchat) in the Cleveland-Pittsburgh-Columbus Golden Triangle and targeting 10x growth per acquired business through automation and operational improvement.

The firm's revenue model combines management fees and carried interest on AUM, rental income from the multifamily portfolio, operational revenue from industrial portfolio companies, and capital appreciation on hospitality assets. GHC distributes investment products exclusively through direct principal-led engagement with HNW individuals, family offices, and institutional investors via an AppFolio investor portal—no intermediaries or broker-dealers are used. The firm reports over $500M in portfolio AUM across its three divisions. Technology infrastructure includes the GHC Living property management platform, Vitalchat's AI-powered virtual nursing/telehealth systems, and DEPTH Health's Augmented Surveillance Intelligence (WRAP-Lab and RACER) patient flow optimization platform, in which GHC Industries made a $1M seed investment in April 2026. The firm positions itself as differentiated from typical PE through long-term value creation, operational nurturing, and community impact rather than cost-cutting and rapid exits.

Name

Green Harvest Capital

Legal name

Green Harvest Capital LLC

Website

https://ghc-lp.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Green Harvest Capital is a minority-owned private equity firm operating three vertically integrated divisions—Northeast Ohio multifamily workforce housing, select-service hospitality through the Spark GHC joint venture, and industrial business transformation through GHC Industries—with over $500M in assets under management.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Other Financial Vehicles (52599), Other Financial Vehicles (525990)

akta.pro primary industry

Private Equity Buyout Fund-of-Funds (FSANAGAD)

akta.pro secondary industry

Healthcare & Life Sciences Growth Equity (FSANACAB)

Keywords

• Private equity investments
• Multifamily real estate
• Hospitality investments
• Industrial acquisitions
• Asset management

Headquarters

HQ city

Beachwood

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: GHC generates revenue through management fees and carried interest on assets under management across its three investment verticals: multifamily real estate ($260M+ AUM), hospitality (Spark GHC joint venture), and industrial (GHC Industries). The firm offers investment opportunities to investors seeking stable growth and strong returns with a focus on long-term value creation over short-term gains.
2. Portfolio Company Operations Revenue: GHC Industries generates revenue through ownership and operation of acquired industrial businesses including manufacturing (Hamlin Newco), IT services (Re-Sources), healthcare equipment (Medical Equipment Source), automotive acoustics (Meerya), telehealth (Vitalchat), and AI healthcare (DEPTH Health). Revenue arises from product sales, service fees, and healthcare technology contracts.
3. Hospitality Investment Returns: Through the Spark GHC 50/50 joint venture with Spark Hotels, GHC earns returns on hotel acquisitions, developments, and asset management across select-service properties. The platform targets the $20M+ select-service hotel range, combining Spark's operational expertise with GHC's asset management platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Green Harvest Capital is a minority-owned private equity firm that operates three vertically integrated investment divisions: GHC Multifamily (acquiring and revitalizing Class B/C workforce housing in Northeast Ohio with 1,500+ doors across 19 assets), Spark GHC (a 50/50 joint venture with Spark Hotels acquiring select-service hotels in the $20M+ range), and GHC Industries (acquiring and scaling legacy Midwest manufacturing and service businesses). The firm generates revenue through management fees, carried interest, and portfolio company operations, managing $500M+ in assets under management with an in-house property management arm (GHC Living).

Product overview

Green Harvest Capital (GHC) is a minority-owned private equity firm operating three distinct investment verticals: (1) GHC Multifamily, which acquires and revitalizes workforce housing (Class B/C apartment buildings) in Northeast Ohio; (2) Spark GHC, a 50/50 joint venture with Spark Hotels focused on select-service hotel acquisition and development across the United States; and (3) GHC Industries, which acquires and scales legacy manufacturing and service businesses in the Midwest, including healthcare technology, IT services, metal fabrication, and automotive suppliers. The firm also operates GHC Living as its in-house property management arm for multifamily assets. With over $500M in AUM, the platform spans real estate (multifamily and hospitality) and industrial investments, targeting stable returns through hands-on operational improvement rather than short-term cost-cutting.

Differentiator

Problem solved

Functional benefit

Brands

• GHC Multifamily: Multifamily real estate investment vertical focused on revitalizing Class B and C workforce housing in Northeast Ohio, managing 1,500+ apartment units across 19 properties.
• Spark GHC
• GHC Industries
• GHC Living

Products and services

• GHC Multifamily A multifamily real estate investment vertical focused on acquiring, renovating, and managing Class B and C workforce housing properties in Northeast Ohio. GHC specializes in transforming apartment communities built between the 1960s and 1980s into quality homes for essential workers, including teachers, nurses, and skilled tradespeople. The division owns and operates 19 multifamily housing assets comprising 1,500+ apartment doors.
• Spark GHC A hospitality investment platform and 50/50 joint venture between Green Harvest Capital and Spark Hotels, focused on acquiring, developing, and managing select-service hotel properties in the $20M+ range across the United States. The platform combines Spark Hotels' operational expertise with GHC's asset management platform, targeting upper-midscale and extended-stay hotels with 80-120 keys and 10-15 year renewal options. The division spans 1,550+ hotel keys nationally.
• GHC Living An in-house property management division providing property management services for GHC Multifamily's housing assets across Northeast Ohio. GHC Living handles leasing, maintenance, and resident relations across the 19-asset multifamily portfolio, ensuring properties are well-maintained and residents are satisfied.
• GHC Industries An industrial investment vertical focused on acquiring and scaling legacy Midwest manufacturing and service businesses in the Cleveland-Pittsburgh-Columbus Golden Triangle. Target companies have 10+ years in business, 5-50 employees, $1-10M in topline revenue, and significant automation opportunity, with 10x growth potential. Portfolio spans healthcare technology, IT services, automotive acoustics, metal fabrication, and medical equipment. The industrial portfolio grew 185% year-over-year.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• DEPTH HealthcoreStrategic or Co-development Partner · 28 April 2026GHC Industries made a $1M seed investment in DEPTH Health as part of a strategic partnership to deploy DEPTH's Augmented Surveillance Intelligence (ASI) platform across hospital systems. GHC CEO Ankit Patel joined the DEPTH Health Board of Directors. The partnership aims to build a unified clinical intelligence ecosystem connecting fragmented hospital data and integrating end-to-end workflows to improve care delivery.
• Spark HotelscoreStrategic or Co-development PartnerSpark Hotels and Green Harvest Capital formed a 50/50 joint venture (Spark GHC) to acquire, develop, and manage select-service hotel properties across the United States. Spark contributes deep hospitality industry knowledge and operational expertise while GHC provides asset management platform and capital. The venture targets $100M in development and acquisition investments over two years and is expanding to include institutional capital alongside the existing retail investor base.
• Rural Health Transformation Alliance (RHTA)coreStrategic or Co-development PartnerGHC Industries serves as a technology partner to the Rural Health Transformation Alliance, a national initiative focused on expanding access to quality care in rural communities. GHC provides custom IT procurement and enterprise solutions that enable rural hospitals to modernize infrastructure, improve operational efficiency, and support long-term system reliability through its state-of-the-art warehouse.
• BrandDogminorOthersBrandDog is the creative agency that designed and maintains the GHC website (ghc-lp.com). Founded by Matt Soble, GHC's Chief Communications Officer and Principal at GHC Industries.

Scale indicators8 records

Recent moves6 records

Expansion highlights2 records

Broad incumbents

• Wynnchurch Capital: Mid-market private equity firm focused on operationally intensive industrial and business services investments. Comparable to GHC Industries' industrial acquisition strategy but at significantly greater AUM.
• Avista Capital Partners: Healthcare-focused middle-market private equity firm. Overlaps with GHC Industries' healthcare bets (Vitalchat, DEPTH Health, MES) and serves as a relevant healthcare-PE comparable, though at materially greater scale.
• Harrison Street: Chicago-based alternative asset manager investing across real estate and real assets including healthcare, education, and infrastructure. Operates in overlapping asset classes (real estate + operating businesses) but at significantly greater scale.

Direct peers

• Trinity Hunt Partners: Middle-market private equity firm partnering with founder-led businesses in business services, industrial, and healthcare. Comparable middle-market scale and operational-improvement orientation to GHC's industrial/healthcare investments.
• Revelstoke Capital Partners: Healthcare-focused middle-market private equity firm. Directly comparable to GHC Industries' healthcare-tech vertical, including Vitalchat and DEPTH Health investments.
• Anchor Health Properties: Healthcare-focused real estate investment and development firm. Comparable to GHC's blended real estate plus healthcare strategy, particularly relevant given Jack T. Diamond's healthcare-strategy background and the Rural Health Transformation Alliance partnership.
• Redwood Capital Group: Cincinnati-based middle-market private equity firm investing across industrial, business services, and consumer. Comparable to GHC Industries' strategy of acquiring and operating legacy Midwest industrial businesses.
• The NRP Group: National multifamily developer, owner, and operator headquartered in Cleveland, Ohio. Directly comparable to GHC Multifamily as a regional multifamily owner-operator competing for Class B/C workforce housing deals in the same Northeast Ohio market.
• Blue Vista Capital Management: Chicago-based middle-market private equity firm with both real estate and operating-company verticals. Closely comparable to GHC's multi-vertical approach spanning real estate and operating businesses at similar scale.

Others

• Walker & Dunlop: Large commercial real estate finance and investment sales firm. Adjacent to GHC's real estate investment activity as a capital provider and multifamily capital markets intermediary relevant to GHC's workforce housing strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/green-harvest-capital-llc-ohio

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Green Harvest Capital