Elm Creek Partners
Elm Creek Partners is a Dallas-based private equity firm founded in 2007 that makes controlling equity investments in lower middle-market healthcare companies, with $10–50M revenue and $2–8M EBITDA, targeting U.S. and Canadian businesses.
- Company typePrivate
- Founded2007
- HeadquartersDallas, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Elm Creek Partners does
Elm Creek Partners is a Dallas-based private equity firm founded in 2007 that makes controlling equity investments in lower middle-market companies, with a stated vertical focus on healthcare. The firm targets U.S. and Canadian businesses with $10–50 million in revenue and $2–8 million in EBITDA, deploying capital as a sole or lead control investor. It operates with a small team (1–10 employees) led by Managing Partner Aaron Handler, and routes healthcare investment inquiries through Lumea Partners as a channel partner.
The firm's investment model is built on deal-by-deal control acquisitions rather than recurring revenue from a product surface. Active portfolio companies include Acute Behavioral Health, a behavioral health platform for young people, and Llano Estacado Winery, a Texas wine producer. The exited portfolio spans healthcare and adjacent verticals: MHM Urgent Care (sold to Ochsner Health System in January 2017), The Care Group of Texas (sold to Pediatric Home Service in December 2019), FreeFlight Systems (sold to ACR Group in February 2020), and Liberty Greenleaf (sold to ICONEX in May 2022). Origination relies on direct enterprise outreach to business owners, intermediaries, and co-investors, supplemented by the Lumea Partners channel. No proprietary technology, AI capabilities, or digital platforms are disclosed; the firm's value-add is operational and strategic partnership rather than technology-enabled.
Elm Creek Partners firmographics
Firmographics- Name
- Elm Creek Partners
- Legal name
- Elm Creek Partners
- Website
- https://elmcreekpartners.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Elm Creek Partners is a Dallas-based private equity firm founded in 2007 that makes controlling equity investments in lower middle-market healthcare companies, with $10–50M revenue and $2–8M EBITDA, targeting U.S. and Canadian businesses.
- Ownership category
- akta.pro rank
Elm Creek Partners industry classification
Industry- Product category
- Private Equity
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Buy-Side Search & Acquisition Advisory (FSAEAIAD)
Keywords
Where Elm Creek Partners is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Elm Creek Partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Elm Creek Partners product offering
Product offeringCore offering
Elm Creek Partners is a Dallas-based private investment firm that makes controlling equity investments in lower middle-market companies, with a primary focus on healthcare. The firm targets companies with $10–$50 million in revenue and $2–$8 million EBITDA in the U.S. and Canada, partnering with entrepreneurs seeking growth capital and meaningful ownership. The firm structures, supports, and ultimately exits these investments via sales to strategic and financial buyers.
Product overview
Elm Creek Partners is a private equity firm organized as a single investment platform focused on lower middle-market healthcare opportunities in the U.S. and Canada. The firm's investment criteria target companies with $10–$50 million in revenue and $2–$8 million EBITDA, making control equity investments. The current portfolio includes healthcare and consumer brands: Acute Behavioral Health (healthcare platform for behavioral health programs) and Llano Estacado Winery (Texas winery). The exited portfolio includes MHM Urgent Care, FreeFlight Systems, The Care Group of Texas, and Liberty Greenleaf.
Differentiator
Problem solved
Functional benefit
Products and services
- Control Equity Investments (Healthcare)
- Control Equity Investments (Non-Healthcare)
Companies that use Elm Creek Partners
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles1 record
Elm Creek Partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Elm Creek Partners partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Lumea PartnerscoreLumea Partners serves as the primary channel for directing inquiries related to lower middle-market healthcare investment opportunities. Aaron Handler at Lumea Partners handles healthcare investment inquiries on behalf of Elm Creek Partners.
Recent moves5 records
Expansion highlights3 records
Elm Creek Partners competitors and assessment
Company assessmentDirect peers
- Linden Capital Partners: Healthcare-focused middle-market private equity firm making control investments in lower middle-market companies. Highly comparable in thesis, ticket size, and operational orientation.
- BelHealth Investment Partners: Healthcare-focused lower middle-market PE firm executing control buyouts of healthcare companies. Comparable in target company size band and healthcare services orientation.
- The Vistria Group: Middle-market private equity firm with a strong healthcare services franchise. Comparable in healthcare platform-building approach and lower middle-market deal size, though somewhat larger.
- Centre Partners: Lower middle-market PE firm with a long history of healthcare and consumer investments, executing control equity transactions. Comparable in target band and sector mix.
- Varsity Healthcare Partners: Lower middle-market private equity firm exclusively focused on healthcare services and healthcare technology. Direct comparable in fund size, healthcare-only thesis, and control equity approach.
- Health Enterprise Partners: Healthcare-focused growth equity and buyout firm investing in lower middle-market healthcare services and technology companies. Comparable in thesis and ticket size.
- Petra Capital Partners: Dallas-based lower middle-market PE firm with a healthcare and business services focus. Direct geographic and sector comparable to Elm Creek's Dallas footprint and healthcare thesis.
Broad incumbents
- Avista Capital Partners: Established healthcare-focused private equity firm investing across healthcare services, pharma, and medtech. Comparable healthcare specialization but typically larger deal sizes than Elm Creek's $10-50M revenue band.
- HIG Capital: Large diversified alternative investment platform with a lower middle-market healthcare practice. Comparable healthcare vertical but broader and significantly larger than Elm Creek.
Emerging players
- Cimarron Healthcare Capital: Emerging healthcare-focused private equity firm investing in lower middle-market healthcare services companies. Comparable in vertical focus and target deal size.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Elm Creek Partners social profiles
Digital presenceElm Creek Partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elm Creek Partners leadership team
Management profileNumber of profiles
Profiles1 record
Elm Creek Partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elm Creek Partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Elm Creek Partners
What does Elm Creek Partners do?
Elm Creek Partners is a Dallas-based private investment firm that makes controlling equity investments in lower middle-market companies, with a primary focus on healthcare. The firm targets companies with $10–$50 million in revenue and $2–$8 million EBITDA in the U.S. and Canada, partnering with entrepreneurs seeking growth capital and meaningful ownership. The firm structures, supports, and ultimately exits these investments via sales to strategic and financial buyers.
Is Elm Creek Partners a public or private company?
Elm Creek Partners is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Elm Creek Partners founded?
Elm Creek Partners was founded in 2007. It employs 1 to 10 people.
Where is Elm Creek Partners based?
Elm Creek Partners is headquartered in Dallas, United States, in the North America region.
Who are Elm Creek Partners's main competitors?
Direct peers on record are Linden Capital Partners, BelHealth Investment Partners, The Vistria Group, Centre Partners, Varsity Healthcare Partners, Health Enterprise Partners and Petra Capital Partners. Broad incumbents are Avista Capital Partners and HIG Capital. Cimarron Healthcare Capital is listed as an emerging player.
Does Elm Creek Partners have an API?
No public API is recorded for Elm Creek Partners.
What industry is Elm Creek Partners in?
Elm Creek Partners's product category is Private Equity. Its primary akta.pro industry code is FSAEAIAD, Buy-Side Search & Acquisition Advisory. Its NAICS code is 52394 and its SIC code is 6282.