Private equity firm making control buyouts
Accord Asset Partners
- HeadquartersLa Jolla, CA S1
- Websiteaccordap.com
- Last verifiedNovember 3, 2026
At a glance
| EBITDA range | $1M to $15M S2 |
|---|---|
| Deal types | Platform S2 |
| Geography | United States S2 |
| Sectors | Healthcare Services |
What Accord Asset Partners buys
Accord Asset Partners is a private equity firm in La Jolla, California, that buys control of US companies with $1 million to $15 million of EBITDA. It looks for businesses taking institutional money for the first time, with more than one way to grow and a founder or management team that wants a strategic partner. It publishes no revenue or check size range. The team describes itself as former operators, and its pitch leans on strategic planning, KPI tracking and organic growth rather than financial engineering.
Its recent deals are in healthcare, and its list also covers hospice, skilled nursing and pharmacy fulfillment. It is not healthcare only, since it also shows oil and gas, telecom, digital marketing and water technology holdings. In September 2025 it recapitalized WestStar Physical Therapy Network with Paras Capital Partners, and in 2026 it sold its full stake in DME Express. With a $1 million EBITDA floor, a fairly small founder-owned company can approach Accord directly as a new platform.
Recent deals
Announced in the 24 months before November 3, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| May 2026 | DME ExpressSold its full stake as Palladium Equity Partners bought a majority of the hospice equipment provider; closed March 25, 2026 | Exit | Healthcare Services | Source |
| Sep 2025 | WestStar Physical Therapy NetworkRecapitalization with Paras Capital Partners of a Southern California provider treating workers' compensation and auto injury patients | Platform | Healthcare Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
Healthcare Services
- WestStar Physical Therapy Network
- Echo
- Medvantx
- Islands Skilled Nursing & Rehab
Other
- Olifant
- Virridy
- Velir
- Geolinks
Past investments: DME Express
Greymont’s take
How Accord Asset Partners fits a seller
Accord suits a founder who has never taken outside capital, is ready to sell control and still wants an active partner. Its team stresses operating experience, and founder Kevin Webb co-founded DME Express and worked on it for more than 12 years before the 2026 sale, which suggests real patience. Management continuity also shows up in its releases: DME Express's CEO stayed on after the sale, and Accord said it would work alongside WestStar's CEO and team.
The firm's site names no fund, and its investment list has no dates or ownership details. An owner should ask whether Accord invests from a committed fund or raises money deal by deal, and how a co-investor such as Paras would affect any equity the owner rolls.
Questions owners ask
What size company does Accord Asset Partners buy?
Its criteria call for a US-headquartered business with $1 million to $15 million of EBITDA in a control buyout. It does not publish a revenue or check size range.
Does Accord only invest in healthcare?
No. Its two latest announced deals are in healthcare, but its investment list also shows an oil and gas company, a telecom carrier, a digital agency and a water technology business.
Has Accord sold any companies recently?
Yes. It sold its full stake in DME Express, which supplies medical equipment to hospices, when Palladium Equity Partners bought a majority. The deal closed in March 2026 and was announced in May 2026.
Does management stay after Accord invests?
In its two latest deals, yes. DME Express's CEO kept leading the business after the 2026 sale, and Accord said it would work alongside WestStar's CEO and management team.
Sources
- S1Accord Asset Partners home page Accessed November 3, 2026
- S2Accord Asset Partners: Investment Criteria Accessed November 3, 2026
- S3Accord Asset Partners: Approach Accessed November 3, 2026
- S4Accord Asset Partners: Accord Investments Accessed November 3, 2026
- S5WestStar Physical Therapy Network recapitalization by Accord Asset Partners and Paras Capital Partners, PR Newswire (September 9, 2025) Accessed November 3, 2026
- S6Accord Asset Partners announces completion of Palladium Equity's purchase of a majority stake in DME Express, PR Newswire (May 12, 2026) Accessed November 3, 2026
- S7Velir home page Accessed November 3, 2026
- S8Virridy home page Accessed November 3, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Accord Asset Partners. Figures are as reported on the dates shown and may have changed. Request a correction