Lower middle market private equity firm

Grovecourt Capital Partners

At a glance

Deal typesPlatform, Add-on S2
SectorsHealthcare Services, Accounting & Professional Services, Industrial & Manufacturing

What Grovecourt Capital Partners buys

Grovecourt Capital Partners is a West Palm Beach, Florida firm that backs founder-led and family-owned companies in the lower middle market. It names four target areas: healthcare (outsourced services, distribution, equipment refurbishment, healthcare IT and specialty physician groups), business services with a technology angle, communication services tied to network capacity, and industrials, meaning specialized industrial services and makers of critical components. Today it owns a teleradiology group, a Florida traffic engineering firm, a healthcare architecture firm and a maker of intraoperative MRI suites.

Grovecourt looks for platforms it can grow through follow-on acquisitions. It does not publish a revenue or EBITDA range, and its releases do not name a committed fund; outside lenders and capital partners have helped finance its deals. In the Guide Architecture deal the existing leaders kept running the firm and stayed significant owners. A smaller company is most likely to meet Grovecourt as an add-on to Premier Radiology Services, Traffic & Mobility Consultants or Guide Architecture, each of which bought founder-run firms in 2026.

Recent deals

Announced in the 24 months before October 29, 2026.

DateCompanyTypeSectorSource
Oct 2026MAIA ConsultingMedical equipment planning consultancy added to Guide Architecture; the founder stays on to lead the practiceAdd-onAccounting & Professional ServicesSource
Sep 2026WBQ Design & EngineeringFlorida transportation engineering firm added to TMCAdd-onAccounting & Professional ServicesSource
May 2026Chindalur Traffic Solutions (CTSi)Jacksonville traffic engineering firm added to TMC; the founder keeps a leadership roleAdd-onAccounting & Professional ServicesSource
Apr 2026Guide ArchitectureDallas healthcare architecture and planning firm; existing leaders stay on as significant ownersPlatformAccounting & Professional ServicesSource
Apr 2026Global Imaging Solutions (GLOBIS)Physician-founded outpatient teleradiology group added to Premier Radiology ServicesAdd-onHealthcare ServicesSource
Jan 2026National Radiology Solutions (NRAD)Teleradiology provider added to Premier Radiology ServicesAdd-onHealthcare ServicesSource
Jul 2025MetisMDMusculoskeletal-focused teleradiology provider added to Premier Radiology ServicesAdd-onHealthcare ServicesSource
Feb 2025IMRISMinnesota maker and servicer of intraoperative MRI suites for hospitalsPlatformIndustrial & ManufacturingSource

Portfolio by sector

From the firm's portfolio page S3.

Accounting & Professional Services

  • Traffic & Mobility Consultants (TMC)
  • Guide Architecture

Healthcare Services

  • Premier Radiology Services

Industrial & Manufacturing

  • IMRIS

Greymont’s take

How Grovecourt Capital Partners fits a seller

Grovecourt suits founders of healthcare services and specialized professional services firms, such as teleradiology groups or engineering and architecture practices, who want a partner that will keep buying similar firms around them. Most of its recent activity is add-ons: since January 2026 its platforms have bought two radiology groups, two Florida engineering firms and a medical equipment planning consultancy. In those deals the founders generally stayed on, for example leading the MAIA practice inside Guide or keeping a leadership role at TMC.

Because Grovecourt does not publish a size range or name a committed fund, an owner should ask early how the firm will pay for a deal and who supplies the capital. An owner selling into one of its platforms should also ask whether they can roll equity into the larger company and how long Grovecourt expects to hold it.

Questions owners ask

What size companies does Grovecourt invest in?

Grovecourt calls itself a lower middle market investor in founder-led and family-owned businesses, but its website does not give a revenue, EBITDA or check size range.

Which industries does Grovecourt focus on?

Its criteria name business services, communication services, healthcare and industrials. Its current companies work in teleradiology, transportation engineering, healthcare architecture and intraoperative MRI equipment.

Do Grovecourt's portfolio companies buy smaller firms?

Yes. Premier Radiology Services bought MetisMD, NRAD and Global Imaging Solutions between July 2025 and April 2026, TMC bought CTSi and WBQ Engineering in 2026, and Guide Architecture bought MAIA Consulting in October 2026.

Do founders stay on after Grovecourt invests?

In its recent deals they generally have. Guide Architecture's leaders kept running the firm and remained significant owners after the April 2026 investment, and the founders of CTSi and MAIA took leadership roles in the combined companies.

Sources

  1. S1Grovecourt Capital Partners home page Accessed October 29, 2026
  2. S2Grovecourt Capital Partners: Our Approach Accessed October 29, 2026
  3. S3Grovecourt Capital Partners: Our Investments Accessed October 29, 2026
  4. S4Grovecourt Capital Partners: News and updates Accessed October 29, 2026
  5. S5Grovecourt Capital Partners: Our team Accessed October 29, 2026
  6. S6Grovecourt Capital Partners with Guide Architecture (April 20, 2026) Accessed October 29, 2026
  7. S7Guide Architecture Acquires MAIA Consulting (October 8, 2026) Accessed October 29, 2026
  8. S8Traffic & Mobility Consultants Acquires CTSi (May 4, 2026) Accessed October 29, 2026
  9. S9Grovecourt Capital Partners Announces Acquisition of IMRIS (February 19, 2025) Accessed October 29, 2026
  10. S10Grovecourt Capital Partners Announces Acquisition of Premier Radiology Services (June 12, 2023) Accessed October 29, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Grovecourt Capital Partners. Figures are as reported on the dates shown and may have changed. Request a correction

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