Lower middle market healthcare services private equity firm
Seven Hills Capital
- HeadquartersNashville, TN S2
- Founded2016 S2
- Website7hillscap.com
- Last verifiedOctober 27, 2026
At a glance
| Latest fund | Seven Hills Capital Fund II, $235M (Feb 2026) S5 |
|---|---|
| EBITDA range | $1M to $20M S3 |
| Revenue range | $2M to $50M S3 |
| Deal types | Platform, Add-on S3 |
| Geography | Midwest, Southeast S3 |
| Sectors | Healthcare Services |
What Seven Hills Capital buys
Seven Hills Capital is a Nashville private equity firm, founded in 2016, that invests only in healthcare services. It takes majority control of entrepreneur-led companies raising institutional money for the first time, with $2 million to $50 million of revenue and $1 million to $20 million of EBITDA, and headquartered in the Midwest or Southeast. Target niches include urgent and rural care, behavioral health, medical aesthetics and wellness, complex rehab and medical equipment, managed care services, infusion, and maternal health. The team describes itself as former operators who work closely with each company's leadership.
Seven Hills closed Fund II at its $235 million hard cap in February 2026, about two years after a $125 million first fund. Its current platforms are ExperCARE (urgent and primary care), VersiCare Group and its affiliate Associates in Pediatric Therapy (disability and pediatric therapy services), Spa Medicca (medical aesthetics) and CPS Infusion. A smaller practice is most likely to join one of these as an add-on, and several company pages spell out the kinds of acquisitions they want.
Recent deals
Announced in the 24 months before October 27, 2026.
| Date | Company | Type | Sector | Source |
|---|---|---|---|---|
| Sep 2026 | Dr. Nicholas E. Sherock LLC & AssociatesWomen's health and hormone therapy practice in Massillon and Orrville, Ohio, added to Spa Medicca | Add-on | Healthcare Services | Source |
| Apr 2026 | After Hours ClinicUrgent care clinics in Jasper and Sumiton, Alabama, added to ExperCARE; closed March 31, 2026 | Add-on | Healthcare Services | Source |
| Feb 2026 | Seven Hills Capital Fund IIFirst and final close at the $235 million hard cap in under three months | Fund close | Source | |
| Jan 2026 | Reliable MedicalComplex rehab and medical equipment provider sold to Gauge Capital in a recapitalization | Exit | Healthcare Services | Source |
| Dec 2025 | CHS GroupSoutheast Michigan community living and respite provider added to VersiCare Group | Add-on | Healthcare Services | Source |
| Sep 2025 | CPS InfusionFounder-led outpatient infusion provider with seven Atlanta-area centers; partnership formed in August 2025 | Platform | Healthcare Services | Source |
| Feb 2025 | Spa MediccaCincinnati medical spa platform; partnership formed in February 2024 and announced in 2025 | Platform | Healthcare Services | Source |
| Feb 2025 | Amy Brenner, MD & AssociatesCincinnati area aesthetics and hormone therapy practice added to Spa Medicca | Add-on | Healthcare Services | Source |
| Feb 2025 | Certified Seating and MobilityGeorgia complex rehab provider added to Reliable Medical | Add-on | Healthcare Services | Source |
Portfolio by sector
From the firm's portfolio page S4.
Aesthetic Medicine & Wellness
- Spa Medicca
Behavioral Health (I/DD and Autism Services)
- VersiCare Group
Infusion Services
- CPS Infusion
Pediatric Therapy & Autism Services
- Associates in Pediatric Therapy
Urgent Care, Primary Care and Occupational Health
- ExperCARE Health
Past investments: Reliable Medical
Greymont’s take
How Seven Hills Capital fits a seller
Seven Hills suits founders of Midwest or Southeast healthcare services businesses that have never taken outside investment and want a partner that works only in healthcare. It takes majority control, so a founder gives up the final say but can keep a leading role: ExperCARE's founder and CEO partnered with Seven Hills in 2022 and is still building the company with it, and After Hours Clinic kept its name, staff and providers when it joined ExperCARE in 2026. The firm backs new locations as well as acquisitions, and ExperCARE opened five clinics in 2026. Seven Hills screens for companies that larger buyers would later want, and in January 2026 it sold Reliable Medical to Gauge Capital. An owner should ask how much equity to roll over, what their role would be, and how long Seven Hills expects to hold the business.
Questions owners ask
What size companies does Seven Hills Capital invest in?
Its focus page lists $2 million to $50 million of revenue and $1 million to $20 million of EBITDA, for healthcare services companies headquartered in the Midwest or Southeast that are raising institutional capital for the first time.
Which healthcare services does Seven Hills target?
Its listed niches are complex consumer health, urgent and rural care, behavioral health, medical aesthetics and wellness, complex rehab and medical equipment, managed care services, infusion services and maternal health.
Does the practice keep its name and staff after joining a Seven Hills company?
In the April 2026 After Hours Clinic deal, the clinic kept its existing name and all current staff and providers after joining ExperCARE. After Amy Brenner, MD & Associates joined Spa Medicca, it opened a second location in 2025 with Dr. Brenner still overseeing care.
How large is Seven Hills' current fund?
Fund II closed at its $235 million hard cap in February 2026, less than three months after launch and about two years after Fund I raised $125 million.
Sources
- S1Seven Hills Capital home page Accessed October 27, 2026
- S2Seven Hills Capital: Our Firm Accessed October 27, 2026
- S3Seven Hills Capital: Our Focus Accessed October 27, 2026
- S4Seven Hills Capital: Our Companies (with individual company pages showing status) Accessed October 27, 2026
- S5Seven Hills Capital Announces Close of Sophomore Fund at $235 Million Hard Cap (February 27, 2026) Accessed October 27, 2026
- S6Seven Hills Capital Holds First and Final Closing of Inaugural Fund (December 2023) Accessed October 27, 2026
- S7Gauge Capital: Reliable Medical Announces Next Phase of Growth with New Capital Partner (January 5, 2026) Accessed October 27, 2026
- S8Seven Hills Capital: ExperCARE Accessed October 27, 2026
- S9ExperCare Health Opens the 5th New Location in 2026 (October 2026) Accessed October 27, 2026
- S10Seven Hills Capital: Firm News Accessed October 27, 2026
- S11Amy Brenner, MD & Associates Opens Second Location (June 2025) Accessed October 27, 2026
Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Seven Hills Capital. Figures are as reported on the dates shown and may have changed. Request a correction