Firm at a glance
Pharos Capital Group is a platform private equity firm founded in 1998 and headquartered in Dallas, TX, per its own website [S1].
What they buy
Pharos Capital Group focuses exclusively on healthcare services businesses, according to its portfolio composition [S1]. The firm’s observed investments span telepsychiatry, dialysis and renal care, behavioral health, hospice and home health, and cardiac monitoring [S1]. Portfolio companies appear to operate primarily in provider-facing and patient care delivery models, with several platforms pursuing add-on acquisition strategies in fragmented subsectors.
Portfolio
Behavioral Health
Beacon Specialized Living [S1] and SUN Behavioral Health [S1] both operate in this sector. SUN Behavioral Health acquired Seaside’s Community Agencies in May 2025 [S2].
Renal and Dialysis Care
Sanderling Renal Services, a platform acquired in May 2022 [S2], provides dialysis and renal care services. Renal Care 360°, acquired as a platform in February 2023 [S2], focuses on chronic kidney care management.
Hospice and Home Health
THEMA Health Services, a platform acquired in October 2021 [S2], operates in this sector.
Cardiac and Telepsychiatry
RhythMedix, a cardiac monitoring platform acquired in January 2024 [S2], and FasPsych, a telepsychiatry provider [S1], round out the portfolio.
Recent activity (last 24 months)
– **January 2024**: Acquired RhythMedix, a cardiac monitoring platform [S2]
– **May 2025**: SUN Behavioral Health acquired Seaside’s Community Agencies as an add-on [S2]
How this firm fits a seller
Pharos Capital Group appears suited for healthcare services businesses seeking a sector-focused buyer with approximately 27 years of industry experience as of 2025 [S1]. The firm has raised more than $1.5 billion in assets since inception through April 2026, per public sources [S1]. The portfolio demonstrates a platform-building approach, with multiple companies designated as platforms and at least one add-on transaction completed in the trailing 12 months [S2]. Healthcare services sellers in behavioral health, renal care, hospice, or specialty medical services may find sector alignment with this buyer.
Sources
[S1] https://www.pharosfunds.com (as of 2025-01-15)
[S2] https://www.pharosfunds.com/news (as of 2025-01-15)
Frequently asked questions
Does Pharos Capital Group buy behavioral health businesses?
Yes, behavioral health represents a meaningful portion of the firm’s portfolio. Pharos Capital Group holds investments in Beacon Specialized Living and SUN Behavioral Health [S1], with SUN Behavioral Health completing an add-on acquisition of Seaside’s Community Agencies in May 2025 [S2].
What companies has Pharos Capital Group acquired recently?
The firm acquired RhythMedix, a cardiac monitoring platform, in January 2024 [S2]. More recently, portfolio company SUN Behavioral Health acquired Seaside’s Community Agencies in May 2025 as an add-on transaction [S2]. Earlier platform acquisitions include Renal Care 360° in February 2023 and Sanderling Renal Services in May 2022 [S2].
Where is Pharos Capital Group based and how big is the firm?
Pharos Capital Group maintains offices in Dallas, TX and Nashville, TN [S1]. The firm has raised more than $1.5 billion in assets since its founding in 1998, per public sources as of April 2026 [S1].
Is Pharos Capital Group still actively acquiring?
Yes, the firm appears active based on recent transaction history. Pharos completed a platform acquisition in January 2024 and a portfolio company add-on in May 2025 [S2], indicating ongoing investment activity within the past 12 months.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.