Healthcare with impact, partners with purpose.

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ABOUT

Lumea (“loo-meh-ah”): “To light the world”

Lumea Partners is a Dallas-based private equity firm specializing in healthcare. We collaborate with business owners seeking a partner for their next phase of growth, while preserving the culture and values of their company. We look for healthcare sectors with both organic tailwinds and fragmentation for strategic M&A. Lumea leverages our expertise to focus on growth, whether through add-on acquisitions, de novo locations, or new customers, products, services, or technology. Our goal is to work with high-integrity business owners to make healthcare a better place for patients, customers, and team members.

Why us?

WHY LUMEA PARTNERS

Our focus

People-centric mindset

  • We are not operators and let you continue to run your business.
  • We build long-term relationships with our teams while upholding company
    cultures and values.

Repeatable growth framework

  • We have a repeatable process to drive growth, support teams, improve
    operations, and maximize enterprise value.

Strategic alignment

  • Align on strategic plan before closing to get off to a fast start
  • Patient investors that can truly collaborate with our partners

Flexibility of capital

  • Follow on capital to invest in areas of growth and strategic importance
  • Prudent use of leverage to allow businesses flexibility to grow

APPROACH

Trust and Communication

Trust is the greatest commodity in business, and we pride ourselves on
communication and doing what we say we will do

Move Fast and Grow

We want to align on our strategic goals before closing, then move quickly
towards those goals

Operations & Technology Focus

Improve operational processes and utilize technology to drive efficiency,
productivity, and enduring competitive advantage.

Aligned Incentives

Align career paths, organizational structure, and capital structure to drive
win-win results for all stakeholders.

Long-Term Thinkers

We seek to invest in businesses and sectors that will be around for
decades.

FOCUS

Healthcare Business Services

 Healthcare Providers

 Consumer Health & Wellness

EBITDA

Add-on Acquisitions: No size parameters

%

EBITDA margins

✓ Majority and minority investments

✓ Typically first-time institutional capital

BUSINESS ATTRIBUTES

Customer or patient-first culture

Management team aligned with future growth

History of revenue and EBITDA growth

Strong revenue predictability and retention

Organic and M&A growth opportunities

Attractive sector with long-term tailwinds

TEAM

Alek Blankenau

Partner

Aaron Handler

Partner

PORTFOLIO

Sunshine Pediatric Day Centers

Based in Dallas, TX, Sunshine Pediatric Day Centers is an operator of Prescribed Pediatric Extended Care Centers, medical daycare facilities providing care to children with complex medical conditions.

Acute Behavioral Health

Based in Nashville, TN, Acute Behavioral Health provides inpatient and outpatient behavioral health programs for young people, while reducing the number of children who are placed in state custody to access treatment.

Contact

Parkland Hall at Old Parkland

3889 Maple Avenue Suite 550a

Dallas, TX 75219

3 + 12 =

Alek Blankenau

ablankenau@lumeapartners.com

LINKEDIN

Alek is a Partner and Co-Founder of Lumea Partners, where he leads investment sourcing, execution and portfolio management across the healthcare sector. Prior to co-founding Lumea, he served as an investor at both Latticework Capital Management and Havencrest Capital Management, middle-market private equity firms focused exclusively on healthcare.

Before specializing solely in healthcare, Alek worked for a generalist private-equity firm and began his professional journey in investment banking.

Alek holds an A.B. in Economics from Harvard College, where he also competed on the basketball team. He is passionate about youth education, serving as Chair of the Scholarship Committee for the Boys & Girls Club of Greater Dallas. Originally from Lincoln, Nebraska, Alek resides in Dallas with his wife. Outside of work, he enjoys playing basketball, fishing and cheering for the Nebraska Cornhuskers.

Aaron Handler

aaron@elmcreekpartners.com

LINKEDIN

Aaron is a Partner and Co-Founder of Lumea Partners, responsible for sourcing and closing transactions, identifying the firms capital and operating partners, and finding ways to add value to all stakeholders throughout the lifecycle of an investment.

Before Lumea Partners, Aaron co-founded Elm Creek Partners, where he led lower- middle-market private equity investments through the entire investment cycle. Prior to Elm Creek Partners, Aaron spent over five years with Red River Ventures executing a similar investment strategy and serving as a director for several of its portfolio companies, was a part of the business development group at ServiceLane.com, and spent three years with the Corporate Finance Department of Southwest Securities (NYSE: SWS).

Aaron serves, or has previously served, on several community boards and steering committees, including the Boy Scouts of America’s Troop 70, Congregation Shaare Tefilla, the Legacy Senior Communities, the Dallas Hebrew Free Loan Association, and Chabad of Dallas. Aaron is married with three children and is a graduate of both Boston University (BA, cum laude with Distinction) and TCU (MBA).

While Aaron is a passionate investor and advocate for Lumea’s portfolio and management teams, he’s also a frustrated photographer and is working to gain fluency in a second language. You can find his work on Instagram @aaronhandler.

Sunshine Pediatric Day Centers

VISIT SITE

Sector

Pediatric Care

Investment Thesis

As a Prescribed Pediatric Extended Care Center (“PPECC”) for children with complex medical needs, Sunshine offers a unique clinical model, including transportation and full-day programming, to allow parents time to focus on their employment and other duties. Children treated in PPECCs can receive a higher quality of care at a lower cost to the healthcare system when compared to treatment via private duty nursing. We partnered with the Founder and CEO of Sunshine to support the opening of new locations in Texas, growth into additional states, and the addition of complimentary services.

Acute Behavioral Health

VISIT SITE

Sector

Behavioral Health

Investment Thesis

ABH provides evidence-based behavioral treatment within a residential setting for adolescents with severe mental health issues. The company's approach combines out-of-home care with psychiatric services, with a consistent focus on stabilizing, correcting, and reintegrating young people with their families and communities. This market segment has historically been underserved, with states struggling to find providers to help their growing populations. We partnered with an experienced management team to acquire existing facilities, expand their bed count, create a continuum of care, and establish ABH as a provider of choice.