Formation Capital Overview

  • Investor Type
  • PE/​Buyout

  • Status
  • Active

  • Professionals
  • 4

Professionals

  • Investments
  • 39

  • Portfolio
  • 3

  • Exits
  • 21

Exits

Formation Capital General Information

Company Description

Founded in 1999, Formation Capital is a private equity firm based in Atlanta, Georgia. The firm prefers to invest in nursing, senior housing, behavioral health, hospice, and related ancillary services sectors.

Business Details

Year Founded
1999
Investor Status
Actively Seeking New Investments
Primary Investor Type
PE/Buyout
Other Investor Types
Asset Manager
Real Estate
Corporate Office
  • 3550 Lenox Road NorthEast
  • 21st Floor, Suite 6345
  • Atlanta, GA 30326
  • United States
+1 (770) 000-0000

Formation Capital Investments (39)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
TSOLife 18-Oct-2022 00000 00000 00.000 Other Healthcare Technology Systems Generating Revenue 000000 0000000
Seniorly 28-Oct-2021 00000 00000 00.00 Elder and Disabled Care Generating Revenue 000000 0000000
SkyPoint Cloud 01-Jan-2021 0000 00000 00.00 Business/Productivity Software Generating Revenue
Bupa (122 care homes) 22-Dec-2017 0000000000 00000 Buildings and Property 000000 0000000
Southern Resources Consultants 31-May-2017 Buyout/LBO Elder and Disabled Care Generating Revenue
You’re viewing 5 of 39 investments. Get the full list »

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Formation Capital Exits (21)

Company Name Exit Date Exit Type Exit Size
NorthStar Healthcare Income (Extendicare U.S. Business) 01-Jun-2023 000000000000000000
Formation Capital (14 Skilled Nursing Facilities in Virginia, Maryland and Pennsylvania) 01-May-2023 000000000 00000 00
HC-One 01-Dec-2022 000000000000000000
Carolina Gardens Senior Living 02-Nov-2021 000000000 00000 00 00.000
Performance Systems Development 01-Aug-2021 Secondary Transaction - Private
You’re viewing 5 of 21 exits. Get the full list »

Formation Capital Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Formation Capital Management, Team & Partners (26)

Name Title Deals Funds Boards Office
David Russ Chief Executive Officer Atlanta, GA
Joseph McDurmont Chief Financial Officer Atlanta, GA
Arnold Whitman Executive Chairman & Co-Founder 00 0 0 Atlanta, GA
Nela Powell Chief Compliance Officer & Senior Vice President Atlanta, GA
David Rihner Vice President, Portfolio Controller Atlanta, GA
You’re viewing 5 of 26 team members. Get the full list »

Formation Capital FAQs

  • What is Formation Capital?

    Founded in 1999, Formation Capital is a private equity firm based in Atlanta, Georgia.

  • When was Formation Capital founded?

    Formation Capital was founded in 1999.

  • Who is the founder of Formation Capital?

    Arnold Whitman and Steven Fishman are the founders of Formation Capital.

  • Who is the CEO of Formation Capital?

    David Russ is the CEO of Formation Capital.

  • Where is Formation Capital headquartered?

    Formation Capital is headquartered in Atlanta, GA.

  • What is Formation Capital's total asset value?

    Formation Capital has around 00.00 in total assets under management.

  • How many investments has Formation Capital made?

    Formation Capital has made 39 investments.

  • What has Formation Capital invested in?

    Formation Capital has made numerous investments in companies like TSOLife, Seniorly, and SkyPoint Cloud within the Healthcare Technology Systems, Elder and Disabled Care, and Business/Productivity Software industries.

  • What has Formation Capital invested in recently?

    Formation Capital's latest investment was on 18-Oct-2022 in TSOLife, a company within the Healthcare Technology Systems industry.

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