Lightbay Capital to acquire a majority stake in Ro Health from Achieve Partners.

LightBay Capital, a Los Angeles-based private equity firm, agreed to acquire a majority stake in Ro Health, a nationwide healthcare staffing and home health company, from Achieve Partners, a private equity firm based in New York. Financial terms were not disclosed. "At Ro Health, our team is dedicated to taking great care of our providers so they can focus on taking great care of the students. LightBay’s experience in scaling growth-focused businesses and their proven success in partnering with healthcare teams make them the ideal partner to help us achieve our strategic objectives. Their people-first approach aligns deeply with Ro Health’s guiding principles, and we are confident that this partnership will allow us to elevate our providers’ experience and better serve our clients and patients. I would also like to thank Achieve Partners for their invaluable support in helping Ro Health reach this significant milestone,” Jeff Widmyer, Ro Health CEO.