Blue Cloud Expands with Great Hill Stake Acquisition

Great Hill Partners, a private equity firm notable for its investments in high-growth sectors, has acquired a majority stake in Blue Cloud Pediatric Surgery Centers from The Rise Fund, part of TPG's impact investing platform. Blue Cloud is the largest provider of pediatric dental ambulatory surgery centers in the United States, offering a cost-effective alternative to hospital operating rooms. The investment, announced on August 13, 2025, aims to enhance Blue Cloud’s ability to provide accessible and high-quality dental and oral surgery services to pediatric and special-needs patients. The acquisition aligns with Great Hill’s strategy to invest in disruptive and scalable companies across various sectors, including healthcare. While the terms of the transaction have not been disclosed, this move signifies Great Hill’s commitment to impacting the healthcare sector by broadening service access and improving patient care quality. Founded in 2011, Blue Cloud partners with dentists, payors, and health systems to deliver surgeries under general anesthesia. Great Hill, managing over $12 billion in commitments, continues to strengthen its portfolio by focusing on sustainable and growth-driven enterprises. TPG’s Rise Fund, managing approximately $29 billion in assets, emphasizes non-concessionary returns alongside social and environmental impacts.