CANFIELD, OH – JP Capital Management (JPCM), a leading middle-market private equity firm, is pleased to announce the close of successful growth investment in CHCC Companies (CHCC), a network of community-based rehabilitation and assisted living facilities throughout Northeast Ohio. JPCM’s capital investment provided the financial leverage needed to boost the company’s regional expansion over the past decade, enabling the company to now serve over 1,000 residents.

“Many investors aren’t willing to undertake the risk that comes with a young company,” said Chief Executive Officer for CHCC Companies, Joe Cilone. I’m grateful to JPCM and our initial investors for seeing the value in our vision to enrich lives and elevate the standard of care for residents in our community.”

Established in 2007, CHCC operates skilled nursing and assisted living facilities in Calcutta, North Lima, Carrollton and Hubbard, and is acquiring more centers, including two in the Cleveland area. CHCC provides both long- and short-term healthcare and supporting services tailored to each resident’s unique needs—with compassion, respect, excellence and integrity.

Jim Pastore, Principal and Founder of JP Capital Management, added, “It has been a privilege to partner with Joe and the outstanding team at CHCC. The company has always been empowered by core, small-community values and that is reflective in the benefit we’re seeing for our stakeholders— residents, employees and investors.”

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About CHCC Companies
Established in 2007, CHCC has a long-standing reputation for providing quality of life for residents in our community. CHCC is committed to the continuum of care for each resident, working to achieve successful lifestyle transitions and well-being for each individual. For more information about CHCC Companies, please visit

About JP Capital Management
JPCM provides growth capital to companies ranging from $5 million to $100 million in revenue, which have strong management teams and competitive positions within their respective industries. JP Capital owns and operates a diversified portfolio of companies in healthcare, real estate, recycling, manufacturing and commodity brokerage. JP Capital also specializes in debt restructuring and company recapitalization. For more information, please visit