The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MB Business Capital Provides $11.25MM Facility for Management Health Systems
Thursday, January 19, 2017
Lenders/Participants
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MB Business Capital [Lender]
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Structure
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Senior Credit Facility
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Amount
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$11.250
Million
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Borrower(s)
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Management Health Systems, LLC, dba MedPro Healthcare Staffing
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Description
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Proceeds of the new MB credit facility were used to facilitate a recapitalization of MedPro led by Harren Equity Partners. Brightwood Capital Advisors provided a new senior term loan as part of the transaction. MB’s credit facility will be used going forward to fund working capital needs to support continued growth of the business. Transaction details not disclosed.
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Industry
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Staffing Services
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Related Tags |
MB Business Capital, MB Financial Bank
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ABL Advisor
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