SLR Healthcare ABL has provided financing for a $15MM asset-based revolving credit facility for a commercial stage medical device company in the pain management space (“Company”). The Company’s minimally invasive, non-steroidal and non-narcotic...
Read Story
|
Varex Imaging Corporation entered into a senior secured revolving credit agreement for an initial aggregate principal amount of up to $155 million. Zions Bancorporation acted as lead arranger and bookrunner for the new RLOC Facility. Simultaneously...
Read Story
|
Garrington Capital funded a $700,000 term loan to a support the buildout of a Cincinnati-based surgical center and purchase of equipment. The borrower is a private outpatient surgery center specializing in spinal and orthopedic procedures and...
Read Story
|
Xtant Medical Holdings, a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced that the Company’s revolving credit agreement with MidCap Financial Trust was amended to increase the...
Read Story
|
Establishment Labs Holdings, a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, amended its $225 million term loan facility with funds managed by Oaktree Capital Management...
Read Story
February 26, 2024, 07:00 AM
|
B. Riley Securities served as exclusive financial advisor to ProSmile Holdings, LLC, one of the largest and fastest growing Dental Service Organizations (“DSO”) in the Mid-Atlantic region, in its successful debt financing from BankUnited, a...
Read Story
February 23, 2024, 07:30 AM
|
Citizens M&A Advisory served as the exclusive financial advisor to Pulse Technologies on its acquisition by Integer Holdings.Headquartered in Quakertown, PA., Pulse Technologies is a leading contract manufacturing, technology and engineering...
Read Story
January 25, 2024, 07:00 AM
|
Sight Sciences, an eyecare technology company focused on developing and commercializing innovative technology intended to transform care and improve patients’ lives, closed an up to $65 million senior secured credit facility with Hercules Capital....
Read Story
January 24, 2024, 08:00 AM
|
Artivion, a leading cardiac and vascular surgery company focused on aortic disease, closed a comprehensive, non- dilutive definitive credit agreement with Ares Management Credit funds for $350 million of senior secured, interest-only, credit...
Read Story
January 19, 2024, 07:43 AM
|
DecisionRx, a value-based healthcare company reducing the cost of care by helping physicians eliminate medication failure, entered into a $100 million credit facility with global investment firm Carlyle.The financing will support the cost-bearing...
Read Story
January 12, 2024, 07:50 AM
|
enGene Holdings, a clinical-stage genetic medicines company whose lead EG-70 program is in a pivotal study for BCG-unresponsive non-muscle invasive bladder cancer (NMIBC), entered into an amended USD $50 million loan agreement with Hercules Capital....
Read Story
December 27, 2023, 08:00 AM
|
Trinity Capital announced the commitment of $40 million in term loans to Taysha Gene Therapies, a clinical-stage gene therapy company, pursuant to a Loan and Security Agreement dated November 13, 2023, by and among Taysha, the lenders party thereto...
Read Story
December 19, 2023, 07:55 AM
|
Paragon 28, a leading medical device company exclusively focused on the foot and ankle orthopedic market, received a new $150 million credit facility from Ares Capital Corporation to replace its existing $90 million senior credit facility. The...
Read Story
November 08, 2023, 08:05 AM
|
Citizens M&A Advisory served as the exclusive financial advisor to ACU-Serve Corp. on its majority growth investment from Lovell Minnick Partners, a private equity firm focused on investments in financial services, business services and financial...
Read Story
November 01, 2023, 07:04 AM
|
Siena Lending Group closed a CDN$30 million credit facility to support the acquisition of Ottawa, Canada based companies Ontario Medical Supply (“OMS”) and Royal Drugs, by Capital Health Partners (“CHP”). CHP will carry on and expand OMS’ medical...
Read Story
October 19, 2023, 07:49 AM
|
Senseonics Holdings, a medical technology company focused on the development and manufacturing of long-term, implantable continuous glucose monitoring (CGM) systems for people with diabetes, entered into a $50 million loan facility with Hercules...
Read Story
September 12, 2023, 07:45 AM
|
Twin Brook served as administrative agent on debt financing to support Trinity Hunt Partners’ refinancing of Centricity Research, a leading clinical research services provider specializing in conducting Phase I-IV clinical trials across more than 40...
Read Story
August 25, 2023, 06:00 AM
|
Trinity Capital announced the commitment of $12 million in growth capital to Delphinus Medical Technologies, Inc. ("Delphinus"), a medical imaging company that has developed SoftVue™, a dense breast screening innovation that increases cancer...
Read Story
August 23, 2023, 07:38 AM
|
Dynatronics Corporation, a leading manufacturer of athletic training, physical therapy, and rehabilitation products, announced that on August 1, 2023 the Company and its subsidiaries entered into a new Loan and Security Agreement with Gibraltar...
Read Story
August 07, 2023, 07:28 AM
|
ViewRay announced that it and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of Title 11 the U.S. Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court for the District of Delaware. The Company...
Read Story
|
Henry Schein, the world’s largest provider of health care solutions to office-based dental and medical professionals, closed on a new $750 million credit facility with a maturity date of July 2026. JP Morgan Securities and U.S. Bank acted as Joint...
Read Story
|
Myriad Genetics, a leader in genetic testing and precision medicine, established a new $90 million asset-based credit facility with JPMorgan Chase Bank as administrative agent and issuing bank, and the other lender parties thereto consisting of Wells...
Read Story
|
White Oak ABL and White Oak Commercial Finance, the asset-based lending affiliates of White Oak Global Advisors provided a $40 million North America ABL credit facility to Invacare Holdings Corporation, a leading manufacturer and distributor of...
Read Story
|
Merit Medical Systems, a leading global manufacturer and marketer of healthcare technology, entered into a new, five-year senior secured credit agreement. The credit agreement includes a revolving credit facility in an aggregate principal amount of...
Read Story
|
NXT Capital closed a unitranche facility in support of Graham Partners’ acquisition of Rhythmlink. NXT Capital acted as the Joint Lead Arranger on this transaction. “The NXT Capital team displayed great expertise and worked quickly and efficiently to...
Read Story
|
Oakworth Capital Bank acted as servicer and sole agent for a senior secured credit facility that supports the Navis Clinical Laboratories purchase of the clinical laboratory business of Cordant Health Solutions. Proceeds from the financing were used...
Read Story
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Sabai Group, LLC by Thompson Street Capital Partners. Additionally, Abacus...
Read Story
February 13, 2023, 07:50 AM
|
Eyenovia entered into a $15 million credit facility with the Avenue Venture Opportunities Fund, L.P. The financing is intended to support manufacturing in anticipation of a MydCombi launch and clinical supply for ongoing programs.Per the terms of the...
Read Story
December 01, 2022, 07:00 AM
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Sole Lender for senior secured credit facilities to support the leveraged buyout of Summit Clinical Research, LLC by LongueVue Capital. Additionally, Abacus made...
Read Story
November 21, 2022, 07:46 AM
|
Biodesix, Inc., a data-driven diagnostic solutions company with a focus in lung disease, obtained a term loan facility for up to $50 million from Perceptive Advisors. This debt capital, which is conditioned on the Company raising at least $30 million...
Read Story
November 21, 2022, 07:40 AM
|
ViewRay entered into a new five-year loan facility agreement with MidCap Financial and Silicon Valley Bank. The Agreement consists of a term loan of up to $100 million and a revolving line of credit of up to $25 million. "We are pleased with the...
Read Story
November 15, 2022, 07:45 AM
|
Outset Medical, a medical technology company pioneering a first-of-its-kind technology to reduce the cost and complexity of dialysis, entered into two senior secured credit facilities with investment affiliates managed by SLR Capital Partners, LLC...
Read Story
November 07, 2022, 07:22 AM
|
When a critical-response organization mobilizes to provide support to communities impacted by a natural disaster, having the funds to make payroll and operate effectively should not be a concern. To help Jacksonville, Florida-based Critical Response...
Read Story
November 02, 2022, 07:10 AM
|
Runway Growth Capital, a leading provider of growth loans to both venture and non-venture-backed companies seeking an alternative to raising equity, announced the close of a senior secured term loan of $45 million to Nalu Medical, Inc. (“Nalu”), a...
Read Story
October 25, 2022, 07:58 AM
|
Surmodics, a leading provider of medical device and in vitro diagnostic technologies to the healthcare industry, entered into a new, five-year credit agreement with MidCap Financial (“MidCap”), comprised of up to $100 million in term loans and a $25...
Read Story
October 18, 2022, 07:54 AM
|
PROCEPT BioRobotics, a surgical robotics company focused on advancing patient care by developing transformative solutions in urology, entered into a new five-year $52 million loan arrangement with CIBC Innovation Banking. Proceeds from the new term...
Read Story
October 11, 2022, 07:46 AM
|
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business has provided $110 million in senior secured credit facilities to Quipt Home Medical Corp. Headquartered in Cincinnati, Ohio, Quipt is a leader in the home medical...
Read Story
September 19, 2022, 08:05 AM
|
Aziyo Biologics, a commercial-stage regenerative medicine company entered into a $25 million credit facility from SWK Holdings Corporation.The new credit facility provides for an initial term loan of $21 million that the Company intends to use to...
Read Story
August 11, 2022, 07:09 AM
|
RefleXion Medical, a therapeutic oncology company pioneering the use of biology-guided radiotherapy (BgRT)* for all stages of cancer, announced the closing of a $125M debt facility, of which $55M is available immediately to repay the company’s...
Read Story
|
Oxford Finance closed a $30 million senior secured term loan with Selux Diagnostic, Inc., a Boston-based medical device company leading a new era in personalized diagnostics to combat superbug infections and fight antibiotic resistance.Proceeds from...
Read Story
|
Silk Road Medical, a company focused on reducing the risk of stroke and its devastating impact, entered into a new five-year loan arrangement with Oxford Finance (Oxford) comprising up to a $200 million term loan and up to a $50 million revolving...
Read Story
|
TELA Bio, a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions that optimize clinical outcomes by prioritizing the preservation and restoration of the patient's own anatomy, entered into a...
Read Story
|
Cincinnati-based Standard Bariatrics, an emerging leader in the bariatric surgery medical device field, closed a debt facility on April 27, 2022, with Silicon Valley Bank (SVB). The debt facility provides $7 million in term loans of which the first...
Read Story
|
Treace Medical Concepts entered into a new five-year $150 million loan arrangement with MidCap Financial, comprising up to $120 million in term loans and a $30 million revolving credit facility. Proceeds from the new term loan refinanced the...
Read Story
|
Establishment Labs Holdings, a medical technology company focused on women’s health, initially in the breast aesthetics and reconstruction market, entered into a $225 million term loan financing facility with funds managed by Oaktree Capital...
Read Story
|
Click Therapeutics, a leader in Digital Therapeutics™ as prescription medical treatments, secured a $15 million term loan from Silicon Valley Bank. Proceeds from the financing were used in part to retire Click’s existing term loan facility with K2...
Read Story
|
Runway Growth Capital closed a senior secured term loan of $25 million to Revelle Aesthetics, Inc., a developer of novel medical devices for women's most bothersome aesthetic needs. With an initial focus on smartly treating cellulite, Revelle's...
Read Story
|
Neuronetics amended its term loan agreement with its current lenders, investment affiliates managed by SLR Investment Corp. (SLR), which was originally entered into on March 2, 2020 and subsequently amended on April 20, 2020 and December 2, 2020....
Read Story
February 22, 2022, 07:45 AM
|
Apollo Endosurgery, a global leader in less invasive medical devices for gastrointestinal and bariatric procedures, entered into a debt financing agreement with an affiliate of Innovatus Capital Partners to provide Apollo with up to $100 million in...
Read Story
December 22, 2021, 07:25 AM
|
Alpha Metallurgical Resources refinanced its Asset-Based Revolving Credit Facility, which was previously set to expire in April 2022. The new $155 million facility will mature in December 2024 and includes $125 million committed availability for...
Read Story
December 07, 2021, 07:42 AM
|
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team offered a lending solution to support the growth of LAB Medical Manufacturing with...
Read Story
December 02, 2021, 07:55 AM
|
Assure Holdings Corp., a provider of intraoperative neuromonitoring services, entered into an amending agreement to its Commitment Letter dated March 8, 2021, with Centurion Financial Trust, an investment trust managed by Centurion Asset Management...
Read Story
November 29, 2021, 07:32 AM
|
Wingspire Capital provided a $40 million senior secured credit facility to Theragenics Corporation, a developer and manufacturer of innovative medical devices.The transaction included a $20 million revolving line of credit and a $20 million term loan...
Read Story
November 10, 2021, 08:15 AM
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the dividend recapitalization MGC Diagnostics Corporation, an Altus Capital Partners portfolio...
Read Story
September 27, 2021, 07:25 AM
|
Integer Holdings, a leading medical device outsource manufacturer, announced that as a result of its financial strength and favorable debt markets, the company has successfully raised $1 billion in Senior Secured Credit Facilities to refinance its...
Read Story
September 03, 2021, 07:08 AM
|
Better Therapeutics, a prescription digital therapeutics company developing cognitive behavioral therapy to address the root causes of cardiometabolic diseases, secured a loan facility for up to $50 million from Hercules Capital. “This transaction...
Read Story
August 26, 2021, 07:50 AM
|
Henry Schein, the world's largest provider of health care products and services to office-based dental and medical practitioners, amended its revolving credit facility, including an increase in the maximum borrowing amount from $750 million to $1...
Read Story
August 23, 2021, 08:00 AM
|
Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the growth recapitalization of Kymanox Corporation by WestView Capital Partners. Abacus also made...
Read Story
August 23, 2021, 07:53 AM
|
Taysha Gene Therapies entered into a loan and security agreement with Silicon Valley Bank (SVB) that provides Taysha with up to $100 million of borrowing capacity.“Access to this non-dilutive financing at an attractive cost of capital, along with the...
Read Story
August 16, 2021, 07:30 AM
|
LivaNova PLC announced the early retirement of its $450 million five-year senior secured term loan (the Term Loan). To retire the Term Loan, LivaNova repaid the $450 million principal amount outstanding, plus accrued interest and an approximately $35...
Read Story
August 16, 2021, 07:14 AM
|
Motus GI Holdings, a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, refinanced its debt and expanded...
Read Story
|
Micron Solutions announced that Micron Products entered into a new three year $7,000,000 Loan and Security Agreement with Berkshire Bank on June 30, 2021, replacing the Company’s previous lender.The Agreement includes a revolving line of credit of up...
Read Story
|
American Oncology Network closed on a financing agreement with PNC Bank. The $85 million financing deal will facilitate AON’s continued growth and the ability to provide exceptional cancer care to patients.“Our credit facility with PNC Bank is an...
Read Story
|
Assure Holdings, a provider of intraoperative neuromonitoring services (“IONM”), entered into a definitive agreement with Centurion Financial Trust, an investment trust formed by Centurion Asset Management Inc. (“Centurion”) in respect of an...
Read Story
|
Paragon 28 entered into a credit facility with MidCap Financial providing Paragon 28 access up to $70 million in total credit."We are very pleased with this new credit facility and our relationship with MidCap, providing Paragon 28 access to flexible...
Read Story
|
Xtant Medical Holdings, a global medical technology company focused on surgical solutions for the treatment of spinal disorders, announced that the company and its subsidiaries have entered into credit agreements with MidCap Financial Trust. The...
Read Story
|
Accuray entered into a new five-year $80 million term loan and $40 million revolving credit facility with Silicon Valley Bank and a syndicate of banks. The closing and funding of the new credit facility is subject to customary conditions precedent...
Read Story
|
Oxford Finance closed a $50 million senior secured term loan with Mainstay Medical Holdings plc, a medical device company focused on commercializing an innovative implantable restorative neurostimulation system, ReActiv8®, for the treatment of...
Read Story
|
Third Pole Therapeutics, a privately held company developing critical life-sustaining cardio-pulmonary therapies, entered into a $15 million debt facility with Avenue Venture Opportunities Fund, L.P."We are pleased to partner with Avenue Venture Fund...
Read Story
|
Oxford Finance provided a senior credit facility and revolving line of credit with Renalogic, an industry leader in dialysis risk management and cost containment solutions.Proceeds from the transaction were used to support growth initiatives and to...
Read Story
|
Journey Medical Corporation entered into an agreement with East West Bank in which EWB will provide a $7.5 million working capital line of credit.The line of credit is secured by Journey Medical’s receivables and cash. Interest on the line is the...
Read Story
|
Horizon Technology Finance provided a $9 million venture loan facility to InfoBionic, Inc., of which $7 million has been initially funded. InfoBionic has developed an FDA-cleared, transformative SaaS remote monitoring system to help physicians more...
Read Story
|
Medical Equipment Manufacturer secured a new $195 million revolving credit facility from Global Private Equity Partners.Effective immediately, the new credit facility replaced the Company’s existing $70 million credit facility which was comprised of...
Read Story
February 17, 2021, 07:40 AM
|
InfuSystem Holdings secured a new $75 million revolving credit facility with JPMorgan Chase Bank, acting as the lead arranger with a syndicate of financial banking institutions that include Wells Fargo Bank, N.A., PNC Financial Services Group, Inc....
Read Story
February 12, 2021, 07:45 AM
|
AVEO Oncology announced that it has received a commitment letter for an incremental $10 million loan from Hercules Capital and its affiliates, to be added to the current tranched, $35 million debt facility secured with Hercules in August 2020 through...
Read Story
January 21, 2021, 08:00 AM
|
Horizon Technology Finance and Silicon Valley Bank provided a $20 million venture loan facility to Canary Medical, Inc., a medical data company improving healthcare outcomes with its proprietary smart medical devices. Under the terms of the agreement...
Read Story
January 05, 2021, 08:05 AM
|
Horizon Technology Finance Corporation has provided a $5 million venture loan to Corinth MedTech, Inc.Corinth is a medical device company which has developed the Veloxion™ System, an FDA-cleared device for treating symptoms related to Benign...
Read Story
December 30, 2020, 07:08 AM
|
Audax Private Debt and Adams Street Partners, as Joint Lead Arrangers, provided a unitranche credit facility to support Freeman Spogli’s acquisition of US Med-Equip (“USME” or the “Company”), a value-added distributor and rental provider of movable...
Read Story
December 14, 2020, 08:35 AM
|
Vapotherm, Inc., a global medical technology company focused on the development and commercialization of its proprietary high velocity therapy, which is used to treat patients of all ages suffering from respiratory distress, announced that it has...
Read Story
October 23, 2020, 08:05 AM
|
SSG Capital Advisors, LLC and Statesman Corporate Finance, LLC, acted as the investment bankers to HealthBridge Children's Hospital - Orange, CA, L.P. in the sale of substantially all of its assets to an affiliate of Vivra Specialty Care, LLC ("Vivra...
Read Story
October 09, 2020, 08:50 AM
|
RadNet, a national leader in providing high-quality, cost-effective, fixed-site outpatient diagnostic imaging services through a network of 332 owned and/or operated outpatient imaging centers, announced the amendment of its senior secured first lien...
Read Story
August 31, 2020, 09:00 AM
|
Oxford Finance announced the closing of a term loan and revolving line of credit to ReMed Holdings, LLC ("ReMed" or "the Company"), a leading provider of rehab services to patients with post-acute acquired brain injuries ("ABIs").The proceeds are...
Read Story
August 28, 2020, 07:10 AM
|
GA Global Partners, a B. Riley Financial company, announced that it will conduct an online public auction of the assets of Second Sight Medical Products, Inc. on June 25, 2020.Second Sight, a developer and manufacturer of implantable visual...
Read Story
|
LivaNova PLC announced its entry into a five-year $450 million senior secured credit facility through its wholly owned U.S. subsidiary, LivaNova USA, Inc. with funds managed by affiliates of Ares Management Corporation, as administrative agent and...
Read Story
|
Prestige Capital announced the closing of a $2,500,000 factoring arrangement for a Florida – based designer and distributor of vascular tubing, catheters and pediatric intravenous kits for sale to institutional medical concerns.The company was tasked...
Read Story
|
Oberland Capital Management LLC announced the closing of the Oberland Capital Healthcare Solutions Fund and affiliated funds, with $1.05 billion of capital commitments at the Fund's hard cap. The Solutions Fund will provide capital to...
Read Story
|
LQD Business Finance closed on a $2.0M asset-based line of credit with a clinical laboratory, regionally located in the southeast part of the nation. Even amid the COVID-19 related social distancing, the LQD Finance team was able to fully underwrite...
Read Story
|
Business Capital structured and delivered approximately $6MM in senior secured loans for NOVA IVF, a clinic established in 1987, providing in vitro fertilization (IVF) treatments with a consistent success rate well above average nationwide. With an...
Read Story
February 13, 2020, 09:05 AM
|
Alleon Healthcare Capital, a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a $750,000 medical...
Read Story
February 12, 2020, 08:00 AM
|
MedShift announced the execution of a new $13.5 million credit facility with First National Bank.The investment will refinance all existing company loans and provide device acquisition capital to support MedShift’s growth.“FNB’s group of Charlotte...
Read Story
November 11, 2019, 08:00 AM
|
Citizens Capital Markets, Inc., announced today that it served as the exclusive financial advisor to Trigon Holding, Inc. in the sale of substantially all of the assets of StelKast, Inc. to Globus Medical, Inc. The transaction was led by Ralph M....
Read Story
September 19, 2019, 08:55 AM
|
Apollo Medical Holdings, Inc. (AMEH), an integrated population health management company, announced that it has closed a new credit facility. The new aggregate $290 million credit facility consists of a $190 million senior secured term loan and a...
Read Story
September 13, 2019, 08:45 AM
|
Sight Sciences, Inc., a Menlo Park, Calif.-based medical device company focused on ophthalmology and optometry, glaucoma and dry eye disease, closed a $31m in Series D financing.The round was led by KCK Group with participation from MidCap Financial...
Read Story
September 05, 2019, 08:30 AM
|
Capital One served as the sole lead arranger and administrative agent for a senior secured credit facility for Nova Medical Centers, an occupational medicine provider with 50 locations in Texas, Georgia, Tennessee and Indiana. The facility will...
Read Story
August 29, 2019, 08:40 AM
|
White Oak Healthcare Finance, LLC announced it acted as sole lead arranger on the funding of a senior credit facility to finance the acquisition of New Life Health Group (“New Life”) by CareMax Medical Group (“CareMax”). CareMax is an at-risk...
Read Story
August 21, 2019, 08:50 AM
|
LBC Credit Partners provided senior secured credit facilities to support the acquisition of e+CancerCare (e+) by Integrated Oncology Network, LLC (ION), a portfolio company of Silver Oak Services Partners, LLC.Founded in 2002, e+ is a leading...
Read Story
|
NXT Capital announced today that it has provided a senior credit facility to support Cortec Group’s recapitalization of Aspen Medical Products, LLC.NXT Capital acted as the Joint Lead Arranger for this transaction.Aspen Medical Products is a leader...
Read Story
|
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has completed the closing of a $60 million senior secured term loan with RefleXion Medical, Inc., a biotargeting...
Read Story
|
CIT Group Inc. announced that its Healthcare Finance business served as the sole lead arranger on $24.75 million in financing for the purchase of a medical office building complex in Springfield, Massachusetts.The borrower, a joint venture between...
Read Story
|
Organogenesis Holdings Inc., a leading regenerative medicine company focused on the development, manufacture, and commercialization of product solutions for the Advanced Wound Care and Surgical and Sports Medicine markets, announced a new credit...
Read Story
|
Harvard University and Deerfield Management, a healthcare investment firm, have established a major strategic R&D alliance to speed the development and translation of biomedical and life-science innovations into transformative treatments that can...
Read Story
|
CONMED Corporation, a medical technology company that provides surgical devices and equipment for minimally invasive procedures, announced a definitive agreement to acquire privately-held Buffalo Filter LLC for $365 million on a cash-free, debt-free...
Read Story
December 14, 2018, 08:32 AM
|
Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $5 million credit facility to new client Zenflow, a privately-held urologic medical device company. Proceeds from the facility will support short-term and long-term...
Read Story
November 27, 2018, 07:00 AM
|
Alleon Healthcare Capital (Alleon), a specialty finance company focused on providing healthcare accounts receivable financing, medical accounts receivable factoring, and cash flow solutions to medical providers in the U.S., recently closed a...
Read Story
November 02, 2018, 07:12 AM
|
Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lender in...
Read Story
October 23, 2018, 08:00 AM
|
EDITOR'S NOTE: An earlier posting of this story contained an error in the headline, specifically the wrong borrower. We at ABL Advisor regret the error.
LBC Credit Partners provided senior secured credit facilities to support Silver Oak Services...
Read Story
October 23, 2018, 07:10 AM
|
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition and future growth of Vereco Inc. by a private equity sponsor. Founded in 2011 and headquartered...
Read Story
October 17, 2018, 07:00 AM
|
Monroe Capital LLC announced an increase in the credit facility to Priority Ambulance, LLC to support the acquisition of National Emergency Medical Service, Inc. Priority is a portfolio company of Enhanced Healthcare Partners.
Based in Knoxville...
Read Story
September 19, 2018, 08:00 AM
|
Antares announced it is serving as administrative agent and joint lead arranger on $151 million in senior secured credit facilities to support the acquisition of NJRetina by Quad-C Management, Inc. (Quad-C).
NJRetina specializes in diagnosing and...
Read Story
September 18, 2018, 07:04 AM
|
Clarify Health Solutions, Inc., a provider of real-time care guidance technology, announced that it has closed $57 million in a Series B financing round led by KKR, a global investment firm. Building upon the Company’s rapid customer expansion in...
Read Story
September 11, 2018, 07:08 AM
|
Sierra Oncology, Inc, a clinical stage drug development company focused on advancing targeted therapeutics for the treatment of patients with significant unmet needs in hematology and oncology, announced that it has obtained a debt facility from...
Read Story
August 23, 2018, 07:12 AM
|
Alpine Capital, as servicer and sole agent, has closed a senior debt financing facility for Knight Dental and its wholly-owned subsidiaries, a full-service provider of dental laboratory products and services. The financing consisted of a $5 million...
Read Story
|
Lucid Medical Management, LLC, through its wholly-owned subsidiary Exclusive Provider Network, has secured a $30,000,000 asset-based loan from Digital Lending Services (DLS), an alternative lending institution. FocalPoint Partners, LLC served as...
Read Story
|
Haemonetics Corporation announced that the company has entered into a new $700 million credit agreement with its lenders, comprised of a $350 million senior unsecured term loan A and a $350 million senior unsecured revolving credit facility, both due...
Read Story
|
BWX Technologies, a developer of medical technology, entered into a $500.0 million senior secured revolving credit facility with Wells Fargo Bank, National Association, serving as administrative agent.The New Credit Facility, which is due 2023, also...
Read Story
|
Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lender for $22...
Read Story
|
SSG Capital Advisors, LLC (SSG) acted as the investment banker to New England Orthotic & Prosthetic Systems, LLC and its affiliates in the sale of all of its outstanding senior debt to AHM Healthcare Strategies (AHM), an affiliate of Eschen...
Read Story
|
Mesoblast Limited announced that it has entered into a $75 million non-dilutive, four-year credit facility with Hercules Capital, Inc., a specialty finance company.
Proceeds will be primarily used towards funding the commercialization of MSC-100-IV...
Read Story
|
Abacus Finance Group, LLC announced that it served as Administrative Agent and Sole Lender for $18 million in senior secured credit facilities to support the take-back private/leveraged buyout of MGC Diagnostics Corporation (MGC) by Altus Capital...
Read Story
January 23, 2018, 07:07 AM
|
Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger and Administrative Agent, it provided a $695 million GOLD facility to refinance an existing GOLD facility held by Radiology Partners, Inc., a portfolio company of New...
Read Story
December 14, 2017, 07:11 AM
|
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $20 million senior secured term loan with VitalConnect, Inc., a leader in wearable biosensor...
Read Story
November 30, 2017, 07:05 AM
|
Hologic, Inc. announced that the company has entered into an amended and restated credit agreement consisting of a new, five-year $1.5 billion senior term loan and $1.5 billion revolving credit facility.Hologic has used the initial proceeds from the...
Read Story
October 04, 2017, 07:11 AM
|
The global medical technology (medtech) industry grew by 5% in 2016, a pace last seen before the financial crisis. This strong performance was fueled by mergers and acquisition (M&A) and portfolio optimization strategies, as well as continued focus...
Read Story
September 25, 2017, 07:33 AM
|
Teleflex Incorporated and NeoTract, Inc. announced that the companies have entered into a definitive agreement under which Teleflex will acquire NeoTract in a transaction valued up to $1.1 billion. Under the terms of the agreement, Teleflex will...
Read Story
September 05, 2017, 08:03 AM
|
Ares Commercial Finance announced that it has provided a $10 million senior secured credit facility to ClearCaptions LLC.
The company, headquartered near Sacramento, CA, is a provider of phone equipment and captioning services for people with...
Read Story
September 05, 2017, 07:15 AM
|
Establishment Labs, a global medical device company focused on aesthetic technologies with a strong emphasis on product development and innovation, announced that it has closed a $55 million combined secured credit facility and equity investment with...
Read Story
August 31, 2017, 07:09 AM
|
Barings, a global financial services firm with over $288 billion in assets under management, announced that it served as a Joint Lead Arranger in a senior credit facility supporting Ridgemont Equity Partners’ acquisition of HemaSource. The deal...
Read Story
August 15, 2017, 08:00 AM
|
Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lead Arranger...
Read Story
August 01, 2017, 07:05 AM
|
Oxford BioMedica PLC has signed a new $55.0 million debt facility with Oaktree Capital Management. The facility has been used to redeem the existing debt facility with Oberland Capital Healthcare.The loan is repayable no later than 29 June 2020...
Read Story
|
Schweiger Dermatology Group announced that it has secured a $20 million debt facility from Triangle Capital Corporation to help fund and support its growth. Under the terms of this facility, the total funding may be increased to $30 million in the...
Read Story
|
Accuray Incorporated announced it has closed a new $52 million senior secured revolving loan facility with MidCap Financial Trust. The net proceeds of the facility, in addition to cash on hand were used to retire all debt held by Cerberus Business...
Read Story
|
The Spectranetics Corporation announced that it has amended its existing credit facilities led by MidCap Financial and Silicon Valley Bank to increase the total senior secured facility to $140 million. The amended credit facility consists of a $90...
Read Story
|
CIT Group Inc., a provider of commercial lending and leasing services, announced that its Healthcare Finance business provided a $65 million senior secured credit facility to QMES, a large distributor of durable medical equipment to patients in the...
Read Story
|
Oxford Finance LLC a provider of senior debt to life sciences and healthcare services companies, announced the closing of a $20 million senior secured term loan with Cerapedics Inc. a privately-held orthobiologics company engaged in the development...
Read Story
|
New York hedge fund Deerfield Management, a healthcare-only investment firm with over $8.0 billion under management, has purchased outstanding bank debt from Adeptus Health, Inc., and expects to provide additional financing, along with operational...
Read Story
|
Deerfield Management Company announced that it has committed to provide up to $170 million to Endologix, Inc. in a combination of senior secured notes and a working capital facility. Endologix is a marketer and developer of innovative, minimally...
Read Story
|
Lantheus Holdings, Inc., parent company of Lantheus Medical Imaging, Inc., announced the closing of a new $275 million term loan facility and a new $75 million five-year cash-flow revolver facility.Net proceeds from the new term loan, together with...
Read Story
|
TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided $6,350,000 in secured financing to support Muirlands Capital and Centerfield Capital Partners in their acquisition of...
Read Story
|
Sientra, Inc., a medical aesthetics company, has entered into a $15 million secured line of credit and a $5 million term loan agreement with Silicon Valley Bank (SVB). This agreement provides up to $20 million of capital to the company to be used for...
Read Story
|
Invuity, Inc., a medical technology company focused on minimal access surgery, announced that it signed a new debt agreement with MidCap Financial. The new facility consists of a $30 million term loan divided in two tranches. The first tranche of $20...
Read Story
|
On March 6, 2017, Select Medical Corporation entered into a senior secured credit agreement that provides for $1.6 billion in senior secured credit facilities composed of a $1.15 billion, seven-year term loan and a $450 million, five-year revolving...
Read Story
|
Boston Scientific Corporation entered into a Second Amended and Restated Credit and Security Agreement by and among Boston Scientific Funding LLC (the “Borrower”), Wells Fargo Bank, National Association and Sumitomo Mitsui Banking Corporation, New...
Read Story
February 13, 2017, 07:00 AM
|
Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7 million credit facility to new client TVA Medical, Inc., a medical device company serving the needs of patients with end-stage renal disease. Proceeds from...
Read Story
December 15, 2016, 07:19 AM
|
Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced it served as administrative agent and sole lead arranger for a $21...
Read Story
October 10, 2016, 07:53 AM
|
Square 1 Bank, a division of Pacific Western Bank, provided a $7.5 million credit facility to new client BAROnova, Inc., a clinical-stage medical device company. Proceeds from the credit facility will supplement the company’s recently raised Series D...
Read Story
September 16, 2016, 07:36 AM
|
ReVision Optics, Inc. announced that it has secured a $10 million credit facility from Square 1 Bank. RVO announced receipt of U.S. Food and Drug Administration (FDA) approval for its Raindrop® Near Vision Inlay for the surgical correction of...
Read Story
August 18, 2016, 07:40 AM
|
Xtant Medical Holdings, Inc.announced the expansion of the accounts receivable revolver credit facility with Silicon Valley Bank to provide an additional $5 million in funds, making the total credit facility available, $11 million. The credit...
Read Story
August 17, 2016, 07:23 AM
|
CEOs in the life sciences business are more bullish about their own sector than their peers in other industries, and approximately 84 percent plan to hire in the next 12 months, according to KPMG LLP’s U.S. CEO Outlook 2016.All 38 life sciences CEOs...
Read Story
August 12, 2016, 07:49 AM
|
Aptevo Therapeutics Inc, a biotechnology company focused on developing novel oncology and hematology therapeutics, announced today that it has closed on a $35 million term loan agreement previously announced on August 1, 2016.“The $35 million term...
Read Story
August 08, 2016, 07:44 AM
|
NXT-ID, Inc., a company focused on the growing mobile commerce market announces it has completed its acquisition of LogicMark, LLC, a leading provider of unmonitored personal emergency response devices. NXT-ID, Inc. has completed its previously...
Read Story
|
Auris Medical Holding AG, a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in otolaryngology, announced that it has entered into a loan facility agreement with Hercules Capital, Inc. for up to...
Read Story
|
CytoSorbents Corporation, a critical care immunotherapy leader commercializing its flagship CytoSorb blood purification cartridge to prevent or treat deadly inflammation and organ failure in critically-ill and cardiac surgery patients around the...
Read Story
|
Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $10 million term loan to Monteris Medical. Proceeds of the loan are being used to accelerate the...
Read Story
|
CRH Medical Corporation, a North American medical company that provides physicians with innovative products and services for the treatment of gastrointestinal diseases, has entered into an agreement with The Bank of Nova Scotia (Scotiabank) for a U.S...
Read Story
|
Diadexus, Inc., a diagnostics company developing and commercializing products that aid in assessing the prognosis of cardiac disease, announced that it is filing for relief under Chapter 7 of Title 11 of the U.S. Bankruptcy Code in order to initiate...
Read Story
|
Xtant Medical Holdings announced the completion of an accounts receivable revolver credit facility with Silicon Valley Bank to provide up to $6 million in funds to the company.Dan Goldberger, Chief Executive Officer, commented, "We are extremely...
Read Story
|
Oxford Finance LLC and Silicon Valley Bank announced the closing of a $45 million term loan to Nuvectra Corporation ("the Company" or "Nuvectra"). The facility is comprised of a $40 million senior secured term loan and a $5 million line of credit....
Read Story
|
Vericel Corporation, a leading developer of patient-specific expanded cellular therapies for the treatment of severe diseases and conditions, has entered into a term loan and revolving line of credit agreement with Silicon Valley Bank, providing...
Read Story
|
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced that it served as a co-lender and documentation agent in the closing of a $35 million term loan and a $15...
Read Story
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, sole lead arranger and sole bookrunner for the senior credit facilities used to support the acquisition...
Read Story
|
Vance Street Capital LLC, a Los Angeles-based private equity firm, has acquired A&E Medical Corporation, a leading medical device OEM designer and contract manufacturer primarily focused on single-use products used in cardiovascular procedures. This...
Read Story
February 26, 2016, 07:28 AM
|
NXT Capital announced that it has provided a $50.5 million senior secured credit facility to support Tenex Capital Management’s acquisition of Ohio Medical Corporation. NXT Capital acted as the sole lead arranger, administrative agent, and sole...
Read Story
February 01, 2016, 08:06 AM
|
Franklin Square Capital Partners announced the origination of a unitranche term loan to PSKW, LLC (PSKW), a leading developer and marketer of co-pay assistance (CPA) programs for pharmaceutical drugs. The financing supported the acquisition of PSKW...
Read Story
February 01, 2016, 07:43 AM
|
Alleon Healthcare Capital Closes a $1 million medical accounts receivable factoring facility with a Michigan Toxicology Laboratory with Crescentox, Inc. Crescentox is a clinical medical laboratory headquartered in Southfield, MI that specializes in...
Read Story
January 25, 2016, 08:01 AM
|
Credit Value Partners, a registered investment advisor specializing in corporate debt investments, closed a $12.0 million revolving DIP credit facility with Health Diagnostic Laboratory, Inc. ("HDL"). Proceeds of the loan were used for general...
Read Story
January 13, 2016, 07:39 AM
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, joint lead arranger, and joint bookrunner for $115.0 million in senior credit facilities to support the...
Read Story
January 12, 2016, 07:43 AM
|
The Female Health Company announced a new $10 million revolving credit facility with BMO Harris Bank, N.A. The new credit line replaces a smaller credit facility with another lender.“The new credit facility significantly expands our financial...
Read Story
January 05, 2016, 07:52 AM
|
ReWalk Robotics Ltd. has entered into an agreement with Kreos Capital V (Expert Fund) Limited for a line of credit of up to $20 million. ReWalk drew down an initial tranche of $12 million. An additional $8 million dollars will be available in...
Read Story
January 04, 2016, 07:40 AM
|
SeaSpine Holdings Corporation, a global medical technology company focused on surgical solutions for the treatment of spinal disorders, has signed a three-year credit facility with Wells Fargo Capital Finance, with the option to extend for a fourth...
Read Story
December 29, 2015, 08:04 AM
|
Exactech, Inc., a developer and producer of bone and joint restoration products for hip, knee, shoulder and spine, announced the five-year renewal and increase of its senior secured revolving credit facility to $150 million.J.P. Morgan Securities LLC...
Read Story
December 21, 2015, 07:39 AM
|
The Spectranetics Corporation has completed the refinancing of its outstanding debt and closed on a new $110 million senior secured credit facility led by Midcap Financial and Silicon Valley Bank. The new facility consists of a $60 million term loan...
Read Story
December 08, 2015, 07:38 AM
|
CRH Medical Corporation has entered into an agreement with The Bank of Nova Scotia ("Scotiabank") for a U.S. $33 million senior secured revolving credit facility. The facility will replace existing debt and will be used to assist in the financing of...
Read Story
November 30, 2015, 07:46 AM
|
Oxford Finance and Silicon Valley Bank announced the closing of a credit facility with SI-BONE, Inc. The facility includes a $35.2 million senior secured term loan and a $4 million line of credit. SI-BONE expects to use the funds to accelerate the...
Read Story
November 18, 2015, 07:18 AM
|
IntelliCyt Corporation, a leading provider of integrated platforms to accelerate drug discovery, antibody discovery and immunology, announced it has completed $7.4 million in new financing that consists of $5.4 million in venture financing and an...
Read Story
October 23, 2015, 07:23 AM
|
NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $6.5 million secured credit facility to World Class Technology Corp. (“WCT” or the “Company”). Headquartered in McMinnville, Oregon, WCT...
Read Story
September 29, 2015, 08:01 AM
|
Avinger, Inc., a developer and manufacturer of image-guided, catheter-based systems for the treatment of peripheral arterial disease (PAD) and pioneer of the lumivascular approach to treating vascular disease, has entered into a term loan agreement...
Read Story
September 23, 2015, 07:16 AM
|
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $38.6 million unitranche credit facility to support the acquisition of a laboratory testing services company by a private equity sponsor. The...
Read Story
|
Garrison Investment Group LP announced the funding of a senior credit facility, comprised of a first lien term loan and a revolving credit facility, to ActivStyle, Inc. (“ActivStyle”). Proceeds from the transaction were used refinance existing...
Read Story
|
GE Capital’s Healthcare Financial Services (HFS) business closed and fully funded a $4 million additional term loan financing to Cianna Medical, Inc., bringing the total venture loan facility to $12 million. The funds will be used to help support the...
Read Story
|
Rapid Micro Biosystems, a leading provider of automated, non-destructive, rapid microbial detection, announced the closing of its $16 million term loan facility with Solar Capital and $3 million revolving credit facility with Comerica Bank. The...
Read Story
|
EndoChoice Holdings has completed the refinancing of its outstanding debt and closed on a new $58 million senior secured credit facility with Midcap Financial and Silicon Valley Bank. The new facility consists of a $43 million term loan and a $15...
Read Story
|
Capitala Finance Corp. recently invested $10 million in the senior secured debt of American Clinical Solutions, LLC (ACS), a leading provider of compliance regulated drug testing to aid physicians in the monitoring and managing of prescription pain...
Read Story
|
Alere Inc. has closed new senior secured credit facilities totaling $1.95 billion and used a portion of the proceeds thereof to repay in full and terminate its existing secured credit facilities. Goldman Sachs Bank USA, GE Capital Markets, Inc., J.P....
Read Story
|
LBC Credit Partners, a leading provider of financing solutions to middle-market companies, provided $43.5 million senior secured credit facilities to support the acquisition of North American Rescue ("NAR" or the "Company”) by an affiliate of Blue...
Read Story
|
Hologic, Inc. entered into a new, five-year secured credit agreement consisting of a $1.5 billion senior term loan and a $1 billion revolving credit facility.Hologic has borrowed $0.175 billion against the new revolver initially, and used these...
Read Story
|
Square 1 Bank provided a $10 million credit facility to new client TissueTech, Inc., a regenerative tissue-engineering company that provides therapeutic technologies to the ophthalmology, optometry, orthopedic and wound care markets. Proceeds of the...
Read Story
|
Lombard Medical, Inc., a medical device company focused on endovascular aneurysm repair (EVAR) of abdominal aortic aneurysms (AAAs), announced that it has entered into a $26 million secured term loan facility with Oxford Finance LLC. Lombard Medical...
Read Story
|
GE Capital’s Healthcare Financial Services (HFS) provided a $320 million senior secured credit facility to Diplomat Pharmacy, Inc., the country’s largest independent specialty pharmacy. GE Capital Markets was lead arranger and bookrunner on the...
Read Story
|
Oxford Finance and Silicon Valley Bank announced the closing of a $12 million senior secured term loan agreement with ReShape Medical, Inc. ReShape Medical specializes in a dual-intragastric balloon for weight loss, ReShape Integrated Dual Balloon...
Read Story
|
Gemino Healthcare Finance announced it has provided a $6 million secured revolving line of credit to OMNI Orthopaedics, Inc. (“OMNI”). The proceeds are being used for working capital purposes.OMNI, headquartered in East Taunton, Massachusetts, was...
Read Story
|
Castle Biosciences, Inc., a provider of molecular diagnostics to improve cancer treatment, announced the funding of a new credit facility with Silicon Valley Bank. The new loan provides $6 million in new capital to support Castle Biosciences’ growth...
Read Story
|
InfuSystem Holdings, Inc. has secured a new $45.0 million credit facility with JPMorgan Chase Bank N.A., and has retired its previous $36.5 million credit facility with its prior lender group. Effective March 23, 2015, the company entered into the...
Read Story
|
Nanotherapeutics, Inc., an integrated biopharmaceutical company with a focus on advanced development and manufacturing, announced it has secured a $28.5 million debt financing from White Oak Global Advisors, LLC. The funds will support the completion...
Read Story
|
Square 1 Bank announced it has provided a $10 million debt facility to new client Sera Prognostics, Inc., a company focused on developing high-value women's health diagnostics to improve the health of pregnant women and newborns. Proceeds of the debt...
Read Story
February 12, 2015, 07:52 AM
|
Golub Capital announced as sole lead-arranger, sole bookrunner and administrative agent it provided a GOLD financing and co-investment equity to support the acquisition of Flexan Corporation by Linden Capital Partners. GOLD financings are Golub...
Read Story
February 06, 2015, 07:29 AM
|
CareDx, Inc., a molecular diagnostics company focused on the development and commercialization of clinically differentiated, high value, non-invasive surveillance solutions for transplant recipients, today announced that it has entered into a secured...
Read Story
February 04, 2015, 07:33 AM
|
USGI Medical, Inc., a company pioneering incisionless procedures for weight loss, announced the closing of over $19.5 million in financing, bringing the total raised in the last year to $36 million in equity and debt. Existing investors contributed...
Read Story
January 27, 2015, 07:15 AM
|
GE Capital’s Healthcare Financial Services business has served as administrative agent on a senior secured credit facility of up to $40 million for GenMark Diagnostics, Inc. comprised of a multi-tranched $35 million venture loan facility and a $5...
Read Story
January 14, 2015, 07:18 AM
|
Cerulean Pharma Inc., a leader in Dynamic Tumor Targeting, has entered into a loan and security agreement with Hercules Technology Growth Capital, Inc. for a term loan of up to $26.0 million and completed a private placement for $1.0 million of...
Read Story
January 12, 2015, 07:12 AM
|
ThermiAesthetics, a fast growing, privately held aesthetic technology company, has secured $9 million of debt financing from Cypress Growth Capital and Silicon Valley Bank. The investment will be used to support additional FDA applications, advance a...
Read Story
January 06, 2015, 07:07 AM
|
Ridgemont Equity Partners, a middle market buyout and growth equity investor, is pleased to announce the acquisition of Allied 100, LLC, a leading provider of products and services to the automated external defibrillator ("AED") marketplace....
Read Story
December 03, 2014, 07:13 AM
|
Genocea Biosciences, Inc., a company developing T cell-directed vaccines and immunotherapies, announced that it has entered into a loan and security agreement with Hercules Technology Growth Capital, Inc. for a term loan of up to $27.0 million."This...
Read Story
November 24, 2014, 07:14 AM
|
nContact, a leader in the development of Arrhythmia Disease Management Programs, announced that it has entered into a $20 million growth capital financing agreement with Hercules Technology Growth Capital, Inc. The company plans to use this financing...
Read Story
November 13, 2014, 07:34 AM
|
Flowonix Medical Inc., a medical device company focused on providing advanced, implantable drug delivery solutions, announced that it has obtained debt and equity financing totaling approximately $40 million.The transaction includes $20 million in...
Read Story
November 12, 2014, 07:26 AM
|
Blue Belt Technologies, Inc. and CR Group (CRG) closed a senior secured term loan for up to $40 million of capital. Blue Belt Technologies is an orthopaedic surgical technology company with a focus on commercializing the next generation of...
Read Story
October 31, 2014, 07:22 AM
|
Gamma Medica, a developer of advanced digital molecular imaging technologies, announced a $6.5 million growth capital financing facility from leading specialty finance company Hercules Technology Growth Capital and $5.0 million from existing investor...
Read Story
October 23, 2014, 07:32 AM
|
MidCap Financial announced that it served as sole arranger, sole bookrunner and administrative agent for a $62.5 million senior secured credit facility in support of the acquisition of excelleRx, Inc. and PBM Holding Company, Inc. by Consonance...
Read Story
October 06, 2014, 07:38 AM
|
TransEnterix, Inc. has expanded its existing agreement with Oxford Finance LLC and Silicon Valley Bank to provide for up to $25.0 million in growth capital."We are pleased to have expanded our relationship with Oxford and Silicon Valley Bank," said...
Read Story
September 30, 2014, 07:19 AM
|
CVRx, Inc., a private medical device company, announced it secured a $15 million growth capital debt facility from Silicon Valley Bank. "Obtaining this funding significantly extends our cash availability to advance CVRx's hypertension and heart...
Read Story
September 22, 2014, 07:31 AM
|
Oxford Finance LLC announced the closing of a $20 million senior secured term loan agreement with Pulmonx. Proceeds of the loan will be used to support the company's U.S. clinical trial of its Zephyr Endobronchial Valve used for the treatment of...
Read Story
September 18, 2014, 05:42 AM
|
Edge Therapeutics has obtained up to $10 million in venture debt financing from Hercules Technology Growth Capital, Inc. to support the continued development of EG-1962, the company’s lead product candidate.“We are very pleased to enter into this...
Read Story
September 09, 2014, 06:49 AM
|
GE Capital’s Healthcare Financial Services business has agented a senior secured credit facility of up to $12.5 million for Cardiva Medical, Inc. The financing is comprised of a $10 million term loan and a $2.5 million asset-based revolving loan.The...
Read Story
August 13, 2014, 07:06 AM
|
NXT Capital today announced that it has provided a senior secured facility to finance Graham Partners’ acquisition of HemaSource Holdings, LLC. NXT Capital was the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this...
Read Story
August 05, 2014, 07:44 AM
|
Celladon Corporation, a clinical-stage biotechnology company applying its leadership position in the field of gene therapy and calcium dysregulation, has entered into a credit facility with Hercules Technology Growth Capital, Inc. and its affiliate...
Read Story
August 01, 2014, 07:12 AM
|
GE Capital's Healthcare Financial Services business has agented a senior secured credit facility of up to $9 million for USGI Medical, Inc., a San Clemente, CA-based company that develops endoscopic procedures for obesity and other advanced...
Read Story
|
Integra LifeSciences Holdings Corporation announced that it has established new terms under its credit facility, including an increase in the size of the facility and an extended maturity date, with its bank group led by Bank of America, N.A. and...
Read Story
|
Trovagene, Inc. has secured an unrestricted debt facility in the amount of $15 million from Silicon Valley Bank and Oxford Finance LLC. The additional capital will be used to support ongoing development and commercialization activities for the...
Read Story
|
Horizon Technology Finance Corporation has closed a $3 million venture loan for GenePeeks, a genetic information company focused on reproductive risk prediction. GenePeeks will use the funds to support its continued growth."GenePeeks has developed a...
Read Story
|
CAS Medical Systems, Inc., a leader in medical devices for non-invasive patient monitoring, announced that on Friday, June 27, 2014, the Company entered into a Loan and Security Agreement (the "Loan Agreement") with General Electric Capital...
Read Story
|
Square 1 Bank provided a $5 million credit facility to new client Vascular Pathways Inc., a nationally recognized medical device manufacturer specializing in wire-guided Peripheral Intravenous catheter technology. Proceeds of the credit facility will...
Read Story
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and is administrative agent for $50.0 million in senior credit facilities to NorthStar...
Read Story
|
Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of a $2.5 million senior secured term loan agreement and a $1.5 million revolving line...
Read Story
|
Assurex Health, a personalized medicine company that provides clinically-relevant individualized genetic information to help physicians select the right medication for patients with depression, anxiety, chronic pain, ADHD and other neuropsychiatric...
Read Story
|
Cianna Medical, Inc., a women's health company, announced it has secured a $10 million financing deal with GE Capital's Healthcare Financial Services business. The funds will be used to further product development efforts in the breast conservation...
Read Story
|
Ceterix Orthopaedics, Inc., a developer of novel surgical tools for arthroscopic procedures, announced that the company has closed $18 million in new financing. Previous investors Novo A/S, Versant Ventures and 5AM Ventures participated in the round...
Read Story
|
Biocept, Inc., a molecular diagnostics company specializing in oncology biomarker detection and monitoring through circulating tumor cells (CTCs) and cell-free circulating tumor DNA, today announced that it has closed a loan facility of up to $10...
Read Story
|
Golub Capital announced that as sole bookrunner and administrative agent, it provided a senior credit facility to support the recapitalization of Data Innovations LLC ("DI") by Battery Ventures.Founded in 1989, DI is the world's largest, most...
Read Story
|
Conventus Orthopaedics, Inc., has closed on a $10 million credit facility to help fund commercialization of the FDA cleared and CE-marked Conventus DRS to treat distal radius fractures and to further accelerate the development and commercialization...
Read Story
|
Cerapedics, an orthobiologics company focused on developing and commercializing its proprietary synthetic small peptide (P-15) technology platform, today announced closing of a $9 million venture debt financing from GE Capital, Healthcare Financial...
Read Story
|
CIT Group announced that CIT Corporate Finance, Healthcare served as Sole Lead Arranger in a $50 million senior secured credit facility for QMES, a distributor of durable medical equipment to patients in nine states. QMES is a portfolio company of...
Read Story
|
GE Capital, Healthcare Financial Services announced that it has provided a $7 million senior secured multi-draw term loan credit facility to AirXpanders Inc., of which $3.5 million has been funded. AirXpanders is a Palo Alto, CA-based company that’s...
Read Story
|
NXT Capital announced that it has provided a $78.1 million senior secured facility to fund Roscoe Medical’s acquisition of Carex Health Brands. Roscoe Medical is a portfolio company of Tenex Capital Management.
NXT Capital was the joint lead...
Read Story
|
Bridge Capital Holdings provided financing to North Coast Medical, Inc. for the acquisition of ActivaTek, Inc., and to support its working capital needs and growth into new arenas.
North Coast Medical, Inc. is headquartered in Gilroy, CA and is a...
Read Story
|
Cantel Medical has entered into an amended and restated credit facility which established new terms under its revolving credit facility with its existing bank group led by Bank of America, N.A., and including Wells Fargo Bank, N.A. and PNC Bank...
Read Story
|
GE Capital, Healthcare Financial Services, recently provided a $2.5 million senior secured credit facility to SynGen , Inc., a medical device company with a 510(k) approved bench-top system for isolating stem cells from umbilical cord blood...
Read Story
February 27, 2014, 07:32 AM
|
Response Biomedical Corp. has secured a $2.5 million term loan from Silicon Valley Bank ("SVB"). The Company will initially draw down $1.5 million of the facility, and a further $1.0 million will become available for draw down if certain financial...
Read Story
February 12, 2014, 07:14 AM
|
Capital One Bank (as Administrative Agent), together with Credit Suisse Loan Funding LLC (as Lead Arranger and Arranger Agent) and Garrison Investment Group, announced today that it successfully closed and funded a $53.5 million, five-year senior...
Read Story
February 07, 2014, 08:03 AM
|
GE Capital, Healthcare Financial Services announced today that it has provided a $5 million senior secured term loan credit facility to Tangent Medical, Inc., an intravenous therapy products company. GE Capital, Healthcare Financial Services is...
Read Story
February 06, 2014, 07:43 AM
|
Horizon Technology Finance Corporation announced it led an $8 million venture loan for AccuVein, Inc. ("AccuVein"), a developer of vein illumination technology. The venture loan was fully funded at closing, with Horizon funding its commitment of $4...
Read Story
February 06, 2014, 07:19 AM
|
Siena Lending Group LLC (Siena) announced the completion of a three-year $3 million senior secured revolving credit facility for Trigger Point Performance, Inc. (Trigger Point). The facility will be used for working capital needs as Trigger Point...
Read Story
February 03, 2014, 07:25 AM
|
Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $31.6 million debt financing expansion with Proteus Digital Health. The financing package, which was...
Read Story
January 22, 2014, 07:39 AM
|
Advanced Cannabis Solutions signed a definitive agreement with Full Circle Capital Corporation, a closed-end investment company. The agreement provides that the investment fund will initially provide $7.5 million to the Company in the form of Senior...
Read Story
January 22, 2014, 07:12 AM
|
Sanomedics International Holdings, Inc., a medical technology holding company, announced that on January 9, 2014, it and all of its wholly owned subsidiaries closed a senior secured revolving credit facility of up to $5 million with TCA Global Credit...
Read Story
January 14, 2014, 06:59 AM
|
PerkinElmer entered into an agreement to provide it a $700 million committed unsecured revolving credit facility through Jan. 8, 2019.JP Morgan Chase Bank acted as administrative agent on the facility, while Bank of America and Barclays Bank acted as...
Read Story
January 13, 2014, 07:07 AM
|
Biodesix Inc., a fully integrated molecular diagnostic company dedicated to personalizing medicine, announced that the company closed a structured debt financing with Capital Royalty Partners L.P. The transaction provides Biodesix with up to $20...
Read Story
January 13, 2014, 06:55 AM
|
Summer Street Capital Partners, LLC announced its portfolio company, New England Orthotic & Prosthetic Systems ("NEOPS") has secured a mezzanine investment from F.N.B. Capital Partners, L.P. ("FNBCP"). FNBCP's mezzanine investment will provide...
Read Story
January 02, 2014, 07:26 AM
|
Symmetry Medical Inc. announced it has amended its credit agreement, enabling the Company to pay down its mezzanine debt due December 2017 ($67.0 million outstanding as of September 30, 2013) using its existing $200.0 million senior secured revolving...
Read Story
December 30, 2013, 07:19 AM
|
Horizon Technology Finance closed a $10 million venture loan facility to Mederi Therapeutics, Inc., a developer of minimally invasive treatments for gastroesophageal reflux disease (GERD) and bowel control disorder (BCD). Mederi will use the funds...
Read Story
December 24, 2013, 07:49 AM
|
Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced a $50 million round of debt financing for Apollo Endosurgery, Inc. ("Apollo"). Oxford served as the lead lender, joined...
Read Story
December 18, 2013, 07:29 AM
|
Fifth Street Management LLC announced that it has arranged a $47 million one-stop financing facility and a $2 million equity co-investment to support Moelis Capital Partners' ("MCP") acquisition of OmniSYS, LLC ("OmniSYS"). OmniSYS is a leader in...
Read Story
December 02, 2013, 07:59 AM
|
Siemens Financial Services (SFS) – the financing arm of Siemens – is providing U.S. medical imaging company Tri-State Imaging Group (Tri-State) with a five-year $50 million loan. The SFS senior debt package enables the refinancing of Tri-State’s...
Read Story
November 19, 2013, 07:42 AM
|
OrthoAccel Technologies, Inc. announced today that it has executed a debt facility for up to $4 million with Comerica Bank. The credit facility provides for up to $4 million in term debt and the issuance to Comerica of a warrant to purchase shares of...
Read Story
November 15, 2013, 08:03 AM
|
GE Capital, Healthcare Financial Services, announced that it has amended its existing $6.6 million senior secured credit facility to Infraredx, Inc. to provide an additional $13.4 million multi-draw term loan facility, and to modify the terms of the...
Read Story
November 06, 2013, 07:20 AM
|
NeoChord Inc., a developer of minimally invasive devices and procedures for mitral valve repair, announced that on Sep. 9, the company closed on a $3 million credit facility with Durham, NC-based Square 1 Bank, the premier banking partner to...
Read Story
October 25, 2013, 07:14 AM
|
Singulex, Inc., a provider of Single Molecule Counting technology for scientific discovery and clinical testing services, announced it has secured a debt facility for up to $40 million from Oxford Finance and Silicon Valley Bank. In June 2013, the...
Read Story
September 27, 2013, 07:39 AM
|
AngioDynamics announced it amended its existing credit facilities and successfully refinanced its long-term debt. This new lending facility will improve AngioDynamics' capital structure and provide greater flexibility to support the execution of its...
Read Story
September 24, 2013, 07:24 AM
|
RainDance Technologies, Inc., an innovative genomics tools company enabling ultra-sensitive detection of cancer and inherited diseases, today announced it has closed a structured debt financing with Capital Royalty Partners L.P. The transaction...
Read Story
September 23, 2013, 07:16 AM
|
GE Capital, Healthcare Financial Services, announced that it is serving as administrative agent on a $10 million senior secured multi-draw term loan for Sonitus Medical Inc. The company intends to use the financing primarily for additional working...
Read Story
September 19, 2013, 07:13 AM
|
BIOLASE, Inc. announced that effective September 6, 2013 it amended the terms of its two revolving credit facility agreements with Comerica Bank.BIOLASE's Credit Agreements with Comerica, as previously amended, provide for borrowings against certain...
Read Story
September 11, 2013, 07:18 AM
|
Radiation Therapy Services Holdings, Inc., a leading operator of radiation therapy centers, announced today that its wholly owned subsidiary, Radiation Therapy Services, Inc., has amended its $140 million revolving credit facility. Wells Fargo served...
Read Story
August 30, 2013, 07:29 AM
|
Hansen Medical, Inc. closed a $33 million, long-term debt agreement with White Oak Global Advisors. The amended and restated senior secured loan agreement includes terms more favorable to Hansen Medical compared to the initial agreement disclosed on...
Read Story
August 27, 2013, 07:21 AM
|
Medical technology company Kinetic Concepts Inc. is buying Systagenix for $485 million, expanding and diversifying the San Antonio-based buyer's wound care offerings.Goldman Sachs, Bank of America Merrill Lynch and Morgan Stanley are providing...
Read Story
|
RTI Biologics Inc., a leading provider of orthopedic and other biologic implants, announced today that it has completed the acquisition of Pioneer Surgical Technology.RTI previously announced plans to acquire all of the outstanding stock of Pioneer...
Read Story
|
Healthcare Finance Group (HFG) provided a $15 million senior secured revolving line of credit to Premier Research. Premier Research is a leading contract research organization (CRO) providing clinical development services to biotech, pharmaceutical...
Read Story
|
Brookside Mezzanine Partners announced its recent investment in Longhorn Health Solutions. Headquartered in Austin, TX, Longhorn is a direct-to-home provider of consumable medical supplies, durable medical equipment, and pharmaceutical prescriptions...
Read Story
|