SLR Healthcare ABL (“SLRHC”) provided financing for a $9 million asset-based revolving credit facility to an Illinois based nursing home operator (“Company”). The Company includes four facilities with over 1,100 beds that specialize in short-term...
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April 19, 2024, 07:45 AM
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Lafayette Square provided incremental debt financing to support the growth of Med Learning Group ("MLG"). Backed by healthcare-focused private equity firm DW Healthcare Partners, MLG is a full-service, tech-enabled continuing medical education (CME)...
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April 15, 2024, 07:07 AM
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Parkway International Capital Group (dba PIC Group), formerly known as iCapital Options, has successfully closed a $9 million bridge loan for a healthcare facility development project in Newport. This landmark transaction, initiated by Living Capital...
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April 12, 2024, 07:08 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Corporate Banking team has provided Fair Haven Community Health Care (Fair Haven CHC) with a combined $26.1...
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April 04, 2024, 07:39 AM
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Alvarez & Marsal (A&M) announced the appointment of Mallory Van Horn as a Managing Director within the firm’s Healthcare Industry Group’s Health Plans and Managed Care practice. Ms. Van Horn’s hire represents the next phase of the group’s growth...
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April 04, 2024, 07:35 AM
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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...
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April 03, 2024, 07:00 AM
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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...
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March 28, 2024, 08:00 AM
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SLR Healthcare ABL provided a $4 million asset-based revolving credit facility for a skilled nursing facility. The borrower is a Nevada based provider of 24-hour skilled nursing, post-operative care, and specialized programs including orthopedic...
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March 27, 2024, 09:03 AM
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Webster Bank provided a five-year, permanent loan to KIRCO in connection with the refinancing of the Henry Ford Macomb Medical Pavilion which is a 100% leased, class-A, state-of-the-art medical office building located in Macomb County, Michigan. ...
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March 12, 2024, 07:45 AM
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Lafayette Square, a national investment platform, has provided debt financing to Medical Specialists of the Palm Beaches, Inc. ("MSPB"), in support of its growth strategy. Owned by Ascend Partners, MSPB is a leading primary care-focused...
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March 08, 2024, 06:00 AM
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SG Credit Partners, through its SG Software + Technology division, announced its partnership with PrepMD, the premier cardiac healthcare solutions company. PrepMD is transforming global cardiac care by combining clinical excellence and technological...
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March 06, 2024, 07:44 AM
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Trinity Capital announced the commitment of $25 million in growth capital to Moxe Health ("Moxe"), a leader in healthcare interoperability and clinical data exchange.Based in Madison, WI, Moxe leverages technology to improve and simplify the sharing...
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March 01, 2024, 07:36 AM
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CIBC Innovation Banking provided growth financing to InsightRX, a San Francisco-based software company leveraging quantitative pharmacology and artificial intelligence (AI) to improve therapeutic decision-making from phase I drug development to the...
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February 26, 2024, 07:43 AM
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Golub Capital acted as Sole Lender on a unitranche facility to support the acquisition of Agilio Software (“Agilio”) by Five Arrows and TA Associates (“TA”). Terms of the deal were not disclosed.Agilio is a leading provider of healthcare operations...
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February 19, 2024, 07:00 AM
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First Citizens Bank's Healthcare Finance business provided $37 million to Rethink Healthcare Real Estate to refinance Grandview Physicians Plaza I, a medical office building located in Birmingham, Alabama. The medical office building spans over...
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February 08, 2024, 07:11 AM
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First Citizens Bank provided $22.5 million in financing for the development of a new outpatient surgery center in Orlando, Florida. The center will have six operating rooms and 23 beds and will provide outpatient surgical services in bariatrics...
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February 07, 2024, 07:24 AM
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Cano Health, a leading value-based primary care provider and population health company, has entered into a Restructuring Support Agreement (the "RSA") with lenders (the "Ad Hoc Lender Group") holding approximately 86% of its secured revolving and...
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February 05, 2024, 07:38 AM
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Grant Thornton announced that Claudia Douglass has joined the firm as a principal and Healthcare industry growth leader. Douglass, a former chief operating officer and strategy leader who brings three decades of healthcare experience to Grant...
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January 30, 2024, 07:14 AM
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First Citizens Bank's Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health...
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January 26, 2024, 07:32 AM
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SLR Healthcare ABL closed a $3 million asset-based revolving credit facility for a behavioral health provider. The Company provides a comprehensive array of services to children and adults dealing with behavioral health, educational and developmental...
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January 25, 2024, 07:21 AM
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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....
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January 24, 2024, 08:00 AM
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GoodRx Holdings announced its intention to refinance its first lien credit facilities.The Company is seeking to refinance its first lien term loan facility and concurrently amend its revolving credit facility to extend the maturity date. The terms of...
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January 23, 2024, 07:27 AM
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Houlihan Lokey announced that both Dudley Baker and Kerr Robertson have joined the firm’s Healthcare Group as Managing Directors. Baker is based in Dallas covering healthcare information technology (HCIT), while Robertson is based in Charlotte...
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January 05, 2024, 07:50 AM
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Huntington National Bank has expanded its Huntington Business Credit team with the addition of a Washington, D.C.-based group focused on asset-based lending in the healthcare industry. Huntington Business Credit provides companies with working...
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December 01, 2023, 08:06 AM
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B. Riley Securities served as sell-side M&A advisor to Heart & Vascular Center of Arizona P.C. (“HVCA”), a leading independent cardiovascular physician practice, in connection with its sale to Cardiovascular Associates of America.B. Riley Securities’...
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December 01, 2023, 07:00 AM
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First Citizens Bank's Healthcare Finance business completed two transactions totaling $99.3 million with joint ventures managed by Kayne Anderson Real Estate and Remedy Medical Properties. One joint venture received $75 million in loan proceeds for...
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November 30, 2023, 07:40 AM
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Alvarez & Marsal appointed Craig Savage as a Healthcare Industry Group Managing Director and Leader of its Health Plans and Managed Care practice. Recognized for his commercial and government-funded health plans and payers expertise, Savage’s...
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November 29, 2023, 07:12 AM
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US Capital Global announced that Colleen Gray has joined the group as Senior Vice President at the group’s headquarters in San Francisco, CA. Ms. Gray has over 25 years of operations and financial management experience with emerging, high-growth...
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November 16, 2023, 07:45 AM
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First Citizens Bank announced that its Healthcare Finance business provided $17.5 million in financing to Norvin Healthcare Properties for the acquisition of PAM Health Warm Springs Rehabilitation Hospital located in Northeast San Antonio, Texas. The...
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November 16, 2023, 07:15 AM
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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 an $8,000,000...
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November 15, 2023, 07:12 AM
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NeuPath Health, owner and operator of a network of clinics delivering category-leading chronic pain treatment, completed and closed a new credit facility with its existing lender Royal Bank of Canada (“RBC”).The new Credit Facility provides NeuPath...
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November 13, 2023, 07:54 AM
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Acumen Pharmaceuticals, a clinical-stage biopharmaceutical company developing a novel therapeutic that targets toxic soluble amyloid beta oligomers (“AβOs”) for the treatment of Alzheimer’s disease (“AD”), entered into a senior secured loan and...
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November 13, 2023, 07:50 AM
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Vida Health, a leading provider of virtual cardiometabolic care services, closed $28.5 million in financing led by existing investors, including General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital, and other insiders. The Company also...
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November 13, 2023, 07:46 AM
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Alvarez & Marsal (A&M) announced that Chris George will join its Healthcare Industry Group as a Managing Director to lead its Health Systems Practice. George’s appointment builds on the Healthcare Industry Group’s legacy of provider expertise and...
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November 08, 2023, 07:00 AM
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Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, joined a US Government initiative to improve energy efficiency, emissions and energy resilience across the healthcare sector, with a focus on...
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October 23, 2023, 08:00 AM
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Barnes & Thornburg announced that healthcare and public finance partners M. Elizabeth Walker and Jerimi J. Ullom have joined the firm’s Indianapolis office. Previously, Elizabeth and Jerimi worked together at a national healthcare-focused law firm...
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October 12, 2023, 07:00 AM
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Commercial Finance Partners (CFP) closed a $15,000,000 Enterprise Value based Cash Flow Term Loan with a $5,000,000 Multi Delayed Draw term loan for the refinance and de novo growth strategy of a specialty Dentures and Implants DSO. The company...
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September 18, 2023, 07:48 AM
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U.S. Bank announced a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue. Newly appointed Head of Healthcare Business Banking Joe Persichetti will lead this effort, working with teams across banking...
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September 15, 2023, 07:22 AM
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Guggenheim Securities announced Ryan Lindquist has joined the firm’s Healthcare Investment Banking practice as a Senior Managing Director. Lindquist is based in the firm’s New York office.Lindquist joins Guggenheim with approximately 20 years of...
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September 13, 2023, 07:47 AM
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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...
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August 23, 2023, 07:38 AM
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First Citizens Bank's Healthcare Finance business, part of the CIT division, provided a loan to refinance American House St Petersburg, a senior living community located in St. Petersburg, Florida. The financing was provided to a joint venture...
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August 16, 2023, 07:06 AM
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Mind Medicine, a clinical stage biopharmaceutical company developing novel product candidates to treat brain health disorders, entered into a senior secured credit facility with K2 HealthVentures, a healthcare-focused specialty finance company.Upon...
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August 14, 2023, 07:59 AM
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Ares Commercial Finance provided a $35.0 million Private Trade Receivables Securitization Facility to a behavioral health treatment services organization, a portfolio company of a top-tier global private equity firm.
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August 10, 2023, 06:00 AM
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SLR Healthcare ABL provided a $5 million asset-based revolving line of credit to a surgical support company.
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August 03, 2023, 07:06 AM
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First Citizens Bank's Healthcare Finance business, part of the CIT division, provided a $50.3 million loan to a joint venture led by Rethink Healthcare Real Estate to refinance the Medical Pavilion at White Oak, an on campus medical office building...
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August 01, 2023, 07:14 AM
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Oxford Finance closed a $105 million senior debt facility with Headspace, a pioneering digital healthcare company.Proceeds from the transaction will be used to further support the expansion of Headspace's innovative mental health platform....
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July 28, 2023, 07:57 AM
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First Citizens Bank's Healthcare Finance group, part of the CIT division, provided $20.5 million toward the acquisition of the Forsyth Physicians Center. The borrower is a joint venture led by Anchor Health Properties. Forsyth Physicians Center is a...
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July 27, 2023, 07:08 AM
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Oxford Finance provided a $42 million senior debt facility to Amino Health, a rapidly growing digital health company.The senior debt facility will enable Amino to accelerate its growth plans, enhance its technology infrastructure, and expand its...
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July 19, 2023, 07:45 AM
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Paytient, the creator and leading provider of Health Payment Accounts (HPAs) has finalized a $7.5M venture debt facility with Silicon Valley Bank (SVB), a division of First Citizens Bank, which was first announced in January of this year. Since it...
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July 14, 2023, 07:09 AM
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CIBC Innovation Banking provided Senior Credit Facilities to support BVP Forge’s strategic investment and fund working capital in Medisolv, a leading healthcare quality management platform.Medisolv helps improve the quality of patient care and...
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July 13, 2023, 07:30 AM
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First Citizens Bank announced its Healthcare Finance business, part of the bank’s CIT division, has named Joe Kernan as its new Relationship Manager. Kernan is based in Pasadena, CA (Los Angeles Metro) supporting healthcare clients in the Western U.S...
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July 06, 2023, 07:39 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, Florida. Amavida is a 387-unit senior housing community consisting of 251...
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May 18, 2023, 07:30 AM
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Envision Healthcare announced it and certain of its wholly owned subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Envision has entered into a Restructuring Support Agreement (RSA) with its...
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May 15, 2023, 07:59 AM
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Comvest Credit Partners acted as Administrative Agent and Sole Lender on a $153 million senior secured credit facility for Oak Dental Partners, an Atlanta-based dental service organization (DSO). The financing will be used to refinance the Company’s...
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May 02, 2023, 07:58 AM
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Alvarez & Marsal (A&M) announced that Amar Kapadia has joined the firm’s Healthcare Industry Group as a Managing Director, based in Chicago. Mr. Kapadia has 20+ years of international merger and acquisition (M&A), strategy, diligence and operations...
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April 26, 2023, 07:18 AM
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BizCap, a commercial finance firm established in 2002, has secured a multi-million dollar senior debt investment supporting the hyper growth of Oakwolf Group, a top provider of Healthcare IT (HCIT) services and solutions throughout the United States....
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April 20, 2023, 05:00 AM
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Siena Healthcare Finance announced the closing of a $15MM working capital facility for Michigan-based Optalis Health & Rehabilitation. Siena provided the line of credit for Optalis’ acquisition of a new SNF group.“We are thankful to partner with Raj...
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April 18, 2023, 07:27 AM
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Alvarez & Marsal (A&M) has appointed Tim Berkey as Managing Director in its Healthcare Industry Group. Berkey’s hire augments the firm’s hospital and health systems Supply Chain offering and capability to assist healthcare organizations drive greater...
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April 04, 2023, 07:12 AM
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LifeMD, a leading direct-to-patient telehealth company, closed on a new senior secured credit facility with Avenue Capital. The credit agreement, which matures on October 1, 2026, provides up to $40 million in total term loan capital including a...
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March 23, 2023, 08:30 AM
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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...
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March 08, 2023, 07:30 AM
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MidCap Financial completed an acquisition of a significant portion of Sector Financial’s managed Healthcare Asset Based Lending portfolio, totaling over $500 million in commitments and over $300 million in funded assets.“We are pleased to expand our...
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February 28, 2023, 08:02 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $50.3 million in financing to Montecito Medical Real Estate to recapitalize a portfolio of medical office buildings. The portfolio consists of an...
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February 23, 2023, 07:08 AM
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CareCloud, a leader in healthcare technology solutions for medical practices and health systems nationwide, announced that Silicon Valley Bank increased its secured line of credit to $25 million to support future growth. The term of the line of...
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February 22, 2023, 07:35 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatment center in Columbia, South Carolina. The treatment...
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February 09, 2023, 07:36 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, has provided $52.4 million to affiliates of Kayne Anderson Real Estate and Remedy Medical Properties to finance a portfolio of medical office building...
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February 01, 2023, 07:12 AM
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Siena Healthcare Finance has added Brendan Tully as NYC based Business Development Officer. Located in New York City, Tully spent three years as a field examiner for PNC Business Credit before joining Chesapeake Corporate Advisors, then B.C. Ziegler...
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January 30, 2023, 08:02 AM
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SC&H Capital has been retained as the exclusive investment banker to seek a buyer for Trinity Regional Hospital Sachse, LLC (“TRHS”).TRHS is a newly constructed, turnkey facility located off the President George Bush Highway in Sachse, TX, a...
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January 25, 2023, 07:00 AM
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SetPoint Medical, a clinical-stage healthcare company dedicated to patients with chronic autoimmune diseases, announced a senior secured term loan facility of up to $65 million from Runway Growth Capital LLC. The loan is an expansion of an existing...
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January 20, 2023, 07:55 AM
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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 $7,000...
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January 12, 2023, 07:27 AM
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Steward Health Care System announced the completion of the extension of their ABL agreement with its lenders, through December 2023. Led by Citibank as Administrative Agent, the new agreement amends and restates in its entirety Steward’s previous...
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December 27, 2022, 07:33 AM
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CIBC Innovation Banking announced the lead arrangement of a $45 million syndicated debt financing for Atlanta-based Azalea Health, a leading provider of electronic health records and revenue cycle management for community-based healthcare...
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December 16, 2022, 07:55 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business provided $27.8 million to a joint venture between Kayne Anderson Real Estate and Remedy Medical Properties for the acquisition of a surgical hospital and medical...
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December 15, 2022, 07:16 AM
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Alvarez & Marsal (A&M) announced the appointments of Lorin Martin and Harold McDonald as Managing Director and Senior Director, respectively, to the firm’s Healthcare Industry Group (HIG). Their hires bolster the group’s Revenue Cycle Management...
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December 02, 2022, 07:20 AM
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Great Elm Capital Corp. (GECC), a business development company, today announced that it has launched Great Elm Healthcare Finance, LLC (“GEHF”) with an affiliate of Berkadia Commercial Mortgage, LLC (“Berkadia”) as its strategic minority partner. Led...
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November 14, 2022, 08:00 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to United Dental Corporation, to finance four acquisitions in Arizona, California, Georgia and Colorado.“The dental care industry is large, growing...
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November 11, 2022, 07:58 AM
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Catalio Capital Management announced the successful close of its inaugural special situations fund, Catalio Credit Opportunities Fund I (the “Fund”) with over $85 million in commitments from new and existing institutional investors globally...
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November 08, 2022, 07:00 AM
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SLR Healthcare ABL provided a $5MM asset-based revolving line of credit to a remote patient monitoring service.
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November 01, 2022, 06:00 AM
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Flagship Healthcare Trust, (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.The $265 million senior secured credit facility...
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October 21, 2022, 07:47 AM
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Enhanced Healthcare Partners (“EHP”), a premier healthcare-focused private equity firm, announced the naming of David Prendergast to Principal, Head of Business Development.David Prendergast joined EHP in the fall of 2019 to lead the firm’s business...
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October 11, 2022, 07:42 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger of $58.9 million in financing for the acquisition of a portfolio of six micro-hospitals. The buyer is a joint venture directed by an...
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September 28, 2022, 08:00 AM
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Siena Healthcare Finance announced the addition of Linda Kasian as VP, Underwriting. In her new role, Linda will be responsible for underwriting new healthcare transactions and working with the business development team in reviewing new opportunities...
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September 22, 2022, 07:33 AM
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Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, appointed Ryan Pavlik as vice president of debt capital markets. Pavlik is the newest addition to Water Street's team as the firm expands its...
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September 20, 2022, 07:20 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business provided $50.8 million to Seavest Healthcare Properties, LLC for the refinancing of Providence Family Wellness Center and Medical Office Building. Providence...
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September 14, 2022, 07:15 AM
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eCapital announced the creation of a new division, eCapital Healthcare, dedicated to serving clients within the healthcare industry with fast and flexible financial solutions designed for their unique needs. The new division will be led by 20+ year...
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September 13, 2022, 07:55 AM
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Greystone Monticello announced that Karina Davydov has been appointed as Senior Vice President ABL, Healthcare Originations. Formed in 2021, the Greystone Monticello joint venture provides a wide range of bridge financing options and asset-based...
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September 12, 2022, 07:54 AM
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SSG Capital Advisors acted as the investment banker to Path Medical, LLC and its parent company, Path Medical Center Holdings, Inc. in the sale of substantially all of its assets to an affiliate of Physicians Group, LLC. The sale was effectuated...
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September 09, 2022, 07:54 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business increased its existing credit facilities for FOX Rehabilitation by $50 million for a total financing of $172.3 million. The original financing was developed in...
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August 31, 2022, 07:19 AM
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Siena Healthcare Finance closed a $20MM working capital facility for an Ohio-based chain of skilled nursing facilities. Siena refinanced the line of credit from a large commercial bank.“We offered a competitive financing package with the flexibility...
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August 16, 2022, 07:35 AM
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Houlihan Lokey announced that Luiz Greca has joined the firm’s Healthcare Group as a Managing Director to lead the firm’s Healthcare IT (HCIT) practice in the U.S. He is based in the Miami office. Mr. Greca joins from William Blair & Company, where...
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August 10, 2022, 07:50 AM
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Alvarez & Marsal (A&M) expanded its life sciences, biopharmaceutical and medical technology (MedTech) offerings with the appointment of Philadelphia-based Steve Moscoe as a Managing Director in its Healthcare Industry Group. Moscoe’s hire extends...
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August 04, 2022, 07:42 AM
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White Oak Global Advisors provided a senior credit facility to Prime Plastic Surgery & Med Spa (“Prime”), a healthcare partnership comprised of the country’s leading board-certified aesthetic surgery practices. Proceeds will be used to fuel future...
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July 27, 2022, 07:52 AM
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Siena Lending Group announced the promotion of longtime team members Scott Elliotto and Jason Schick, who will play key roles in helping the company build on the success of its Healthcare Finance division. In addition to his current role as the...
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June 22, 2022, 07:42 AM
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FocalPoint Partners, a B. Riley Financial Company specializing in strategic and financial advisory services, announced that Andrew Hewlett has joined the firm as a Managing Director in its national healthcare practice. Hewlett brings close to 20...
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May 25, 2022, 07:40 AM
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Signature Bank announced the launch of a new business line with the appointment of a nine-person Healthcare Banking and Finance (HBF) team. The new private client banking team will provide lending services while garnering deposits to clients within...
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May 18, 2022, 07:53 AM
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CNH Finance announced over $40,000,000 in new commitments throughout Q1 2022, continuing the company's trend of solid portfolio growth. Recent financings include revolving line of credit facilities secured by AR and a term loan. Recent transactions...
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May 18, 2022, 07:10 AM
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Scott Andrews has been named executive director for BOK Financial’s Healthcare Banking line of business, one of the company’s specialty banking practices.“Since it was organized as a line of business almost a decade ago, our Healthcare Banking...
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May 16, 2022, 08:00 AM
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eCapital Corp., a leading finance provider for businesses across North America and the UK, announced the acquisition of CNH Finance, a Connecticut-based, specialty finance company focused on the healthcare industry.The deal, which closed Monday, May...
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May 03, 2022, 08:00 AM
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Siena Healthcare Finance closed a $10 million working capital facility for a California-based chain of skilled nursing facilities. The selection process with various lenders participating was thorough and very competitive. The Operators main...
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March 22, 2022, 07:22 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent for a $395 million senior credit facility to Genesis Healthcare, Inc.With roots dating back to 1985, Genesis is a holding company with subsidiaries that, on a combined basis...
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March 18, 2022, 08:00 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to recapitalize and extend growth capital to Youth Opportunity Investments (“YOI”), a provider of adolescent and psychiatric treatment services...
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March 16, 2022, 07:45 AM
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Alvarez & Marsal’s (A&M) Healthcare Industry Group has launched a Public Health practice. This practice will work with national, state and local governments, not for profit and community-based healthcare organizations to meet evolving healthcare...
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March 11, 2022, 07:52 AM
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Alvarez & Marsal (A&M) continues to expand its Healthcare Industry Group offerings with the launch of its Human Capital and Workforce Management Practice.
Led by Bianca A. Briola, the practice will focus on developing strategic solutions for...
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March 09, 2022, 07:20 AM
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SLR Healthcare ABL provided a $2 million asset-based revolving line of credit to a skilled nursing home operator. SLR Healthcare ABL provides asset-based financing solutions to small and mid-size healthcare providers throughout the United States....
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March 04, 2022, 07:30 AM
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Diversified Healthcare Trust amended the agreement governing its revolving credit facility and exercised its option to extend its maturity date to January 2024. The key terms of the amendment include:
DHC has extended the maturity date of its...
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February 24, 2022, 07:11 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance division provided more than $44 million toward the financing of medical office buildings and facilities in Florida, Washington, and Arizona. The loans supported a joint...
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February 24, 2022, 07:05 AM
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CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as sole lead arranger on two financings totaling $80.7 million for the acquisition of surgical centers in Naples, Florida, and Alexandria, Louisiana. In...
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February 17, 2022, 07:00 AM
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Alleon Healthcare Capital closed a $6,000,000 medical accounts receivable financing facility with a primary care provider network based in New Jersey (“Company”). The Company was founded in 2014 and partners with independent primary care...
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February 04, 2022, 07:08 AM
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Antares announced record 2021 performance supporting the growth and refinancing initiatives of new and existing borrowers within the healthcare and technology sectors.In 2021, Antares closed more than 90 transactions for middle market...
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February 03, 2022, 08:10 AM
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Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, committed $3.5 billion to private equity sponsors in support of healthcare transactions last year, completing 60 healthcare transactions across 33 subsectors....
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January 13, 2022, 07:51 AM
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Aleafia Health closed a credit facility of up to $19 million. The Credit Facility is financed by the Garrington Group of Companies, a Toronto-based private lender providing working capital financing to the underserved, small to mid-sized middle...
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December 29, 2021, 08:10 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to support the acquisition of Port 45 Recovery LLC (“Port 45”) by Sunrise Treatment Center, a Bridges Fund Management L.P. portfolio...
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November 10, 2021, 07:57 AM
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CIT Group announced that its Healthcare Finance business served as sole lead arranger on $55.5 million in financing for New Day Healthcare. New Day Healthcare, founded by long term home care executive G. Scott Herman, partners with market-leading...
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November 05, 2021, 07:40 AM
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Siena Healthcare Finance announced the addition of Dan Whitwer as Managing Director and Chief Risk Officer.Located in Los Angeles, Dan brings over 20 years of experience in asset-based lending to Siena. Prior to joining the Healthcare team, he served...
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October 26, 2021, 07:59 AM
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Monroe Capital announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of decile.ten communications (“d10”) by The CM Group, LLC, an existing portfolio company of NaviMed...
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October 26, 2021, 07:35 AM
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CIBC Innovation Banking provided a $30 million credit facility for Atlanta-based Azalea Health (“Azalea”). Azalea will use the capital to aid in its recent acquisition of dashboardMD, a cloud-based provider of business intelligence reporting...
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October 18, 2021, 07:33 AM
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J.P. Morgan Commercial Banking has appointed Kathryn McDonough as Co-Head of Healthcare for the Middle Market Banking & Specialized Industries (MMBSI) business, leading coverage for Life Sciences companies. McDonough will lead MMBSI’s national team...
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October 15, 2021, 08:00 AM
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Capital One entered into a definitive agreement to acquire TripleTree, LLC (TripleTree), a leading investment banking advisory platform serving market-leading healthcare companies, headquartered in Minneapolis, MN, with offices in New York....
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October 15, 2021, 07:57 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to HighFive Healthcare. HighFive is a specialty dental service organization (“DSO”) focused on acquiring high production endodontics and oral...
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October 08, 2021, 07:51 AM
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Runway Growth Capital, a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, hired Igor DaCruz as Managing Director to continue to expand the company’s Life Sciences Origination...
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October 07, 2021, 07:39 AM
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Siena Healthcare Finance recently provided a $12 million working capital facility for a private equity backed, multi-state provider of specialty pharmaceutical, infusion and nutritional therapy services for patients with chronic illnesses and health...
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September 29, 2021, 07:40 AM
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BHI announced that its Healthcare Group has provided $31.1 million to Lionstone Care for the acquisition of an assisted living and memory care facility in Southern New Jersey. The facility has 110 units and is licensed for 130 beds. Amenities at...
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September 28, 2021, 07:04 AM
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White Oak Healthcare Finance acted as administrative agent on the funding of a $185 million senior credit facility secured by 14 skilled nursing facilities in the Southeast. The total portfolio comprised over 1,400 beds.“Though the current operating...
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September 23, 2021, 07:47 AM
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CareCloud, a leader in cloud-based healthcare technology and revenue cycle solutions, announced that Silicon Valley Bank increased its secured line of credit, which is currently untapped, to $20 million to support future growth. The term of the line...
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September 23, 2021, 07:17 AM
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Horizon Technology Finance led a $15 million venture loan facility to Spineology, Inc. ("Spineology"), of which Horizon funded $5 million of the initial $10 million draw and a private investment vehicle managed by Horizon Technology Finance...
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September 21, 2021, 07:50 AM
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EisnerAmper announced that esteemed physician and former government official, Dr. David Shulkin, will be an advisor for the firm’s Health Care Services Group. Dr. Shulkin’s role will be to engage the U.S. Veteran’s Affairs, Centers for Medicare &...
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September 21, 2021, 07:00 AM
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KKR and Cornerstone Companies announced that Cornerstone and KKR have entered into a joint venture to acquire and develop a portfolio of diversified healthcare properties across the United States. KKR and Cornerstone have seeded the portfolio with...
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September 16, 2021, 07:54 AM
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Think Research Corporation entered into a new credit agreement with The Bank of Nova Scotia that will replace its existing credit arrangements with National Bank of Canada. The new Credit Agreement includes a $22 million revolving credit facility, a...
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September 13, 2021, 07:30 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on financing for the acquisition of Hedwig Place, a 102,774-square-foot five-story medical office building close to downtown Houston, Texas. The facility is a Class-A medical office...
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September 10, 2021, 07:35 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on a loan of about $43 million to finance the acquisition of a portfolio of medical office buildings in Florida and Arizona. The portfolio, acquired by Cypress West Partners...
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September 02, 2021, 07:50 AM
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Premier Health of America, a leading Canadian Healthtech company, negotiated the provision of two senior secured credit facilities by Royal Bank of Canada (“RBC”) for a total amount of up to C$27,00,000 (US$21.4 million).The first Credit Facility is...
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August 31, 2021, 07:16 AM
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Avadim Health completed the court-approved sale of substantially all its assets to a newly-created company owned by funds managed by Hayfin Capital Management (Hayfin) following a Chapter 11 process. The new company (the Company) will continue to...
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August 18, 2021, 07:39 AM
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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...
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August 16, 2021, 07:30 AM
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SLR Capital Partners announced initial closings of its healthcare direct lending funds (together "SLR HCLF" or the "Fund"), securing over $480 million in equity commitments, reaching SLR's initial target. With anticipated leverage, total available...
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July 30, 2021, 07:50 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on a $33.2 million loan to finance the acquisition of a medical office building in Brooklyn, New York. The class A medical office building is located at 902 Quentin Road, Brooklyn....
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June 16, 2021, 07:20 AM
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NavaDerm Partners completed a financing with CRG, a healthcare investment firm. Through the transaction with CRG, NavaDerm will initially access $20 million of debt and the proceeds will be used to retire existing debt and provide capital for...
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May 26, 2021, 07:00 AM
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Greystone and MONTICELLOAM announced their intention to combine their senior housing and healthcare lines of business under a new joint venture. The joint venture is anticipated to become a leading one-stop-shop provider of capital finance products...
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May 25, 2021, 08:02 AM
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JPMorgan Chase announced details about Morgan Health, a new business unit focused on improving the quality, efficiency, and equity of employer-sponsored healthcare. The new group will be led by Dan Mendelson, CEO of Morgan Health, reporting to Peter...
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May 21, 2021, 07:40 AM
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Alleon Healthcare Capital closed a $2,500,000 medical accounts receivable financing facility with a home care provider in New York (“Company”). The Company provides personal care, private duty nursing, clinical care, and related home care services...
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May 21, 2021, 07:00 AM
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Siena Healthcare Finance provided a $12,000,000 working capital facility for a California-based transportation company that provides non-emergency medical transportation. The facility consists of a revolver and term loan against the company’s vehicle...
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May 18, 2021, 07:33 AM
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Webster Bank is increasing its commitment to its Healthcare industry vertical by naming Steve Dowe, senior vice president, to lead Webster’s Middle Market Healthcare vertical focused on privately owned health care providers and senior housing...
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May 12, 2021, 07:48 AM
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White Oak Healthcare Finance acted as sole lender and administrative agent on the funding of a $25 million asset-based senior credit facility for Aspen Skilled Healthcare, Inc. The funds will primarily be used to finance ongoing working capital....
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May 11, 2021, 08:02 AM
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Alvarez & Marsal (A&M) further bolstered its Healthcare Industry Group’s growing compliance and regulatory offering with the appointments of Medicare’s top fraud officer, Alec Alexander, as a Managing Director, and Christina Steiner as a Director. Mr...
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May 06, 2021, 07:38 AM
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MUFG Union Bank named Anvar Hodjaev Head of Healthcare for its Commercial Banking division. Based in Los Angeles, he will lead the bank's Healthcare industry team and report to Adam Feit, Managing Director and Head of Financial Sponsors, Healthcare...
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April 26, 2021, 08:12 AM
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AdaptHealth Corp. amended its senior secured credit facilities to increase its term loan by $100 million and to expand the maximum borrowing capacity under its revolving credit facility from $250 million to $450 million. The primary use of proceeds...
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April 26, 2021, 07:07 AM
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Houlihan Lokey announced that Jonathan Guskind has joined the firm as a Managing Director in the Healthcare Group, covering medical technology. He is based in New York. Guskind joins from Morgan Stanley, where he spent more than a decade and most...
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April 21, 2021, 07:54 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on a $39 million loan to finance the Jefferson Health medical office building adjoining the Philadelphia Navy Yard Corporate Center. The borrower, Norvin Healthcare Properties, is...
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March 23, 2021, 07:00 AM
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One year into the COVID-19 pandemic, healthcare companies are rethinking their corporate strategy and evaluating mergers, acquisitions and divestitures, according to the Global Healthcare team at Mitsubishi UFJ Financial Group (MUFG). The team...
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March 23, 2021, 06:00 AM
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Alvarez & Marsal (A&M) appointed John McLean, III as a Managing Director, based in Atlanta, in the firm’s Healthcare Industry Group. Mr. McLean’s two decades of experience transforming health systems advances A&M’s expanding capability to address the...
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March 09, 2021, 08:00 AM
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Antares announced that it closed more than 55 healthcare industry transactions in 2020 bringing total commitments to healthcare borrowers to more than $4.5 billion. Throughout 2020, Antares supported the refinancing and growth initiatives of existing...
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February 02, 2021, 08:15 AM
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The healthcare and life sciences deal markets were active in 2020 and promise to continue to be robust into 2021, even amid the COVID-19 pandemic, according to the KPMG 2021 Healthcare and Life Sciences Investment Outlook survey.Investors are making...
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January 28, 2021, 08:00 AM
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CIT Group's Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate...
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January 28, 2021, 07:15 AM
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Twin Brook Capital Partners, the middle market direct lending subsidiary of Angelo Gordon, announced that it committed over $925 million to private equity sponsors in support of healthcare transactions last year, completing 26 healthcare transactions...
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January 14, 2021, 08:15 AM
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Healthcare venture fundraising soared to $17 billion in 2020, a 57% increase over 2019's record, according to Silicon Valley Bank (SVB). Investment in venture-backed companies also rose to a new high of $51 billion.SVB's 10th annual Healthcare...
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January 07, 2021, 08:25 AM
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Antares served as lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of Logibec by Novacap. Headquartered in Montreal, Canada, Logibec is a Montreal-based healthcare software...
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January 07, 2021, 07:38 AM
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J.P. Morgan Commercial Banking announced the hiring of Skip Kelly as managing director and relationship executive on the Venture Capital (VC) Coverage team within its Middle Market Banking and Specialized Industries (MMBSI) group. Based in Boston...
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December 18, 2020, 08:00 AM
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CIT Group announced that its Healthcare Finance unit served as the lead arranger of $93.7 million in combined financing for 19 healthcare facilities in California, Nevada and Washington between New Generation Health LLC (New Gen) and affiliates of...
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February 19, 2020, 08:00 AM
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Wells Fargo Strategic Capital, a division of Wells Fargo & Company, announced Dr. Rodney Altman as the newest managing director in its Healthcare Group, effective immediately. Altman, also a part-time physician at Stanford University Medical Center...
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October 24, 2019, 09:05 AM
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Wells Fargo Corporate & Investment Banking, a part of Wells Fargo & Company, announced David Lauffer has joined its Healthcare Investment Banking group as a Managing Director covering the biopharma sector. Based in New York, he will report to Omid...
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July 19, 2019, 09:05 AM
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GlassRatner Advisory & Capital Group, LLC, a specialty financial advisory services firm and wholly-owned subsidiary of B. Riley Financial, Inc., announced the addition of Melissa Scott, Jeannie O’Donnell and Mardelle Klaus to the firm.Scott...
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April 04, 2019, 09:00 AM
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For years private equity firms have invested in healthcare, but now the pace is quickening as they step up their presence in a highly fragmented health industry, seizing on consolidation opportunities to build a better business model, according to a...
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March 28, 2019, 09:15 AM
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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 $43.3 million term loan and line of credit to Continuing Healthcare Solutions, Inc....
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February 13, 2019, 07:26 AM
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Turnaround firm Healthcare Management Partners (HMP), acting as the court-appointed receiver, has closed the sale of substantially all assets pertaining to two Alabama-based senior care facilities (Cullman ALF Group, LLC and Decatur ALF Group, LLC)...
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January 16, 2019, 07:31 AM
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Twin Brook Capital Partners, the middle-market direct lending subsidiary of Angelo Gordon, announced that it has committed over $2 billion to private equity sponsors in support of healthcare sector transactions in the middle market, including over $1...
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January 07, 2019, 07:47 AM
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Healthcare-focused private equity is on the brink of a record year, according to new data from Preqin. Capital has flowed into the sector, with healthcare-focused private equity-backed buyout deals seeing year-on-year increases in aggregate deal...
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December 06, 2018, 08:01 AM
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $25 million senior secured term loan with Karius, Inc., a life science company transforming...
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November 30, 2018, 07:15 AM
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Premier Inc. announced that its subsidiaries have entered into a new, five-year unsecured revolving facility that provides up to $1.0 billion of borrowing availability. The maximum amount of the facility can be increased by an aggregate $350.0...
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November 19, 2018, 08:32 AM
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TIAA Bank announced the acquisition of a $1.5 billion portfolio of healthcare equipment leases and loans from GE Capital’s Healthcare Equipment Finance (HEF) business. This significantly expands TIAA Bank’s commercial banking business and enhances...
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November 16, 2018, 08:01 AM
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Healthcare service providers are confronting significant challenges with reimbursement and payments, staffing shortages, and the cost and complexity of technology implementation as the industry heads into 2019, according to a new survey by investment...
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November 14, 2018, 08:10 AM
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The rise of hospitals filing for Chapter 11 bankruptcy has shaped the U.S. economic distress in the third quarter of 2018, which is detailed in the latest Polsinelli-TrBK Distress Indices Report.
The report shows how health care has decoupled from...
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November 01, 2018, 08:00 AM
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Capital One announced that it has established a new unitranche loan program, focused on the commercial and healthcare real estate industries, with Kayne Anderson Real Estate as strategic co-investor. The program, through Structured Real Estate...
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October 31, 2018, 08:04 AM
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Capital One’s annual survey of seniors housing and long-term care executives has found that industry leaders are maintaining their optimistic outlook for M&A activity for the upcoming year. Ninety-two percent of executives foresee M&A activity...
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October 22, 2018, 07:12 AM
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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 Lead Arranger for...
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October 15, 2018, 07:00 AM
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White Oak Healthcare Finance, LLC announced that it closed an incremental financing for SoClean, Inc., a portfolio company of DW Healthcare Partners (DW). SoClean is the only provider of fully automated cleaning devices for Continuous Positive...
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October 10, 2018, 07:07 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lender and administrative agent on the funding of a $28 million senior credit facility for Granite Investment Group (Granite). Secured by three skilled nursing facilities in Texas, the...
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October 04, 2018, 07:10 AM
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FTI Consulting, Inc. announced the appointment of Chad Shandler and Clifford Zucker as Senior Managing Directors, Kevin DeLuise as a Managing Director and Roberta Probber and Karl Knechtel as Senior Directors in the Corporate Finance & Restructuring...
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October 03, 2018, 07:18 AM
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the close of a $10 million credit facility to a leading skilled nursing and assisted living provider that operates 64 facilities in the...
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September 26, 2018, 07:10 AM
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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...
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September 18, 2018, 07:04 AM
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Verity Health System of California, Inc., a nonprofit healthcare system, today filed voluntary petitions for protection under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Central District of California – Los Angeles...
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September 04, 2018, 08:01 AM
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Emergent BioSolutions Inc. announced that it has entered into an agreement to acquire Adapt Pharma and its flagship product NARCAN® (naloxone HCl) Nasal Spray, the first and only needle-free formulation of naloxone approved by the U.S. Food and Drug...
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August 30, 2018, 08:02 AM
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Capital One Healthcare’s Corporate Finance group resumed its position as the No. 1 lead arranger of healthcare leveraged loans by deal count in every category up to $1 billion, according to league tables produced with data from Thomson Reuters LPC....
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August 28, 2018, 08:00 AM
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Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $8.88 million in first lien debt financing to Madison Due West Property, LLC and a $1.50 million working capital loan the operating company of the...
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August 24, 2018, 07:04 AM
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Polsinelli released the Polsinelli-TrBk Distress Indices for the second quarter of 2018, which slowed slowing distress in the U.S. economy. For the first time in three quarters, the Polsinelli-TrBK Distress Indices has recorded signs of slowing...
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August 15, 2018, 08:12 AM
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Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $36 million in first lien debt financing to Maui Sunset, LLC and a $4 million working capital loan to the operating companies of the facilities.
The...
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July 20, 2018, 07:09 AM
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Despite U.S. healthcare defaults at a 16-year low, profits of some issuers are challenged, according to a new Fitch Ratings report."Payor consolidation and increasing scrutiny of both high cost drugs and care delivery settings are hurting healthcare...
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July 03, 2018, 08:00 AM
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CIT Group Inc. announced that its Healthcare Finance business, part of CIT's Commercial Finance division, has closed on a $26.6 million loan to finance the purchase of two adjoining medical office buildings in Rockville, Md. The properties, known as...
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June 21, 2018, 07:09 AM
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Capital One announced that it provided a $65 million adjustable-rate loan to Holiday Retirement to recapitalize two senior housing facilities that it owns and operates. Located in Cincinnati, Ohio, and Austin, Texas, the properties comprise 412 units...
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June 21, 2018, 07:07 AM
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Capital One announced that it served as administrative agent, sole lead arranger, and bookrunner on a $150 million senior secured credit facility for AccessOne. A leading provider of flexible, co-branded financing options that help patients manage...
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May 31, 2018, 07:06 AM
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Opus Bank announced that Patrick J. Rounds, a 34-year banking veteran, has joined Opus as Senior Managing Director, Healthcare Banking. Rounds will be responsible for further expanding, and providing capital financing and banking solutions to Opus’...
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May 30, 2018, 08:08 AM
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NXT Capital announced that it has provided an $80 million senior secured credit facility to support Tailwind Capital’s acquisition of Abode Healthcare. NXT Capital acted as the Administrative Agent, Joint Lead Arranger and Joint Bookrunner for this...
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May 02, 2018, 07:22 AM
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Capital One announced that it served as administrative agent on a $375 million senior secured unitranche facility for AccentCare, Inc., one of the largest for-profit home healthcare providers in the United States and a portfolio company of Oak Hill...
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April 25, 2018, 07:24 AM
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White Oak Healthcare Finance, LLC announced it acted as sole lead arranger and administrative agent on the funding of a $30 million senior credit facility to University Health System (UHS), a division of Biomedical Research Foundation of Northwest...
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April 25, 2018, 07:13 AM
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Rotech Healthcare Inc. entered into a new $185 million credit agreement with a diversified group of lenders including SunTrust Bank as administrative agent and issuing lender and SunTrust Robinson Humphrey, Inc., Regions Bank and Fifth Third Bank, as...
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April 12, 2018, 07:41 AM
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CNH Finance, L.P., a specialty finance company headquartered in Greenwich, Connecticut, announced the expansion of its national commercial healthcare lending capabilities with the acquisition of Triumph Healthcare Finance, a division of TBK Bank, SSB...
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March 19, 2018, 07:11 AM
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Genesis HealthCare, one of the nation’s largest providers of post-acute care, announced it has secured new financing commitments including a commitment for a new $555 million asset based lending (ABL) facility and an agreement for an amended and...
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February 22, 2018, 07:11 AM
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Fifth Third Bancorp announced that Fifth Third Securities Inc. has agreed to acquire Coker Capital Advisors, a premier M&A advisory services firm focused on middle-market healthcare companies. “The addition of Coker Capital Advisors to our team...
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February 06, 2018, 07:45 AM
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Super G provided a $2 million working capital loan to a sponsor-backed provider of employee healthcare management services.The company was seeking additional working capital for seasonality around Q4 employee enrollment, to cushion to continue growth...
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January 11, 2018, 07:25 AM
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FTI Consulting, Inc. announced that Jan Naifeh has joined the firm as a Senior Managing Director in the Corporate Finance & Restructuring segment, enhancing its healthcare advisory expertise for both companies and creditors. Naifeh, who will be based...
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January 09, 2018, 07:31 AM
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Capital One Healthcare’s Corporate Finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, according to Thomson Reuters. The corporate finance team closed 54 transactions in 2017. Capital One Healthcare...
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January 09, 2018, 07:26 AM
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Capital One’s annual survey of healthcare leaders found that industry executives are doubling down on their already-positive outlook for merger and acquisition activity. The survey of more than 300 senior executives found that exactly half of...
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January 03, 2018, 07:30 AM
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Kindred Healthcare, Inc. announced that its Board of Directors has approved a definitive agreement under which it will be acquired by a consortium of three companies: TPG Capital, Welsh, Carson, Anderson & Stowe (WCAS) and Humana Inc. for...
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December 21, 2017, 07:16 AM
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With several sectors in the Healthcare & Life Sciences industry seen as overvalued, finance executives are concerned that a market bubble is developing. However, despite bubble concerns, they expect a great deal of investment and M&A activity in...
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December 20, 2017, 07:27 AM
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ABILITY Network (ABILITY), a leading healthcare information technology company, announced that it has closed a debt issuance totaling $545 million. Proceeds will be used to replace existing debt at lower rates and extended maturities, fund cash to...
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December 15, 2017, 07:11 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to North Philadelphia Health System (NPHS) in the sale of substantially all of its assets to an affiliate of Iron Stone Partners. The sale was effectuated through a Chapter 11 Section...
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December 14, 2017, 07:19 AM
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Capital One announced that it provided a $44.4 million loan for the acquisition of a medical office building portfolio in North Carolina. The borrower is a joint venture of a client advised of Heitman, a global real estate investment management firm...
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December 12, 2017, 07:08 AM
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SunTrust Robinson Humphrey (STRH), the corporate and investment bank of SunTrust Banks, Inc. announced it has hired Kevin Carpenter as a managing director in its Technology & Services Investment Banking group. Carpenter brings more than 15 years of...
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December 07, 2017, 07:29 AM
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BlackArch Partners, a middle-market investment bank offering a full spectrum of advisory services, announced that Adam Huitt has joined the firm as Managing Director and head of the firm’s Healthcare industry practice.Over Huitt’s career, which...
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December 04, 2017, 07:34 AM
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PNC Bank announced the entry into a definitive agreement to acquire The Trout Group, LLC, the premier investor relations and strategic advisory firm servicing the healthcare industry, with more than 80 clients in the life sciences, biotechnology...
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November 28, 2017, 07:14 AM
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The Healthcare division of Wells Fargo Corporate Banking has made significant investments to expand its practice since its formalization. Healthcare Corporate Banking has doubled its capital commitments to the for-profit health care industry and has...
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November 17, 2017, 07:16 AM
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AAC Holdings, Inc. announced it has secured a $65 million acquisition financing commitment from Credit Suisse Securities (USA) LLC in conjunction with a senior secured incremental term loan facility arranged by Credit Suisse Securities (USA) LLC...
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October 10, 2017, 07:15 AM
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Abraxas Group Founding Partner David Johnson, serving in the role of Interim Chief Operating Officer, led the successful turnaround and restructuring of a Chicago-area Behavioral Healthcare Company active in adolescent residential treatment, adoption...
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October 09, 2017, 07:17 AM
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KeyBanc Capital Markets Inc., the corporate and investment banking unit of KeyCorp, announced that it has closed its acquisition of Cain Brothers, a healthcare focused investment banking and public finance firm.The acquisition agreement was announced...
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October 06, 2017, 07:05 AM
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FBR Capital Markets & Co. (FBR), a full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc, announced that David Buck, George Zavoico, Ph.D., and Madhu Kumar, Ph.D. have joined the firm as Equity Research Analysts along...
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October 04, 2017, 07:07 AM
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White Oak Healthcare Finance, LLC announced that it closed a financing for Hopebridge, LLC (Hopebridge). Hopebridge provides pediatric, clinic-based, outpatient therapy services to children and adolescents struggling with developmental and...
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September 27, 2017, 07:00 AM
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Wells Fargo announced that it has expanded its technology and life sciences focus in the Southwest, adding local, dedicated coverage for the bank’s Arizona, Nevada, and New Mexico technology and life sciences customers. The expansion leverages the...
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September 11, 2017, 08:00 AM
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Regions Bank announced that Mark Hardison has joined the Healthcare group as Managing Director with an emphasis on covering clients and prospects across the entire healthcare platform. Hardison will report to John Barton, Executive Vice President of...
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September 06, 2017, 08:16 AM
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Leveraged loan volume reached $874.7 billion year to date, an increase of 77.5% over the $492.9 billion raised at the same time last year and an indication the market could achieve new record volumes by year end, according to Thomson Reuters LPC data...
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August 28, 2017, 08:37 AM
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CeloNova BioSciences, Inc., a medical device company that develops, manufactures and markets a family of innovative cardiovascular products based upon its novel Polyzene™-F nanocoating technology, announced the completion of a 4-year joint financing...
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August 08, 2017, 07:08 AM
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Owens & Minor, Inc., a provider of healthcare logistics services, entered into a Credit Agreement by and among Owens & Minor Distribution, Inc., Owens & Minor Medical, Inc., Barista Acquisition I, LLC and Barista Acquisition II, LLC, and Wells Fargo...
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July 31, 2017, 07:04 AM
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WebMD Health Corp. and Internet Brands, a KKR portfolio company, announced that Internet Brands has entered into a definitive agreement to acquire WebMD in a transaction valued at approximately $2.8 billion. Under the terms of the agreement, a...
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July 26, 2017, 02:30 PM
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Strongbridge Biopharma plc, a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs, announced that it has entered into a $50 million senior...
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July 17, 2017, 07:17 AM
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Credit Suisse is moving Robert Willoughby to the Healthcare Group in its Investment Banking and Capital Markets division, a spokesperson for the company confirmed to ABL Advisor. In his new role Willoughby will serve as a Senior Advisor and will...
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July 14, 2017, 07:27 AM
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Digirad Corporation, a provider of healthcare solutions on an as needed, when needed, and where needed basis, announced that it has closed a new Revolving Credit Agreement with Comerica Bank. The Revolving Credit Agreement is a five-year revolving...
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June 26, 2017, 07:08 AM
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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...
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June 23, 2017, 07:15 AM
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Capital One announced that it served as sole lead arranger for a $213 million senior credit facility for BayMark Health Services, a portfolio company of Webster Capital. The facility will be used to refinance an existing loan and to support future...
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June 13, 2017, 07:06 AM
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Rothschild Global Advisory is further strengthening its North American business by announcing four more senior hires. Rothschild has hired Reza Vahabzadeh and Siddharth Hariharan as Managing Directors on the Consumer team, and Aashis Mehta and...
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May 30, 2017, 07:13 AM
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Super G provided a $1.5 million working capital bridge facility to a provider of software as a service (SaaS) solutions. The company's platform provides data management solutions to insurance agencies, government agencies, hospitals and other...
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May 25, 2017, 07:25 AM
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2017's first quarter was grim for retailers, as bankruptcy filings continued to escalate, with no sign of decreasing in the foreseeable future, proving the "Amazon Effect" is not a fluke. Energy industry filings are expected to continue in the second...
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May 12, 2017, 07:38 AM
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Capital One announced that it served as the lead arranger and syndication agent for a five-year, $217.1 million senior credit facility—consisting of a $167.1 million term loan and a $50 million revolving loan—for AccentCare, Inc., the fifth largest...
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April 27, 2017, 07:18 AM
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Amid questions about the direction of the global economy, investors doubled down on healthcare as a safe haven in 2016, driving up both deal count and deal value. Yet, with so much interest in overall healthcare assets, they faced intense competition...
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April 24, 2017, 07:47 AM
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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...
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April 07, 2017, 07:09 AM
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Wells Fargo Capital Finance, part of Wells Fargo & Company, announced that its Healthcare Finance Group acted as agent and sole lender for a $60 million senior secured credit facility for Sharecare Inc., an award-winning digital health and wellness...
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March 22, 2017, 07:59 AM
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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...
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March 14, 2017, 07:25 AM
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Gemino Healthcare Finance continues to expand its portfolio and has recently funded a $20 million senior secured asset-based revolving credit facility to Nyack Hospital. Proceeds from the loan will be used to pay off existing debt and for working...
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March 09, 2017, 07:00 AM
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CIT Group Inc., a provider of commercial lending and leasing services, announced that CIT Healthcare Finance served as joint lead arranger and joint bookrunner for a $275.3 million senior secured credit facility for Blue Wolf Capital Partners, a...
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March 07, 2017, 07:19 AM
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BioDelivery Sciences International, Inc. announced that it has entered into a senior credit facility with affiliates of CRG LP, a healthcare-focused investment firm, to retire its existing credit facility and provide additional working capital for...
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February 24, 2017, 07:25 AM
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BB&T Capital Markets announced the addition of three senior bankers to its investment banking team. David Keys joins as a managing director and head of the newly formed Healthcare Group, Dave Endom joins as vice president in the Healthcare Group and...
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February 10, 2017, 08:17 AM
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Monticello Asset Management, LLC announced that Monticello’s investment vehicle originated $9 million in first lien debt financing to Greenery Realty Group, LLC, a Skilled Nursing Facility in Canonsburg, PA. MAM is a Registered Investment Advisor...
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January 25, 2017, 07:04 AM
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Cartiva, Inc., an Alpharetta, Ga.-based developer of innovative products for the treatment of cartilage damage and osteoarthritis, secured $8.5 million in Series E financing.The round was led by New Enterprise Associates (NEA) with participation from...
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January 16, 2017, 07:33 AM
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Capital One Healthcare’s corporate finance group has been named the No. 1 lead arranger for healthcare leveraged loans up to $1 billion, according to Thomson Reuters. The corporate finance team closed more than 110 transactions in 2016. Capital One...
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January 10, 2017, 07:35 AM
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Monticello Asset Management, LLC, a Registered Investment Advisor, through an affiliated investment vehicle provides bridge-To-HUD loans to skilled nursing and assisted living facilities throughout the U.S., announced that Monticello’s investment...
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January 10, 2017, 07:09 AM
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Alpine Capital, as servicer and agent, has closed a senior debt financing facility for Satori Waters LLC, a substance abuse treatment company that provides rehabilitation services including partial hospitalization (“PHP”) and intensive outpatient...
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January 05, 2017, 07:25 AM
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Oxford Finance LLC, an industry-leading specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it has been acquired by an affiliate of Wafra Capital Partners, whose family of funds and...
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November 18, 2016, 07:45 AM
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The construction, consumer and retail, and healthcare industries were the most active in closing deals valued at $75 million or less in the third quarter of 2016, according to a new survey released by CMF Associates, private equity’s preferred...
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November 08, 2016, 07:41 AM
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Alpine Capital said it has provided senior debt financing to Comprehensive Health Services, a healthcare technology and services company located in New Jersey. The financing consisted of a $1 million senior secured revolving line of credit and a $5...
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November 08, 2016, 07:30 AM
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Huron Consulting Group announced that Matt Wilson will join the company as a managing director in its Healthcare practice. He will be responsible for helping health systems, hospitals and physician organizations achieve sustainable improvements in...
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August 11, 2016, 09:25 AM
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Gemino Healthcare Finance announced it has provided senior secured financing to ServRx, Inc., a leading electronic workers’ compensation prescription claims processing company. The credit facility will be used to fund working capital needs as ServRx...
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March 08, 2016, 08:05 AM
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ORIX USA announced the continued expansion of ORIX Ventures, the business unit dedicated to supporting high growth companies. With record performance in 2014 and continued success in 2015, ORIX Ventures has expanded further with a new...
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October 21, 2015, 07:42 AM
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LCG Advisors, a leading Tampa based corporate finance advisory firm, has announced the acquisition of the operations of Conscientia Analytics, a Jacksonville based healthcare due diligence firm. The acquisition of Conscientia allows LCG to diversify...
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October 21, 2015, 07:28 AM
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hc1.com, inventor of the world's leading healthcare relationship management platform, announced it has raised $13.2 million in new growth capital led by existing hc1.com investors. The company plans to deploy this capital to support expansion through...
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October 19, 2015, 07:36 AM
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Intrepid Investment Bankers announced that Jonathan Bluth has joined as Head of its Healthcare Group to lead the growth of the firm in this rapidly consolidating sector. Bluth joins Intrepid with more than 15 years of healthcare finance experience...
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October 05, 2015, 07:31 AM
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GE announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with...
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August 12, 2015, 08:00 AM
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Spurred by rapid growth of the life sciences supercluster in Boston, Wells Fargo announced the expansion of its Commercial Banking capabilities to serve life sciences companies. The company has named Katherine Andersen, a 15-year finance veteran of...
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January 28, 2015, 07:59 AM
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Leading global professional services firm Alvarez & Marsal (A&M) has bolstered its Healthcare Industry Group with the addition of Donald Casey Jr. MD, MPH, MBA, who joins as a managing director based in Chicago.A board-certified primary care...
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November 12, 2014, 07:07 AM
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Healthcare Finance Group, LLC ("HFG") announced that Andy Phelps and Mark Farlin have joined the company as Senior Vice Presidents of Business Development. Their efforts are part of HFG's expanding sales and marketing initiatives as it grows to meet...
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September 16, 2014, 07:19 AM
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Ally Corporate Finance, a unit of Ally Financial Inc. that provides senior secured commercial lending products to primarily U.S.-based, middle-market companies, named Jim Babcock managing director and head of Healthcare Underwriting, effective...
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September 08, 2014, 07:53 AM
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SOLIC Capital Advisors, LLC, a leading middle-market financial advisory firm, announced the closing of three hospital transactions in which the firm served as financial advisor.The transactions include: Community Memorial Healthcenter’s (South Hill...
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July 31, 2014, 07:31 AM
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Consonance Capital Partners (“CCP”), the private equity arm of Consonance Capital, a leading healthcare-focused investment firm, announced the final closing of its $500 million healthcare private equity fund. The fund was oversubscribed, surpassing...
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July 22, 2014, 07:28 AM
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Shore Capital Partners, a Chicago-based healthcare focused private equity firm, announced today that it has successfully completed fundraising for Shore Capital Partners Fund I (“Fund I”), which was substantially oversubscribed and closed with $112.5...
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June 05, 2014, 07:19 AM
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Wells Fargo & Company announced that it has formalized a team within its Corporate Banking Group to meet the banking needs of its large and complex for-profit healthcare customers.The newly formed Healthcare Group, under the leadership of David...
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March 06, 2014, 07:09 AM
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MidCap Financial, a leading healthcare oriented commercial finance company focused on the middle market in the United States, today announced it has been acquired by an entity managed by Apollo Global Management, LLC (together with its consolidated...
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November 19, 2013, 07:43 AM
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A new report by HealthLeaders Media and Bank of America Merrill Lynch explores the hidden opportunities in financial processes, including changes that can improve financial and operational performance and increase patient satisfaction. ...
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October 11, 2013, 07:27 AM
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Capital One Bank acted as a joint book runner on a $213.5 million secured term loan to FC Ranger Acquisition, LLC, to finance the acquisition of a portfolio of 26 senior housing properties consisting of 272 independent living units, 1,168 assisted...
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July 09, 2013, 07:02 AM
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Healthcare Finance Group provided an $8 million senior secured revolving line of credit facility that may be increased to $12 million to Enzo Biochem, Inc. (Enzo) for working capital and growth purposes. The new secured revolving line of credit will...
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June 11, 2013, 07:38 AM
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Tighter risk spreads and continuing signs of over-heating in debt markets have led some U.S. business development companies (BDCs) to look for new growth opportunities. Several BDCs, which are largely cash flow lenders to middle-market companies...
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May 15, 2013, 07:53 AM
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Fifth Street Finance Corp. announced that it has entered into a definitive agreement to acquire Healthcare Finance Group, LLC ("HFG") as a portfolio company. HFG is a specialty lender providing asset-based lending and term loan products to the...
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May 08, 2013, 08:05 AM
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Already in dire financial straits, U.S. safety net hospitals are now facing an increased risk of failure as a result of the Affordable Care Act, according to a new report released by Alvarez & Marsal’s Healthcare Industry Group. The report details a...
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April 17, 2013, 07:59 AM
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NXT Capital announced that Stuart Smartt has joined the company as Managing Director, Head of Healthcare, for the Corporate Finance Group. Smartt’s responsibilities include originating and leading senior secured credit facilities for private equity...
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April 10, 2013, 07:12 AM
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Rotech Healthcare filed voluntary petitions for reorganization under Chapter 11 of the U.S Bankruptcy Code as well as its plan of reorganization as the next step towards completing its debt reduction and restructuring announced on March 15, 2013....
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April 09, 2013, 07:10 AM
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Prospect Capital Corporation provided $47 million of senior secured first-lien debt financing to support the acquisition of Atlantis Health Care Group (Puerto Rico), Inc. (Atlantis) by ICV Partners, a leading investment firm focused on lower...
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March 21, 2013, 07:35 AM
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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...
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March 13, 2013, 07:48 AM
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Global professional services firm Alvarez & Marsal announced the addition of Steve Geringer, a senior healthcare executive, advisor and director, to lead A&M Healthcare Industry Group’s private equity services as a managing director based in New York...
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January 23, 2013, 07:48 AM
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MC Healthcare Finance, a specialized healthcare lender offering asset-based, term and cash flow loans to middle market and lower-middle market healthcare companies, announced that Kim Gordon has joined the firm as SVP/Director of Credit. Gordon is...
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January 17, 2013, 07:48 AM
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GE Capital, Healthcare Financial Services announced it is serving as administrative agent on a $21.5 million senior secured credit facility for Amedica Corporation. The financing will be used for working capital to support growth.
Headquartered in...
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January 10, 2013, 08:08 AM
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Capital One Bank provided a $34 million construction loan to WH Hospital Property Company, to fund the conversion of an existing medical office building into an acute care hospital, Walnut Hill Physicians’ Hospital. The construction loan will convert...
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December 20, 2012, 07:04 AM
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BMO Harris Bank’s Sponsor Finance group announced it was the sole lead arranger, sole bookrunner and is administrative agent for $40 million in senior credit facilities to JDC Healthcare Management, LLC, and a portfolio company of Black Canyon...
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October 31, 2012, 06:00 AM
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Doral Healthcare Finance provided a three year $7 million revolving line of credit to a chain of HUD and Non-HUD nursing homes managed by LA Management. Proceeds from the transaction will be used for working capital and to refinance existing debt at...
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October 22, 2012, 07:07 AM
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