FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


White Oak Healthcare Finance Closes $82MM Loan for Caregiver Inc.

April 03, 2019, 09:00 AM
Filed Under: Healthcare

White Oak Healthcare Finance, LLC, announced it acted as sole lender and administrative agent on the funding of a $82 million senior credit facility for Caregiver, Inc., a behavioral health company backed by both DW Healthcare Partners (DWHP) and Council Capital (Council).

“We are very happy to again partner with DWHP and for the first time with Council given their collective deep experience in the sector.  As a leading healthcare lender, we believe in the mission of the company and the importance of the services it provides to this population,” said Ross Eldridge, Managing Director at White Oak.

Caregiver provides residential and long-term support services to people with intellectual and developmental disabilities (“IDD”) – allowing consumers to live their most fulfilling life fully integrated into local community settings.

“It was great to work with the team at White Oak. In addition to providing us with a compelling financing package, their flexibility and knowledge of IDD is broad,” said Aly Champsi, Managing Director at DWHP.  “White Oak did an exceptional job creating a facility that will enable Caregiver the flexibility to continue its rapid expansion,” said Eric Keen, General Partner at Council Capital.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.