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LBC Supports Refi of BioMatrix Specialty Pharmacy

May 01, 2019, 08:50 AM
Filed Under: Pharmaceuticals

LBC Credit Partners provided a term loan to BioMatrix Specialty Pharmacy, LLC, a portfolio company of ACON Investments, L.L.C., (ACON) to refinance existing debt and to support an add-on acquisition.

BioMatrix Specialty Pharmacy, LLC offers comprehensive, nationwide specialty pharmacy services and digital health technology solutions for patients with chronic, difficult to treat conditions. Their growing family of companies unites leaders in the specialty pharmacy industry to improve health and empower patients to experience a higher quality of life.

ACON Investments, L.L.C. is a Washington, DC-based international private equity investment firm that manages private equity funds and special purpose partnerships that make investments in the United States, Latin America and Europe. Founded in 1996, ACON has responsibility for managing approximately $5.5 billion of capital. ACON has professionals in Washington, DC, Los Angeles, Mexico City, São Paulo and Bogotá.

LBC served as Sole Lender for the senior secured term loan.

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