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BizCap Structures and Delivers Financing for Bay Area Medical Clinic

February 13, 2020, 09:05 AM
Filed Under: Medical

Business Capital structured and delivered approximately $6MM in senior secured loans for NOVA IVF, a clinic established in 1987, providing in vitro fertilization (IVF) treatments with a consistent success rate well above average nationwide. With an experienced team of embryology doctors and among the highest percentage success rate, NOVA is reputed as one of the most desired treatment centers of its type, as evidenced by its one-year waiting list.  The company is also a leader in egg-freezing technologies, a service which is increasingly in demand. This financing facility will allow the clinic to hire new physicians, take on additional clients waiting for treatment, and increase revenues.

Westhook Capital (“Westhook”), a Los Angeles-based private equity firm, today announced it has made an investment in Santa Rita Landscaping (“Santa Rita”), a leading provider of commercial landscaping services in Tucson, Arizona. The Company will continue to be led by Tanner Spross and Kathi Roche, who will remain in their positions as CEO and CFO, respectively. Santa Rita ranks #114 in Landscape Management’s Top 150. Its services include the design, installation and maintenance of commercial landscape.

Brian Ham, co-founder of Santa Rita, said, “We are very proud of our team and what we have built at Santa Rita. We are excited about Westhook’s ‘partnership-driven’ approach and we’ve been impressed by their deep expertise in the Green Industry.”

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