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LBC Credit Partners Supports LightBay Capital’s Investment in Rancho Family Medical Group

February 03, 2021, 07:40 AM
Filed Under: Industry News

LBC Credit Partners provided a senior secured credit facility to support LightBay Capital’s investment in Rancho Family Medical Group.

The investment from LightBay will allow Rancho Family to invest in new and existing care centers, as well as additional technology tools, which will facilitate the Company’s continued growth.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.

Rancho Family has been a fixture in Southwest Riverside County since 1942. It is the oldest family practice group in the Temecula Valley with nearly 50 providers who manage 50 thousand lives across 20 clinic, senior center, urgent care, senior nursing facility, and hospital locations.

LightBay Capital is a Los Angeles-based growth-focused private equity firm that applies a flexible capital approach to middle-market investing. Primarily focused on the healthcare, consumer, and business services industries, LightBay invests across the capital structure and in all market environments to help accelerate the growth of high-quality companies.

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