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Monroe Capital Supports InTandem Capital’s Acquisition of Providence Care

January 27, 2022, 07:55 AM
Filed Under: Healthcare

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Providence Care (“Providence”) by private equity sponsor, InTandem Capital.

Founded in 2010 and headquartered in Rock Hill, SC, Providence Care is the leading provider of post-acute and end-of-life services throughout the state of South Carolina. By utilizing an integrated home care model, Providence provides its patients with specialty services including house calls, home health care, telehealth, palliative and hospice care services. Through innovation, technology, and quality outcome measures, Providence provides a better patient experience throughout the patient's care journey, and serves more than 3,000 patients throughout the Midlands, Upstate, and Lake-lands regions.

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