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Monroe Capital Arranges Unitranche Facility to Support Priority Ambulance

April 25, 2017, 08:00 AM
Filed Under: Healthcare

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a unitranche facility to support the future growth of Priority Ambulance, LLC by private equity sponsor Enhanced Equity Funds.
Based in Knoxville, Tennessee, Priority Ambulance provides the highest level of clinical excellence in emergency and nonemergency medical transport to the communities it serves in Tennessee, Alabama, New York, Arizona, Indiana, Georgia and South Carolina. Throughout its national footprint, Priority Ambulance operates approximately 400 emergency and nonemergency vehicles staffed by more than 1,600 licensed paramedics and EMTs. Priority’s state-of-the-art ambulances are equipped with the latest medical equipment and technology.

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