Daily News: January 3, 2013

BMO Harris Provides $50 Million for Prospira Acquisition


BMO Harris Bank’s Sponsor Finance group, a provider of middle-market leveraged finance solutions, announced it was joint lead arranger, sole bookrunner and is administrative agent for $50 million in senior credit facilities to support the acquisition of the National Pain Institute by Prospira PainCare, Inc. Prospira is a portfolio company of Enhanced Equity Funds, Webster Capital and Pulse Equity Partners.

Prospira is an operator of physician pain practices focused in the comprehensive pain management sector. Headquartered in MountainView, CA, the company takes a multidisciplinary approach to pain care that is designed to be a high-quality, cost-effective option to help patients manage chronic and acute pain.