NXT Capital provided a $50.5 million senior secured credit facility to support Tenex Capital Management’s acquisition of Ohio Medical Corporation.

NXT Capital acted as the sole lead arranger, administrative agent and sole bookrunner for this transaction.

“We are excited to close our third platform transaction with NXT. NXT provided a flexible financing solution that will support the future growth of the Ohio Medical business,” said Scott Galletti, managing director, Tenex Capital Management. “We look forward to continuing our growing relationship with NXT.”

Gurnee, IL-based Ohio Medical Corporation manufactures and distributes medical suction and oxygen therapy products and source equipment.