US Capital Partners Advises on Valley Respiratory Facility
US Capital Partners has advised on an $8 million term loan and line of credit for Arizona-based firm Valley Respiratory Services.
“We are satisfied that US Capital Partners was cooperative in the closing of our $8 million financing in such a quick and efficient manner,” said Ronald Evans, president and CEO at Valley Respiratory Services. “Our business has been expanding quickly and required financing to help facilitate our growth, both organically and through strategic acquisitions.”
“We are delighted to have advised on the refinancing of this expanding firm in the healthcare equipment and services industry,” said Jeffrey Sweeney, CEO and managing director at US Capital Partners. “Valley Respiratory Services approached us to consolidate and refinance its existing debt, as well as to secure additional capital to fund strategic acquisitions. Following a detailed financial analysis of the business, US Capital Partners was able to help refinance the firm’s existing lenders and structure an expansive, scalable facility, thereby providing additional availability to fund growth through acquisitions.”
Valley Respiratory Services was established in 2006 to meet the needs of patients in the community for respiratory equipment.