Citizens Commercial Banking led a $220 million credit facility to support Avista Capital Partners’ acquisition of National Spine & Pain Centers from Sentinel Capital Partners.

Citizens served as left lead arranger and administrative agent.

“Avista Capital Partners’ acquisition of National Spine & Pain Centers demonstrates the strength of Citizens’ sponsor and healthcare teams working together with our clients,” said Doug Cornett, managing director of healthcare banking at Citizens Commercial Banking. “Helping sponsors by providing acquisition financing is just one of the ways that Citizens delivers value for clients at every stage of their business life cycle.”

National Spine & Pain Centers is a management services organization serving 69 interventional pain management clinics across seven states in the Mid-Atlantic and Northeast.