Antares Capital is serving as administrative agent and joint lead arranger along with Varagon Capital Partners on $151 million in senior secured credit facilities to support the acquisition of NJRetina by Quad-C Management (Quad-C).
NJRetina specializes in diagnosing and treating all medical and surgical conditions of the vitreous and retina, serving patients across 16 locations throughout New Jersey.
“Antares has a track record of success in executing transactions within the healthcare sector,” said Frank Winslow, partner with Quad-C. “We appreciate their physician services expertise, as well as the speed and responsiveness they delivered throughout the process.”
“NJRetina is known for providing its patients with a high quality of care,” said Doug Koch, managing director with Antares. “With Quad-C’s support and an experienced management team, we look forward to NJRetina’s continued growth.”
Charlottesville, VA-based Quad-C is a middle market private equity firm focused on investing in well-established business services, consumer, general industrial, healthcare, specialty distribution and transportation and logistics companies.
