Brightwood Capital Advisors, a private credit firm, acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners’ acquisition of Barrington James.
Founded in 2002, Barrington James provides life sciences companies with recruitment solutions that combine deep industry expertise with innovative recruitment technology to make talent identification and attraction easier. The company’s specialist areas range from artificial intelligence, biometrics and clinical development to finance, medical affairs, commercial, quality assurance and computational sciences. The company also identifies placement opportunities ranging from contract and interim positions through to board and C-suite-level roles. Barrington James operates twelve offices in core life sciences clusters globally including in New York, London, Tokyo, Singapore, Raleigh, North Carolina and Greenville, South Carolina supporting placements across Europe, North and South America and Asia.
“We are pleased to support Barrington James as it continues to experience robust growth amidst a challenging macro environment,” Sengal Selassie, CEO and managing partner at Brightwood, said. “Healthcare services is a key part of our investment focus, and we are proud to partner with companies that continue to bring essential new talent to the industry.”
“We are pleased to work closely with Brightwood, who brought substantial healthcare investing and underwriting expertise as well as execution capabilities which were instrumental factors in bringing this transaction to fruition,” Zach Rosskamm, managing director at Orangewood Partners, said. “We look forward to our continued partnership and the future success of Barrington James.”
