Alpine Capital provided $7.5 million in financing to Claris Vision Holdings. The facility included a $3 million senior secured revolving line of credit, a $2.5 million senior secured term loan and a $2 million equipment lease line.
Proceeds from the financing will go towards working capital purposes, including the refinancing of outstanding indebtedness and supporting the growth CAPEX and potential future acquisitions.
Claris Vision was formed in 2011 to provide comprehensive vision care services available in New England.
“Alpine Capital worked diligently to structure a capital solution that met our growth needs,” said Marcello Celentano, CEO of Claris Vision. “It was evident through their healthcare finance industry expertise and strong understanding of the eye care space specifically that we were partnering with the best capital source possible. We are delighted to have Alpine as our lending partner.”
“With its strong capitalization, excellent management team, leading market presence and high demand for their eye care services, Claris Vision is a provider that we’re very pleased to support,” said Alan Regdos, CEO of Alpine Capital. “Claris Vision is an example of how our services can help support practices to maximize growth and thrive in a highly competitive environment.”
Alpine Capital is a specialty financial services firm that provides senior debt solutions to the healthcare industry.