Daily News: July 10, 2019

LBC Supports Acquisition of e+CancerCare by Integrated Oncology


LBC Credit Partners provided senior secured credit facilities to support the acquisition of e+CancerCare by Integrated Oncology Network, a portfolio company of Silver Oak Services Partners.

LBC served as sole lead arranger and administrative agent for the senior secured credit facilities.

Founded in 2002, e+ is an operator of outpatient cancer care centers with 21 centers in 10 states. ION and its subsidiaries are focused on quality patient care with expertise in radiation oncology operations and provide its physician and hospital partners management services including
practice management, revenue cycle, compliance, HR, physics & dosimetry and IT. The combination of ION and e+, along with ION’s recently announced acquisition of Gamma West Brachytherapy, creates a leading cancer treatment platform with 51 locations across 17 states.

Silver Oak Services Partners is a private equity investment firm based in Evanston, IL.