Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Providence Care by private equity sponsor InTandem Capital.
Founded in 2010 and headquartered in Rock Hill, SC, Providence Care is a provider of post-acute and end-of-life services throughout South Carolina. By utilizing an integrated home care model, Providence provides its patients with specialty services, including house calls, home healthcare, telehealth, palliative care and hospice care services.