NXT Capital was the sole lead arranger, sole bookrunner and administrative agent for this transaction.
Washington, D.C.-based private equity firm Arlington Capital Partners has managed $1.5 billion of committed capital via three investment funds that focus on middle market investment opportunities in healthcare services, government services and technology, aerospace/defense, and outsourced business services and software.
“We’re very pleased to work with NXT Capital again,” said Matthew Altman, partner, Arlington Capital Partners. “NXT provided the creativity, certainty and in-depth healthcare industry knowledge we needed to quickly move ahead on this opportunity.”
Ontario Systems is a provider of revenue cycle management and accounts receivable management solutions for the healthcare and outsourced accounts receivable management industries.