Varagon Capital Partners served as administrative agent, lead arranger and bookrunner on a senior secured credit facility to support the acquisition of Q-Centrix by TPG Growth.

Founded in 2010 and headquartered in Chicago, IL, Q-Centrix is the largest registry data management company in the U.S. It aims to measurably improve the quality and safety of patient care through the use of market-leading technology platform that augments the clinical intelligence and efficiency of the industry’s largest and broadest team of nurse-educated, quality information specialists.

“With Varagon’s expanded healthcare investment team, we are excited to partner with TPG Growth and the Q-Centrix management team to continue delivering a comprehensive quality data management solution to hundreds of hospitals,” said Sam Kwon, managing director at Varagon.

TPG Growth is the middle market and growth equity investment platform of alternative asset firm TPG. It targets investments in a broad range of industries and geographies.

Varagon lends to middle market companies and private equity firms, investing across the capital structure and delivering flexible financing solutions that meet the needs of private equity partners.