Healthcare Funding Partners closed a $180 million senior secured credit facility. J.P. Morgan served as sole bookrunner and joint lead arranger, with Citi as the supporting joint lead arranger.
“Our team is incredibly excited about our new bank partners, which allows our company to have the financial capability to execute on both our organic and M&A growth strategies,” Michael S. Hilf, CEO of Healthcare Funding Partners, said. “We look forward to the successful completion of our first strategic acquisitions.”
“The J.P. Morgan banking team executed this transaction with ease and professionalism,” Chad I. Sokoloff, chief operating officer of Healthcare Funding Partners, said. “We are pleased to be supported by these banks and look forward to the continued relationship.”
Healthcare Funding Partners was advised on the transaction by Houlihan Lokey, which served as exclusive financial advisor and placement agent.
