LBC Credit Partners provided a senior secured credit facility to support LightBay Capital‘s investment in Rancho Family Medical Group. LBC Credit Partners served as agent and sole lead arranger for the senior secured credit facility.
The investment from LightBay Capital will allow Rancho Family Medical Group to invest in new and existing care centers as well as additional technology tools.
Rancho Family is based in southwest Riverside County in California. It is a family practice group in the Temecula Valley with nearly 50 providers who manage 50,000 lives across 20 clinic, senior center, urgent care, senior nursing facility and hospital locations.
LightBay Capital is a Los Angeles-based private equity firm that primarily focuses on the healthcare, consumer and business services industries,
LBC Credit Partners provides middle market and small-cap financing solutions supporting sponsored and non-sponsored transactions throughout the U.S. across a range of industries.
