MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a senior secured credit facility to Silver Group Holdings, LLC (“SilverAssist” or the “Company”). Proceeds from the credit facility will be used to support ongoing working capital needs.
SilverAssist is a comprehensive senior assistance platform, connecting seniors and their families with trustworthy information, expert guidance, and quality services to simplify senior life. SilverAssist offers insights into and complementary advisory services for home care, senior communities and financing options in an effort to empower families to provide the best care for their loved ones. SilverAssist serves the senior care market by delivering a comprehensive senior assistance platform that encompasses market-leading information, lead generation and financial services for seniors and their families as they navigate the complexities of senior care. This unification provides opportunities for SilverAssist to truly aid caregivers and seniors through the later innings of life with a more holistic, personalized advisory-based approach, while facilitating connections with the optimal care providers and services tailored to their needs.
Growth Catalyst Partners is a middle-market private equity firm with offices in Chicago, IL and Rowayton, CT. GCP invests in tech-enabled services businesses with a strategy of targeting growth segments of industries and strives to identify and build market-leading companies with breakout potential. GCP partners with company founders and owners along with top executives within those industries to provide capital, proprietary deal origination and operating expertise to the management teams. Members of the GCP team have deep sector expertise and have collectively led hundreds of transactions and investments in services businesses for over 20 years. Since the firm’s founding in 2017, GCP has completed over 100 acquisitions across its 15 platform companies.
