Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $43.3 million term loan and line of credit for Continuing Healthcare Solutions (CHS).
The funds will be used to purchase and provide working capital for eight long-term care facilities in Ohio from the Zandex Group.
Established over six years ago by long-term industry veterans, CHS provides long-term care services in Ohio and neighboring regions.
The acquisition of the Zandex portfolio will enable CHS to deliver best-in-care services to markets in which they have an established footprint.
