Extended Care Professional (ECP), a SaaS-based company that provides a suite of integrated EHR, eMAR and other software tools to assisted living facilities and the pharmacies that serve them, was seeking additional capital to bolster its sales and R&D teams to further support growth. The company also wanted to partner with a debt provider that could facilitate additional tranches for add-on / tuck- in acquisitions as opportunities arise. ECP’s product suite automates med-passing workflows leading to better patient outcomes and enhanced oversight.
SG Credit Partners provided a non-dilutive growth facility structured around ARR and enterprise value. The credit facility included additional tranches available upon achieving agreed upon KPIs.
