TCF National Bank and Patriot Capital provided financing to Naprotek in connection with the company’s acquisition by Edgewater Capital Partners. FocalPoint Partners served as financial advisor to Edgewater.
FocalPoint Partners added restructuring and special situations veteran Richard F. NeJame as managing director in its New York office. NeJame previously served at Oppenheimer & Co, Alex. Brown & Sons, Lazard Frères & Co, Imperial Capital and Gleacher & Company.
Lucid Medical Management, through its wholly-owned subsidiary Exclusive Provider Network, secured a $30 million asset-based loan from Digital Lending Services. FocalPoint Partners served as exclusive investment banker to Lucid Medical.