White Oak Healthcare Finance acted as sole lead arranger on the funding of a senior credit facility to refinance United Medical Systems, a portfolio company of New State Capital.
The company is a provider of shared medical services, primarily in the form of mobilized equipment solutions in urology.
“UMS’s breadth of urologist and medical facility relationships make it uniquely positioned to not only strengthen its core business but also grow through providing additional service offerings,” said White Oak’s Managing Director Ross Eldridge. “We are excited to partner with New State Capital to invest in a company with such a strong customer base and high retention rate.”_x000D_
UMS and its urologist partners have performed more than 1 million procedures in more than 1,400 medical facilities throughout the US, Canada and South America.
