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Healthcare | Debt & Equity Financings

TechHealth Completes Financing

  • TechHealth, Inc., a healthcare services provider, retained TM Capital to arrange a credit facility to facilitate a dividend recapitalization and support the Company’s general working capital needs
  • TM Capital advised TechHealth in structuring, negotiating and closing a $25 million senior term loan and revolving credit facility provided by SunTrust Bank
  • TechHealth is a privately owned leader in providing outsourced management of ancillary medical services for care of patients covered by workers’ compensation
  • The Company directly contracts with a national network of providers and utilizes its proprietary technology to create efficiencies for its client base of insurers, TPAs and self insured employers

$25,000,000 Senior Debt Financing

$10,000,000 Revolving Credit Facility $15,000,000 Senior Term Loan provided by

TechHealth Completes Financing

TM Capital assisted TechHealth in arranging $25 million of senior debt financing in connection with a dividend recapitalization

Details

For more information, contact our healthcare team at:

healthcare@tmcapital.com

Client Testimonial

“TM Capital’s understanding of our healthcare services business, market clearing financing reach and hands on leadership resulted in a transaction which exceeded our expectations and confirmed our rationale for engaging a professional investment bank. Their performance was superb by any measure.””
- Thomas R. Sweet, CEO, TechHealth