Healthcare | Debt & Equity Recapitalizations

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

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