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WhiteHorse Finance Provides $17MM Financing for Advanced Tissue

Date: Apr 01, 2013 @ 07:29 AM
Filed Under: Healthcare

WhiteHorse Finance, announced today that it has provided a $17 million senior secured financing facility for Comprehensive Decubitus Therapy, Inc. (also known as “Advanced Tissue”). WhiteHorse Finance’s investment includes a revolving credit facility and a senior secured term loan.

Headquartered in Little Rock, AK, Advanced Tissue is a leading supplier of wound care products to individuals, clinics, and senior care facilities. Advanced Tissue offers a broad array of products for the treatment of wounds arising from diabetes and other chronic conditions. FirstSouthwest, a diversified investment bank, acted as financial advisor to Advanced Tissue in this transaction.

WhiteHorse Finance has extensive experience investing in healthcare companies, including past investments in acute care providers, senior care and pharmaceutical companies. WhiteHorse Finance, Inc. is a business development company that originates and invests in loans to privately held small-cap companies across a broad range of industries.

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