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White Oak Healthcare Finance Closes Credit Facility for Youth Opportunity

Date: Mar 16, 2022 @ 07:45 AM
Filed Under: Healthcare

White Oak Healthcare Finance acted as sole lender and administrative agent of a senior credit facility to recapitalize and extend growth capital to Youth Opportunity Investments (“YOI”), a provider of adolescent and psychiatric treatment services across four U.S. states.

Founded in 2009, and headquartered in Carmel, Indiana, YOI provides comprehensive residential treatment services to adolescents, addressing individuals who have experienced neglect, substance abuse, mental health and behavioral issues. The company leverages individualized treatment plans, evidence-based practices and interactive technology which have resulted in superior clinical outcomes in the industry.

“YOI is distinguished by their experienced management team, mission-oriented culture, and their proprietary clinical approach which empowers individuals,” said Ross Eldridge, Executive Vice President and Chief Originations Officer at White Oak. “We are excited to support the YOI management team’s continued geographic and service expansion in trauma care, psychiatric care and other behavioral services.”

“We are extremely excited about our financial partnership and strong relationship with White Oak,” said Ronald Hunter, CEO at YOI. “White Oak demonstrated a deep understanding of the challenges and opportunities within our sector and operated with transparency throughout the transaction process,” Mr. Hunter added.

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