Monroe Capital LLC today announced it acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support TEAM Services Group’s (“TEAM”) partnership with AmeriBest Home Care, Inc. (“AmeriBest”). TEAM is an existing portfolio company of Alpine Investors.
Based in Philadelphia, Pennsylvania, AmeriBest is a market-leading home care agency that provides home and community- based services to the Philadelphia region. Both AmeriBest and TEAM Public Choices, a division of TEAM, are committed to providing high-quality patient and caregiver services to seniors and people with disabilities in the comfort of their own homes and focus on providing care that empowers individuals and families to work with whom they want. AmeriBest will continue to operate under its current brand name within the TEAM Public Choices.