Alterna Capital Solutions announced a $60 million transaction providing growth capital to a Florida-based healthcare staffing resource company. The deal is the largest transaction to date in the 3-year-old firm’s history and, combined with additional first quarter transactions totaling $101 million, helped the firm more than double the value of its June 1, 2020 portfolio.
“Our team is witnessing a high-speed collision between the increase in marketplace optimism and the inaccessibility of working capital for small businesses,” said Stan Carpenter, founder and President of Alterna Capital Solutions. “This magnified friction is the business environment we’ve seen coming, and we’ve prepared our business on every level to move at the speed required and collaborate case-by-case to meet an individual client’s objectives.”
With the naming of industry veteran, Roger Allen, as chief operating officer in March, the firm’s leadership team now brings over 100 collective years of alternative lending and specialty financing experience to their client relationships. Alterna Capital Solutions is committed to elevating small-business success into greatness through innovative and comprehensive small-business financing solutions delivered with the insight and strategy of a long-term financing partner.