Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support InTandem Capital Partners in their acquisition of OrthoNebraska.

Formed in 2017 through the combination of two of Omaha’s top orthopedic practices, OrthoNebraska has clinics extending from Norfolk, Nebraska, throughout the Omaha and Council Bluffs metro, down to Shenandoah, Iowa and Fairfax, Missouri. The Company offers a comprehensive suite of services, including non-operative pain management, physical therapy, hand therapy, orthopedic urgent care, emergency services, imaging, and surgical services.

“OrthoNebraska has established itself as a leading provider of orthopedic care within the Nebraska market. The Company’s subspecialty focus and strong track record of providing quality care to patients position the business for continued success under InTandem’s ownership,” said Shehzad Ajmal, Managing Director at Audax Private Debt. “We are confident that the InTandem team will bring the right resources and expertise to help OrthoNebraska reach its next phase of growth.”

“Audax Private Debt’s collaborative approach and responsiveness throughout the financing process led us to the ideal financing solution needed to support our acquisition of the OrthoNebraska platform,” said Evan Brower, Principal at InTandem Capital Partners. “We are excited to continue our partnership and look forward to leveraging the Audax team’s expertise to execute on our strategic growth plans.”

audaxgroup.com