Ravinia Capital closed a $35 million debt transaction by CommonView Capital ("CommonView") and Sandton Capital Partners ("Sandton"), to provide Pain Specialists of America ("PSA"), a portfolio company of CommonView and a leading interventional pain management services provider based in Austin, Texas, with enhanced financial flexibility to support its ongoing growth initiatives and strategic objectives.

Ravinia served as the exclusive financial advisor to CommonView in this transaction. The transaction exemplifies Ravinia's expertise in advising healthcare services companies and highlights the firm's ability to structure and execute complex financial transactions in challenging market conditions.

Founded in 2017, PSA has established itself as a prominent player in the rapidly growing pain management market in Central Texas, operating three ambulatory surgical centers and 13 clinics. PSA is supported by a network of 10 pain management physicians and 12 advanced practice providers, offering a wide range of interventional pain management services. PSA has demonstrated resilience and adaptability in the constantly changing healthcare sector, achieving significant revenue growth since its inception. PSA's nationally recognized physicians and strategic focus on interventional pain management procedures, coupled with its comprehensive management services organization, positions PSA for continued growth and success in the future.

"Ravinia did a phenomenal job understanding the needs of PSA and Common View, and quickly identified Sandton as the right partner to help us achieve our goals. This was our first experience with Ravinia, but it certainly won't be our last" said Scott Budoff, Managing Partner at CommonView.

Robert Orr, Principal, Sandton Capital Partners, added, "Ravinia's get-it-done approach was key to the success of this transaction. As always, Tom and his team managed the process with the highest level of diligence and professionalism, which assisted us in completing this transaction on a rapid timetable. We look forward to partnering with CommonView and PSA as they embark upon their next phase of growth."

Tom Goldblatt, Managing Partner at Ravinia, added, "We are delighted to have advised CommonView on this important transaction. The consummation of this transaction is a testament to PSA's strong market position, experienced management team, and the attractive growth dynamics of the pain management sector. This transaction exemplifies Ravinia's expertise in advising healthcare services companies and highlights the firm's ability to structure and execute complex financial transactions in challenging market conditions."