Wells Fargo Capital Finance announced that it acted as administrative agent on four deals totaling $140 million for healthcare companies including Tender Touch Rehab Services, Life Centers of America, Inc., Cornerstone Health Care, P.A. and Liberty Medical Holdings, LLC.
“All companies are recognized leaders in their respective sectors. The healthcare industry is in a dynamic state, so we strive to align ourselves with market leading management teams and provide them with the flexibility and resources to succeed,” said Michael Janda, a 25-year-healthcare finance veteran and managing director of Healthcare Finance at Wells Fargo Capital Finance. “The healthcare industry is not only an important economic driver in the U.S., but also instrumental to caring for our population. We are proud to play a role in helping companies succeed in this mission.”
Wells Fargo Capital Finance is the trade name for certain asset-based lending services, senior secured lending services, accounts receivable and purchase order finance services, and channel finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior secured financing, accounts receivable financing, purchase order financing and channel finance to companies across the United States and internationally.