BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent, joint lead arranger, and joint bookrunner for $115.0 million in senior credit facilities to support the recapitalization of Bako Integrated Physician Services by Consonance Capital Partners in partnership with management.
Bako is a premier national provider of specialty laboratory testing services offering a comprehensive suite of anatomic pathology, proprietary molecular biology, and neurology tests. Bako is the market leader in the growing and underserved podiatry market with a unique service offering tailored to meet the needs of podiatrists. Bako’s turn-key pathology solutions and clinically driven reporting model enable best-in-class patient care while providing a strong cost and quality value proposition to the healthcare system.