CIT Group announced that its Healthcare Finance business served as sole lead arranger on a $39 million loan for the acquisition of the North Hills Health Center in Menominee Falls, Wisconsin.IRA Capital acquired the medical campus, consisting of two...
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October 29, 2020, 08:27 AM
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CIT Group announced that its Healthcare Finance unit served as joint lead arranger and administrative agent on the first-lien credit facility for the acquisition of KabaFusion, a leading provider of acute and specialty home infusion services, by...
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February 19, 2019, 10:09 AM
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CIT Group Inc. announced that its Healthcare Finance business has closed a $136.9 million senior secured credit facility for CommuniCare Health Services Inc., a privately held company headquartered in Cincinnati, Ohio. The credit facility is...
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January 23, 2018, 07:34 AM
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CIT Healthcare Finance served as lead arranger and administrative agent for a $242 million senior secured credit facility to Jordan Health Services, one of the largest providers of home healthcare and hospice services in Texas and Oklahoma, with a...
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September 16, 2016, 08:03 AM
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Opus Bank announced Sharmila Solanki has joined Opus as Managing Director, Healthcare Banking. Solanki, a 26-year banking veteran, is responsible for providing senior debt financing and banking solutions to hospitals, skilled nursing facilities...
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September 13, 2016, 02:06 PM
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CIT Group Inc. announced that CIT Healthcare Finance served as Co-Lead Arranger for a $138.5 million senior secured credit facility to Continuum Healthcare, which, through its affiliate companies, owns and operates skilled nursing facilities (SNFs)...
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September 08, 2016, 07:28 AM
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CIT Group Inc. announced that CIT Healthcare Finance served as joint lead arranger and syndication agent for a $65 million senior secured credit facility to Blue Wolf Capital Partners, a private equity firm that specializes in responsibly...
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May 20, 2016, 07:44 AM
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The outlook for the healthcare industry remains challenging thanks in part to uncertainty over the upcoming presidential election and the continued changes ushered in by the Affordable Care Act (ACA). However, despite the uncertainty and rapid...
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May 19, 2016, 07:19 AM
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Healthcare executives maintain a relatively positive outlook for 2016, with 71% indicating that they expect their revenues to increase this year and more than half (55%) expecting to seek financing in the next 12 months. These are some of the...
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April 26, 2016, 08:07 AM
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CIT Group announced that CIT Healthcare Finance served as lead arranger for a $190 million senior secured credit facility to help finance the combination of Vertical/Trigen Holdings, LLC (Vertical/Trigen) with Osmotica Holdings Corp Limited...
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February 12, 2016, 07:28 AM
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CIT Healthcare Finance served as joint lead arranger, joint bookrunner and administrative agent for a $118 million senior secured credit facility for Wellspring Capital Management, LLC, a leading middle-market private equity firm. The financing...
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December 22, 2015, 07:29 AM
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CIT Group announced that CIT Healthcare Finance served as Sole Lead Arranger, Sole Bookrunner and Administrative Agent in a $47 million incremental senior secured credit facility to support Epic Health Services’ acquisition of Option1. Epic is a...
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October 07, 2015, 07:50 AM
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CIT Healthcare Finance served as sole lead arranger and administrative agent in a $26.5 million senior secured credit facility to support the recapitalization of PharmaLogic and the acquisition of Clinical Pharmacy Services (CPS) by Webster Capital....
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September 16, 2015, 08:03 AM
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CIT Healthcare Finance served as joint lead srranger in a $135 million senior secured credit facility to support Arlington Capital Partners’ acquisition of Avalign Technologies. Arlington Capital is a Washington, D.C.-based private equity firm....
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August 18, 2015, 07:55 AM
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CIT Corporate Finance, Healthcare provided a $29.5 million senior secured credit facility to Real Properties Health Facilities Corp. (RPHF), that will be used to consolidate existing real estate debt and for working capital purposes. RPHF operates 12...
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June 04, 2015, 07:24 AM
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Citizens Commercial Banking, the commercial banking division of Citizens Financial Group, today announced that it has expanded its healthcare finance team with the addition of Ross Eldridge and Tom Case.Based in Atlanta, the two new hires will focus...
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October 10, 2014, 08:01 AM
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Even in the midst of significant changes, in large part due to the Affordable Care Act, private equity firms continue to seek out deals in the healthcare sector. Due to consistent demand, an aging population and constant innovation that continue to...
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August 06, 2014, 06:50 AM
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CIT Group Inc. announced that it served as Joint Lead Arranger in an $80 million senior secured credit facility for Interactive Health, a leading provider of outcomes-based wellness and health management solutions for self-insured employers. The...
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June 05, 2014, 07:11 AM
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Gemino Healthcare Finance, a specialty finance company offering senior loans to healthcare service providers, announces the promotion of three key employees to vice presidents of the company.Gil Brindley has been promoted to Vice President of...
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June 03, 2014, 07:34 AM
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CIT Group announced that CIT Corporate Finance, Healthcare served as Sole Lead Arranger in a $50 million senior secured credit facility for QMES, a distributor of durable medical equipment to patients in nine states. QMES is a portfolio company of...
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April 08, 2014, 07:19 AM
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CIT Group Inc. has appointed William Douglass Group Head and Managing Director of CIT Corporate Finance, Healthcare, effective immediately. He previously served as Underwriting Manager for the Group where he was responsible for overseeing the...
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March 25, 2014, 07:46 AM
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CIT Corporate Finance served as sole lead arranger in a $110 million senior secured facility for Epic Health Services, a leading provider of pediatric home health and therapy services as well as adult in-home services. Epic Health Services is a...
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November 20, 2013, 07:52 AM
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CIT Group Inc. announced that it arranged and syndicated a $105 million senior secured credit facility for Nashville-based Hospice Compassus, the nation’s largest private independent provider of hospice services across 14 states. Proceeds of the...
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February 13, 2013, 08:32 AM
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CIT Group Inc. announced that CIT Healthcare served as sole lead arranger in a $15.5 million senior secured credit facility to DeVilbiss Healthcare, a medical device company and a portfolio company of Vestar Capital Partners, a leading private equity...
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December 17, 2012, 07:56 AM
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CIT Group announced the sale of Amerita, Inc., a provider of home and specialty infusion services, to PharMerica Corporation, an institutional pharmacy services provider. The deal was led by Wesley Smith, Chris Schaefer and Robyn Friedman from CIT...
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December 14, 2012, 07:12 AM
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The Commercial Finance Association is pleased to announce its officers and Executive Committee for 2012-2013. Cole Taylor Bsuiness Capital's Bruce A. Sprenger is serving as Chairman of the Board. Michael D. Haddad from NewStar Business Credit is...
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November 09, 2012, 08:44 AM
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