Antares announced that it served as lead left arranger and is acting as administrative agent on a senior secured credit facility to support Parthenon Capital’s growth recapitalization of RxSense.
Founded in 2015 in Boston, MA, RxSense is a high-growth healthcare technology company that utilizes its proprietary technology platform to provide innovative prescription savings solutions to consumers and pharmacy benefits administration and analytics to enterprise customers.
"The Antares team did an exceptional job throughout this transaction from underwriting through closing,” said Bill Winterer, partner at Parthenon Capital, Head of Capital Markets and Investment Committee member. “Their healthcare and technology sector experience and professionalism combined with timely feedback and a flexible hold size allowed us to close successfully during highly fluid market conditions.”
“We were pleased to support Parthenon’s investment in RxSense, a market leader with a strong management team and significant growth potential,” said Justin Small, senior vice president with Antares. “Their research driven approach and deep sector knowledge will be a benefit to RxSense as they continue to execute on their growth strategies.”