Studer Group, a Gulf Breeze, FL-based healthcare performance improvement firm, received an equity investment of undisclosed amount from JMI Equity.
BMO Capital Markets, Madison Capital Funding and MidCap Financial acted as joint lead arrangers for the senior credit facility in support of the investment, with NewStar Financial participating.
D. E. Shaw Direct Capital Portfolios, a member of the D. E. Shaw group and THL Credit, Inc. (Nasdaq:TCRD) provided subordinated debt.
The company intends to use the proceeds to continue to expand its services.
Led by founder Quint Studer and CEO BG Porter, Studer Group Studer Group has provided more than 800 hospitals, health systems, medical practices, and end-of-life organizations with practice techniques, software solutions, educational institutes, and publications to achieve and sustain operational, clinical and financial results.
FinSMEs
05/10/2011