Access Integrated Healthcare (AIH), a Los Angeles, California-based provider of diagnostic imaging services to specialty sectors including workers’ compensation and personal injury, received a $50m senior secured credit facility.
Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, provided the debt financing.
The company intends to use the facility to expand the business.
Founded in 2009 and led by by Manel Sweetmore, CEO, and James Castro, executive vice president of Strategy and Corporate Development, AIH is one of the largest providers of diagnostic imaging services to the underserved out-of-network workers’ compensation market.
In addition to VPC’s credit facility, AIH had raised its first outside capital in April 2015, closing a $9.5m facility with Penta Mezzanine Fund.