IPG Receives $15M Mezzanine Debt Financing from Silicon Valley Bank

IPG_LOGO-highresIPG, an Atlanta, GA-based provider of device benefit management solutions, received $15m mezzanine debt financing from Silicon Valley Bank (SVB).

The new facility will enable the replacement of an existing $10m facility on more favorable terms.

The company intends to use the proceeds to expand and scale their portfolio of solutions.

Led by Vince Coppola, President and Chief Executive Officer, IPG provides surgical and implantable device management solutions that allow health plans to manage cost and risk driving collaboration between them, their healthcare providers, manufacturers and physicians. Additionally, the company provides an analytics platform for implantable procedures to deliver transparency to the entire health care transaction process and all sites of care.



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