Avadim Health, Inc., an Asheville, North Carolina-based life sciences company, raised $60m in financing.
Hayfin Capital Management provided the financing, which is comprised by:
– $40m debt financing, and
– a facility of up to $20m.
The company intends to use the funds to continue to support growth.
Led by Steve Woody, Chairman and CEO, Avadim Health is a Bionome Therapies™ life sciences company advancing a pipeline across a broad range of health and wellness areas.
Aagard Partners & Co. served as the company’s financial advisor on the transaction.