Homecare Homebase Secures $75M Facility, Pays Dividend
October 26, 2012
Homecare Homebase, a portfolio company of Cressey & Company and SV Life Sciences, has received a $75 million senior secured credit facility from CIT Group. The proceeds of the facility will be used to refinance debt and fund a dividend payment to shareholders. Homecare Homebase provides home health and hospice agency software and underwent a growth recapitalization led jointly by Cressey & Company and SV Life Sciences early last year.