Suncrest Secures $32.5M of Debt Financing
June 25, 2010- Share:
Suncrest Healthcare has received $32.5 million of debt financing from Bank of America, First Tennessee Bank and CapStar Bank to support a recapitalization of the company's debt. Harpeth Capital advised Suncrest on the transaction. The company has been backed by Prudent Capital and Fulcrum Ventures since April 2008 when the firms provided the company with a $16.35 million growth investment.
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