NEW YORK–(BUSINESS WIRE)–White Oak Healthcare Finance, LLC (“White Oak”) today announced it acted as sole lender and administrative agent on the funding of a senior credit facility to finance growth for National Partners in Healthcare, LLC (“NPH”).
“NPH is a market leading anesthesia business with an impressive track record of growth,” said Ross Eldridge, White Oak’s EVP and Chief Originations Officer. “We are excited to partner with a company that provides such a high level of care and focus on the patient experience.”
NPH provides anesthesiology services throughout the United States. The Company partners with physicians and hospital systems by providing best in class physician management services, allowing NPH’s partner anesthesiologists and CRNAs to focus on providing optimal care for patients.
“We were impressed with White Oak’s knowledge of anesthesiology and their track record of executing transactions in the healthcare space,” said Mike Saunders, Chief Executive Officer at NPH. “They creatively structured a facility that was flexible to support our rapid growth.”
About National Partners in Healthcare, LLC
NPH is a national healthcare organization delivering best in class anesthesiology services. NPH is dedicated to partnering with high quality anesthesiologists and CRNAs providing the expertise, resources, and long-term sustainable solutions to their medical practices. NPH’s anesthesiology partners retain autonomy of their practice while collaborating with each NPH clinical team to achieve and deliver the highest quality patient care. For more information, www.nphllc.com.
About White Oak Healthcare Finance
White Oak Healthcare Finance, LLC (“WOHCF”), an affiliate of White Oak Global Advisors, LLC is a lender to all subsectors within the healthcare industry including healthcare services, pharma and life sciences, medical devices, healthcare technology, healthcare real estate, hospitals and SNFs. WOHCF has deep domain expertise with a sole focus on healthcare which enables it to provide flexible and creative solutions with certainty of execution. WOHCF offers a differentiated product set including cash flow term loans, asset based loans and ABL Stretch facilities, unitranche facilities, last out financings, real estate financings, equipment financings and opportunistic investments. As a lender with large pools of capital to deploy, WOHCF generally holds its full loan positions to maturity.
About White Oak Global Advisors
White Oak Global Advisors, LLC is a leading global alternative asset manager specializing in originating and providing financing solutions to facilitate the growth, refinancing and recapitalization of small and medium enterprises. Since its inception in 2007, White Oak Global Advisors’ disciplined investment process focuses on delivering risk-adjusted investment returns and establishing long term partnerships with our borrowers. More information can be found at www.whiteoaksf.com.