Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, has provided a USD50 million senior secured credit facility to Access Integrated Healthcare (AIH), a provider of diagnostic imaging services to specialty sectors including workers’ compensation and personal injury.
The facility will finance the expansion of AIH’s business.
AIH is led by Manel Sweetmore, CEO, and James Castro, executive vice president of Strategy and Corporate Development, and has grown to become one of the largest providers of diagnostic imaging services to the underserved out-of-network workers’ compensation market. In addition to VPC’s credit facility, AIH raised its first outside capital in April 2015, closing a USD9.5 million facility with Penta Mezzanine Fund.
“A value-added partnership with an asset management firm of VPC’s caliber further validates our business strategy,” says Sweetmore. “We look forward to partnering with VPC’s experienced investment team to help support the continued expansion of our business and position the company for accelerated growth.”
