Monroe Capital has acted as sole lead arranger and administrative agent on the funding of a unitranche facility to support the future growth of Priority Ambulance, by private equity sponsor Enhanced Equity Funds.
Based in Knoxville, Tennessee, Priority Ambulance provides emergency and nonemergency medical transport to the communities it serves in Tennessee, Alabama, New York, Arizona, Indiana, Georgia and South Carolina.
Throughout its national footprint, Priority Ambulance operates approximately 400 emergency and nonemergency vehicles staffed by more than 1,600 licensed paramedics and EMTs. Priority’s ambulances are equipped with the latest medical equipment and technology.
