New Day Healthcare – one of the fastest-growing home-based care organizations in the country – has picked up more fuel for its growth engine. The company announced that it has closed on a $125 million senior credit facility with First Citizens Bank. Backed by the private investment company Kaltroco, New Day has executed about a dozen deals since it was founded in 2020. Most recently, it acquired hospice assets from Intrepid USA. New Day’s mantra is “burn the ships.” The company wants to rethink the way home-based care is delivered in the U.S.
Read the full article: New Day Healthcare Secures $125M Credit Facility, Sets Stage for More M&A in 2025 //
Source: https://homehealthcarenews.com/2024/11/new-day-healthcare-secures-125-million-credit-facility-sets-stage-for-more-ma-in-2025/