Thurston Group (“Thurston”), a leading healthcare-focused private equity firm, is pleased to announce that its portfolio company, ARC Health (“ARC”), has closed on a $182 million credit facility. This financing was used to refinance existing indebtedness and fund the company’s growth initiatives to support its ongoing efforts to expand its practice network and enhance patient care. Vince Morra, CEO of ARC, expressed enthusiasm over the deal, stating “This new credit facility marks an exciting milestone in ARC’s growth journey. It provides us with the capital and flexibility to continue expanding our footprint, supporting our partner practices, and advancing access to high-quality behavioral health care nationwide.”
Read the full article: Thurston Group Portfolio Company, ARC Health, Secures $182M Credit Facility //
Source: https://www.prnewswire.com/news-releases/thurston-group-portfolio-company-arc-health-secures-182m-credit-facility-302611863.html