Brentwood, Tennessee-based Promises Behavioral Health recapitalized its balance sheet to set the company up for additional growth, Behavioral Health Business reports.
The company announced it completed a full recapitalization with New York City-based Assured Healthcare Partners, a health care-focused investment management firm.
Assured Healthcare Partners, the controlling shareholder of Promises Behavioral Health, converted the debt it held in Promises into equity. Read more.
