White Oak Healthcare Finance has announced that it has acted as the sole lender and administrative agent of a credit facility to Youth Opportunity Investments, a Carmel, Indiana-based provider of adolescent and psychiatric treatment services, Behavioral Health Business reports.
The facility will be used to recapitalize and extend growth capital to YOI, which was founded in 2009 and operates 21 facilities across Florida, Michigan, Tennessee and Texas.
White Oak Healthcare Finance was established in 2016 to provide capital to a number of subsectors within the health care industry. The WOGA subsidiary targets investments in companies that have revenues between $40 million to $2 billion, and who have generated between $5 million to $75 million in EBITDA. Read more.
