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Audax Private Debt and Adams Street Partners Provide Financing to Support Freeman Spogli’s Acquisition of US Med-Equip

Dec 11, 2020almost 5 years ago
New York

Description

Audax Private Debt and Adams Street Partners, as Joint Lead Arrangers, provided a unitranche credit facility to support Freeman Spogli’s acquisition of US Med-Equip (“USME” or the “Company”), a value-added distributor and rental provider of movable medical equipment. Varagon Capital Partners and Madison Capital Funding, as joint syndication agents, and Willow Tree Credit Partners also supported the financing. Audax Private Debt also served as Administrative and Collateral Agent.

Company Information

Company

Us Med Equip

Location

New York, New York, United States

About

Founded in 2003 and headquartered in Houston, Texas, US Med-Equip is a leading value-added distributor and rental and related services provider of mission-critical movable medical equipment used in hospitals. The Company provides equipment rentals across four product categories – respiratory, infusion, monitoring and central supply / NICU. For more information, please visit www.usme.com.