Greenbrook TMS Announces Closing of Success TMS Acquisition and US$75 Million Credit Facility With Madryn Asset Management
In addition, Greenbrook announces today that it and its subsidiaries have entered into a credit agreement for a US$75 million secured credit facility (the Credit Facility) with Madryn Asset Management, LP (Madryn) and its affiliated entities.
- In addition, Greenbrook announces today that it and its subsidiaries have entered into a credit agreement for a US$75 million secured credit facility (the Credit Facility) with Madryn Asset Management, LP (Madryn) and its affiliated entities.
- Key Acquisition and Credit Facility highlights:
The Company believes the Acquisition of Success TMS 47 TMS centers in the states of Florida, Pennsylvania, Illinois, New Jersey, Nevada and Wisconsin is highly complementary to Greenbrooks existing management regions. - The Credit Facility provides Greenbrook with a US$55 million term loan, which was funded on closing.
- Madryn Asset Management is a leading alternative asset management firm that invests in innovative healthcare companies specializing in unique and transformative products, technologies, and services.