has received an Equity Line-of-Credit from
THI is a consolidator of skilled nursing facilities and other post-acute health care businesses.
Trans Healthcare is focused on the development and operation of a continuum of specialty hospitals, skilled nursing facilities and outpatient post-acute network services that combine cost-savings with appropriate care.
The former management team of Continental Medical Systems, which was acquired by Horizon Healthcare, believed there was an opportunity to create value by building regional post-acute networks across the country, leveraging critical mass with payers and other providers. Croft & Bender was hired to draft the offering memorandum, market the Company to interested parties and to analyze, structure and negotiate a transaction that would raise the necessary capital.
Croft & Bender successfully raised an Equity Line-of-Credit from GTCR Golder Rauner, allowing the Company to be a national consolidator.