October 10, 2017
Croft & Bender Serves as Financial Advisor to ML Healthcare on its Recapitalization by 777 Partners
has been recapitalized by
ML Healthcare provides cash flow solutions to medical providers offering treatment to patients unable to afford services.
ML Healthcare leverages its contracted network of healthcare providers, its ability to underwrite and fund the cost of the medical treatment for injured individuals unable to pay for care, and its proprietary technology platform to bridge a gap between attorneys, injured parties and physicians. With a focus on injuries typically resulting from no fault of their own, ML Healthcare’s medical funding enables individuals that are uninsured, or otherwise unable to afford high deductibles or co-pays associated with receiving medical care, to gain access to necessary medical services.
Croft & Bender was engaged to help the Company evaluate strategic alternatives, including an equity and/or debt recapitalization or a strategic sale of the business.
Croft & Bender successfully negotiated the recapitalization of the Company by 777 Partners.