Brentwood Capital Advisors LLC recently acted as the exclusive financial advisor to Anderson Regional Medical Center (“Anderson” or the “Company”) and assisted the Company in obtaining $25,000,000 in debt financing provided by Healthcare Finance Group, LLC (“HFG”). Proceeds were used to refinance existing indebtedness and for general corporate purposes.
Established in 1928, Anderson is a leading not for profit regional medical center based in Meridian, MS. Anderson’s Chief Executive Officer, Mr. Ray Humphreys, remarked, “This financing from HFG will enable Anderson to continue to serve the Eastern Mississippi/Western Alabama region as its largest healthcare provider. We were pleased to work with Brentwood Capital who positioned Anderson with lenders and structured a competitive process that resulted in the right partner in Healthcare Finance Group.”
“We were impressed with the management team, the dedication of staff and Anderson’s tradition of service to the community,” commented Chris Smith of HFG. “We are delighted to partner with such an excellent organization.”
“Anderson has an impressive reputation in the region and we were thrilled to serve as their exclusive financial advisor,” stated L.A. Galyon of Brentwood Capital Advisors LLC. “With this financing, Anderson is well-positioned to continue to fulfill its mission in Meridian and the surrounding counties.”
About Brentwood Capital Advisors LLC
Brentwood Capital Advisors LLC, founded in 1999, is a privately held investment bank headquartered in Nashville, Tennessee, providing mergers & acquisitions and capital-raising advisory services to middle-market companies in the healthcare, information technology, financial services and business services sectors. BCA has served as exclusive financial advisor in over 50 successfully closed transactions in these sectors. For more information, visit www.brentwoodcapital.com.
About Anderson Regional Medical Center
Anderson Regional Medical Center, established in 1928, has 400 licensed beds in its two hospitals based in Meridian, MS. The Company’s services include the area’s first Cardiovascular Surgical Programs, Regional Cancer Center including Radiation Oncology, Hospital Medicine, Tom C. Maynor Rehabilitation Center, Pain Management Center, Wound Healing Center, Level III Trauma ER, Major Multi-Specialty Groups, State of the art ICU/CCU, Obstetrics LDR Programs and Level II NICU. For more information, visit www.jarmc.org.
About Healthcare Finance Group, LLC
HFG is a specialty lender dedicated exclusively to providing secured debt financing to healthcare companies. HFG strives to custom-tailor its products to meet the specific needs of its clients. HFG is headquartered in New York City and has new business offices in California, North Carolina, New Jersey and Connecticut. For more information, visit www.hfgusa.com.