Wednesday, January 20, 2010

US Healthworks Gains $175M

Valencia-based U.S. HealthWorks, an operator of occupational health care centers, said today that it has raised $175M in a combination of debt and equity. The firm said the funding will go towards its growth and acquisition strategy. The funding included $25M in equity from Altaris Capital Partners, Three Arch, and the firm's Chairman and CEO, Daniel D. Crowley, and $150M in debt from GE Capital, Healthcare Financial Services, and Silver Point Finance.