GE Capital Closes Credit Facility for PE-backed Evolution1

GE Capital Healthcare Financial Services has closed $115 million in credit facilities for Evolution1, a company backed by private equity firm Genstar Capital. The financing was used to recapitalize Genstar’s acquisition of Evolution Benefits and support the company’s acquisition of Lighthouse1. GE Capital Markets served as sole lead arranger and joint bookrunner, the company announced.

DealsNorth AmericaUSBriefs