Penfund invests $37 mln in J.H. Whitney's PSA Healthcare
Penfund has made a US$37 million second lien debt and equity investment in Pediatric Services Holding Corp, the parent company of Pediatric Services of America Inc, also known as PSA Healthcare. PSA Healthcare, which is based in Atlanta, Georgia, is primarily focused on providing home nursing services to medically fragile children in the United States. The company was earlier this month acquired by U.S. private equity firm J.H. Whitney Capital Partners for an undisclosed amount. Headquartered in Toronto, Penfund provides junior capital to middle market companies across North America.
25 March 2015•3 mins read
