AUSTIN,
Texas, June 24, 2024 /PRNewswire/ -- CommonView
Capital ("CommonView"), is pleased to announce the successful
completion of a $35 million debt
transaction in partnership with Sandton Capital Partners
("Sandton"), to support the continued growth of its portfolio
company, Pain Specialists of America ("PSA"). Scott Budoff and Tom
Perlmutter, the Managing Members of CommonView, commented
"This debt transaction will provide PSA with enhanced financial
flexibility to support its ongoing growth initiatives and strategic
objectives." Rob Orr, a Principal at
Sandton, added, "We are excited to partner with CommonView to
assist PSA in achieving their future financial goals and
objectives."
PSA is a leading interventional pain management services
provider based in Central Texas.
Founded in 2017, PSA has established itself as a prominent player
in the rapidly growing pain management market in Central Texas, operating three ambulatory
surgical centers and 13 clinics. PSA is supported by a network of
10 pain management physicians and 12 advanced practice providers,
offering a wide range of interventional pain management services.
PSA has demonstrated resilience and adaptability in the constantly
changing healthcare sector, achieving significant revenue growth
since its inception. PSA's nationally recognized physicians and
strategic focus on interventional pain management procedures,
coupled with its comprehensive management services organization,
positions PSA for continued growth and success in the future. For
more information, please visit www.psadocs.com.
About CommonView Capital
CommonView Capital, founded in 2015 by Scott Budoff and Tom
Perlmutter, each with over 35 years of private equity
experience, focuses on control investments in middle-market
companies in the healthcare services, food and beverage, industrial
services and business service sectors. CommonView Capital seeks to
build lasting partnerships with founders and management teams to
aggressively pursue market expansion and growth. CommonView Capital
is currently investing CommonView Capital Fund I, LP. For more
information, please visit www.commonviewcapital.com or contact
Scott Budoff, Managing Partner,
sbudoff@commonviewcapital.com, or Tom
Perlmutter, Managing Partner,
tperlmutter@commonviewcapital.com.
About Sandton Capital
Since its founding in 2009, Sandton has executed debt and equity
investments totaling almost $2Bn
across a diverse range of industries throughout North America and Europe. The firm is backed by leading
university endowments, pension funds and financial institutions
providing flexible, long-term capital. Sandton excels at partnering
with incumbent managers to develop creative solutions to complex
financing needs when speed and certainty of close are
essential. For more information, please visit
www.sandtoncapital.com or contact Robert Orr, Principal at
rorr@sandtoncapital.com.
The Professional Advisors on this Transaction were:
Ravinia Capital (representing CommonView
Capital): Tom Goldblatt, Managing
Partner; Eric Brook, Associate;
Nandhini Ganesan, Analyst
Greenberg Traurig, LLP (representing CommonView
Capital and Pain Specialists of America): Dave Peck, Shareholder; Nancy Peterman, Shareholder; Todd Bowen, Shareholder; Carl Bergland, Shareholder.
McguireWoods LLP (representing Sandton
Capital): Mark E. Freedlander,
Partner, Brian Coughlan, Partner,
and Andrew Seward, Associate.
For media inquiries, please contact: Scott Budoff at sbudoff@commonviewcapital.com or
Tom Perlmutter
at tperlmutter@commonviewcapital.com.
About Ravinia Capital:
Ravinia Capital LLC is a middle-market investment bank
headquartered in Chicago, IL. We
are a trusted advocate for companies who are looking to source
capital to invest in future growth; buy more time in tough
situations; or facilitate succession, ownership transition, or exit
strategies.
Ravinia specializes in merger & acquisition advisory
services, capital raises (including debt refinancing), and helping
clients develop & execute strategic action plans. We have
distinguished ourselves through earning a reputation for
successfully working with clients to understand their unique
circumstances and make the most of the range of possible options
available to them.
Interested parties are encouraged to contact:
tgoldblatt@raviniacapitalllc.com regarding our investment
banking services or other general business inquiries.
Ravinia Capital LLC
Boutique Investment Bank for the Middle Market
What We Do:
- Sales of Companies (Healthy & Distressed)
- Debt Refinances
- Capital Raises
- Assessments, Option Analyses, and Action Plans
Visit Our Website: https://www.raviniacapitalllc.com/
Ravinia Capital, LLC | 125 South Wacker Dr, Suite 300,
Chicago, IL 60606
Unsubscribe tgoldblatt@raviniacapitalllc.com
Danielle Daneshjou
VP of Marketing
ddaneshjou@psadocs.com
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SOURCE Pain Specialists of America