– Impact Advisors closes a senior credit facility with healthcare specialty finance firm Oxford Finance LLC to help support the consulting firm’s next phase of growth.
– Impact Advisors will leverage Oxford along with its strategic partnership with Chicago Pacific Founders to further invest in key market areas.
Impact Advisors, a highly rated KLAS provider of clinical, revenue cycle and information technology advisory services to the healthcare industry closed a senior credit facility with Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide. Oxford Finance’s healthcare team leverages deep industry knowledge and decades of experience to deliver solutions to help our clients succeed, Oxford has originated over $6 billion in loans, with lines of credit ranging from $5 million to $150 million.
Strategic Partnership with Chicago Pacific Founders
Concurrently, Impact Advisors recently entered into a strategic partnership with Chicago Pacific Founders (“CPF”), an investment firm exclusively focused on healthcare services and caring for aging populations. Oxford is the sole lead arranger and administrative agent in this transaction. As partners of Impact Advisors, CPF will bring strategic partnerships, its deep healthcare industry relationships and capabilities, and capital resources to the business. Through this partnership, Impact Advisors is ideally positioned to leverage multiple growth avenues to capture the expanding healthcare services market and to become the leading full-service provider of a comprehensive, integrated solution set to meet its clients’ needs.
In addition to capital support, CPF will provide Impact Advisors the opportunity to leverage its healthcare expertise, win new clients and expand service offerings.
Impact Advisors Background
Impact Advisors, founded in 2007 and headquartered Naperville, Illinois offers IT advisory, process and optimization services, and implementation to hospitals, healthcare systems, payors and providers. The partnership with CPF positions the Company to leverage multiple growth avenues to capture the expanding healthcare services market and to become the leading a full-service provider of a comprehensive, integrated solution set to meet clients’ needs.
“We wanted to work with a healthcare-focused lending institution like Oxford who understands our industry and our commitment to making a positive impact for our clients,” said Pete Smith, CEO of Impact Advisors. “Oxford will be a valuable partner as we leverage our strategic partnership with CPF to invest and grow across key focus areas.”