ATLANTA, GA (AUGUST 1, 2010) Konsortium Capital Partners announced today that it has successfully completed the placement and closing of an $9.0 Million senior credit facility for K&S Consulting ASC (the “Company”) located in Houston, TX. The new credit facility consisting of a $4 Million revolver and $5 Million term loan, was used to facilitate the merger of Renaissance Surgical Center into Humble Surgical Hospital and provides additional working capital to the merged companies. Sean Boyd, Managing Director of Konsortium Capital Partners said, “The financing will allow Humble Surgical Hospital to continue its growth and fulfill the medical needs of the community in Humble, TX.
About Humble Surgical Hospital
Humble Surgical Hospital (HSH) is a multi-specialty, physician-owned, surgical hospital located in Humble, Texas that caters to the needs of the community in North Houston, from Humble and Kingwood to the Woodlands, Tomball and beyond. HSH offers a variety of surgical services including ENT, orthopedics, ophthalmology, podiatry, plastics, pain management, chiropractics, spine, gastroenterology and much more. For more information on Humble Surgical Hospital, please visit www.humblesurgical.com.
About Konsortium Capital Partners
Konsortium Capital Partners is a boutique corporate finance and advisory firm that structures and arranges debt & equity solutions for lower middle-market companies. With offices in Atlanta and New York, Konsortium’s clients typically have revenues less than $200 million, financing needs ranging from $5-$50 million and have capital needs that are for the purposes of growth, leveraged acquisitions/buyouts, refinancing, recapitalization and special situations. For more information on how Konsortium Capital Partners can help your company achieve its financing needs, please visit www.konsortiumcapital.com or contact Sean C. Boyd, Managing Director at 404.924.7102.
