facebook
Traded Co logo
Submit
Daily limit: 0/10

AbsoluteCare Raises $135 Million In Equity Financing Led By Kinderhook Industries And CVS Health Ventures

Property Image
SOLD

National

See Similar Deals
the dealplayerscompscontact
Property Image
SOLD

AbsoluteCare Raises $135 Million In Equity Financing Led By Kinderhook Industries And CVS Health Ventures

Contact now

Summary

Transaction Type:Sale

AbsoluteCare, a value-based integrated health care provider, has raised $135 million in equity financing to support its expansion and development efforts. The round involved participation from investors including Kinderhook Industries, CVS Health Ventures, Pacific Life, and Lexington Partners.

Summary of transaction details:

  • Deal Type: Equity Financing
  • Transaction Amount: $135,000,000
  • Company: AbsoluteCare
  • Key Executive: Mike Radu (CEO)
  • Headquarters: Columbia, MD
  • Notable Investors: Kinderhook Industries, CVS Health Ventures, Pacific Life, Lexington Partners
  • Operational Markets: 11 markets across Maryland, Illinois, Ohio, Louisiana, and Pennsylvania

AbsoluteCare focuses on delivering comprehensive care through urban-based care centers and community-based outreach, including hospital rounding and in-home visits. The company's strategic approach aims to enhance the quality of health care services in the regions it operates.

Players

LENDER

Details

SOLD
IMAGE: a Columbia, MD-based provider of value-based integrated health care, has raised $135 million in equity financing to support its expansion and development efforts. The round included participation from Kinderhook Industries, CVS Health Ventures, Pacific Life, and Lexington Partners. Led by CEO Mike Radu, AbsoluteCare delivers comprehensive care through urban-based care centers and community-based outreach, including hospital rounding and in-home visits. The company currently operates in 11 markets across Maryland, Illinois, Ohio, Louisiana, and Pennsylvania. INVESTORS: Kinderhook Industries, CVS Health Ventures, Pacific Life & Lexington Partners AMOUNT: $135,000,000 HQ:

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00