NXT Capital acted as the joint lead arranger, joint bookrunner and administrative agent on the transaction.
Vancouver, WA-based Ontario Systems is a provider of enterprise software designed to improve operations and revenue recovery for clients in the healthcare industry and the accounts receivable management (ARM) market as well as federal, state, and local governments.
Headquartered in Muncie, IN, Ontario Systems serves more than 600 hospital network customers—including five of the 15 largest hospital networks—that actively manage over $40 billion in receivables collectively, as well as eight of the 10 largest ARM companies and more than 600 federal, state, and municipal government clients in the U.S.
New Mountain Capital is a New York-based investment firm managing private equity, public equity, and credit funds with more than $20 billion in assets under management.
Have good economic times led to an over production of equipment with negative value implications? If the economy declines, will residual values follow? Is there a growing residual value risk? This article will present several examples of residual value risk... read more
Chapter 11 of the Bankruptcy Code remains the go-to for businesses (and certain individuals) seeking to reorganize while retaining control of their assets and operations as “debtors-in-possession.” But consistently low percentages of Chapter 11 cases result in successful reorganization. Critics... read more