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.
While winter in the Northeastern United States was milder this year than in 2018, it still brought with it the requisite cold, gray skies, and snow. Spring’s arrival may have been just as mild, but at least served as an... read more
When it comes right down to it, the vendor finance segment of the equipment leasing and finance business has become stale, boring and bereft of innovative products and services. Six years ago I wrote an article predicting the future of... read more