White Oak Healthcare Finance closed an incremental financing for SoClean, a portfolio company of DW Healthcare Partners. SoClean is a provider of fully automated cleaning devices for continuous positive airway pressure machines (CPAPs). CPAPs are used to improve health outcomes for those suffering from sleep apnea and other sleep disorders.
“SoClean’s products have changed the industry,” said Ross Eldridge, White Oak managing director. “The company has been focused on scaling their operations and building a strong team for expansion. SoClean’s execution has been impressive and we are excited to continue supporting their growth.”
SoClean cleaning devices sanitize the CPAP mask, hose and reservoir without the need for disassembly, water or chemicals. Improperly cleaned CPAP equipment is filled with harmful bacteria and germs that can make people sick. Unlike traditional soap and water methods and cleaning wipes, SoClean’s natural approach to CPAP sanitizing kills 99.9% of bacteria, which leads to a healthier breathing experience.
White Oak also financed DW’s acquisition of SoClean in 2017.
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