White Oak Healthcare Finance acted as sole lead arranger and administrative agent on a DW Healthcare Partners’ $60 million senior credit facility to finance the latter’s acquisition of SoClean.

SoClean is the only provider of fully automated cleaning devices for Continuous Positive Airway Pressure (CPAP) machines, sanitizing the CPAP mask, hose and reservoir without the need for disassembly, water or chemicals. CPAPs are used to improve health outcomes for those suffering from obstructive sleep apnea and other sleep disorders.

“SoClean has developed a patented and proprietary device that is the only fully automated cleaning device on the market,” said White Oak’s Managing Director and Partner, Isaac Soleimani. “SoClean provides an effective solution to an otherwise burdensome, but necessary, cleaning process for CPAP equipment.”

DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry, managing over $800 million in committed capital and invests in healthcare companies.

White Oak Healthcare Finance, an affiliate of White Oak Global Advisors, is a lender to all subsectors within the healthcare industry.