Intermedix Corporation ("Intermedix"), a leading provider of revenue cycle management and software solutions to the emergency healthcare industry, today announced the completion of its previously announced acquisition by Thomas H. Lee Partners, L.P. ("THL") from Parthenon Capital Partners ("Parthenon") and its minority shareholders including Glenview Capital Management.
Goldman, Sachs & Co. acted as financial advisor and Kirkland & Ellis LLP acted as legal advisor to Intermedix. Citigroup Global Markets Inc. ("Citi") and Wells Fargo Securities, LLC ("Wells Fargo") acted as financial advisors and Weil, Gotshal & Manges LLP acted as legal advisor to THL in connection with the transaction. Citi, Wells Fargo, GE Capital Markets, Inc. and Ares Capital Corporation ("Ares") arranged the senior credit facilities component of the financing for the transaction, with the term loan thereunder funded entirely by the Senior Secured Loan Fund LLC, a joint venture between GE Capital Corporation and Ares. TCW/Crescent Mezzanine Management V, LLC and Audax Mezzanine Fund II, L.P. (together with certain of their respective affiliates) provided the mezzanine component of the financing.