Cimarron Healthcare Capital Welcomes Jason VandenAkker as New Managing Partner
Cimarron Healthcare Capital, a Salt Lake City based private equity firm focused on healthcare services at the lower end of the middle-market, announced today that Jason VandenAkker has joined the team as Managing Partner.
Cimarron Healthcare Capital Announces Acquisition of Ascent Behavioral Health
Cimarron Healthcare Capital ("CHC"), a private equity firm focused on making investments into healthcare companies in the lower middle-market, today announced that it has completed the acquisition of Ascent Behavioral Health ("Ascent" or "the Company") together in partnership with Company's management team, Monroe Capital ("Monroe") and Veronis Suhler Stevenson ("VSS"). Ascent provides wilderness therapy, residential treatment and therapeutic boarding school programs for adolescents with mental health issues such as depression, anxiety and attachment disorder. Financial terms of the private transaction were not disclosed.
Cimarron Healthcare Capital Acquires Infusion Management
Infusion Management announced the completion of a majority recapitalization and growth equity capital raise with Cimarron Healthcare Capital (CHC). Infusion Management is the exclusive management services organization ("MSO") affiliated with Infusion for Health, the premier clinical provider of infusion therapy treatment for patients with multiple sclerosis, rheumatoid arthritis, and other autoimmune and immunodeficiency disorders in the greater Los Angeles area. CHC is a Salt Lake City-based private equity firm focused on healthcare investments in the lower middle market. Financial terms of the transaction were not disclosed.