FH MD Buyer, Inc. (MedData)

Overview

Deal Type Debt Capital Markets
Size $260 Million
Senior Secured Credit Facilities
Client & Transactional Partners FH MD Buyer, Inc. (MedData)
Frazier Healthcare Partners
The Edgewater Funds
Our Role Sole Lead Arranger
Sole Bookrunner
Administrative Agent

Summary

On July 22, 2021, KeyBanc Capital Markets (“KBCM") successfully closed the syndication of $260 Million of Senior Secured Credit Facilities for FH MD Buyer, Inc. (“MedData” or the “Company”). The $30 Million Revolving Credit Facility (the “Revolver”) and $230 Million Senior Secured Term Loan (the “Term Loan”), will be used to support the Company’s acquisition of DECO Recovery Management, LLC, refinancing of existing indebtedness and transaction related fees and expenses. KBCM was chosen to serve as Sole Lead Arranger, Sole Bookrunner & Administrative Agent on this transaction due to Cain Brothers’ strong industry knowledge in Revenue Cycle Management and the strength of our Leveraged Finance platform.

MedData is a leading provider of RCM services for hospitals, health systems and healthcare providers. MedData’s market leading proprietary technology platform offers a unified suite of solutions designed to engage patients, empower physicians and hospitals, and improve financial outcomes throughout the entire healthcare continuum. The Company currently serves more than 10,000 physicians across a network of 3,000+ facilities nationwide with more than 20 regional offices across the United States.

Founded in 1991, Frazier Healthcare Partners is a leading provider of growth capital dedicated to the healthcare Industry.

The Edgewater Funds is a Chicago-based private equity firm. Edgewater provides capital and experience to outstanding growth companies.

Cain Brothers

Recent Deals

April 2025

regional medical center

a subsidiary of

hca

acquired by

santa clara

Financial Advisor

santa-clara-acquired-rmc
April 2025

ussolarfund

a renewable energy fund invested in a portfolio of utility-scale solar power plants in the US, managed by

$165.5 Million

Senior Secured Credit Facilities

Coordinating Lead Arranger
Administrative Agent
Collateral Agent
Issuing Bank

us-solar-fund
April 2025

smartstop self storage reit

$931.5 Million

Initial Public Offering

Active Bookrunner

smartstop-self-storage-reit
April 2025

North Mathews & Brynhurst

$50.2 Million

Construction Loan, LIHTC Equity, & Permanent Loan

north-mathews-brynhurst

Connect With Us

Find an Expert