HPS Investment Partners has led private credit financing worth roughly $700m for US-based home healthcare provider Elara Caring, according to a report by Bloomberg citing a person familiar with the matter, with Sixth Street also participating.
The debt package accompanies a strategic equity investment from the private equity arm of Ares Management alongside healthcare company DaVita, aimed at supporting Elara’s growth plans.
Bloomberg reported that DaVita’s chief strategy officer, Steve Phillips...
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