HOME
INVESTMENT FOCUS
CAPABILITIES
TEAM
NEWS
CONTACT US
PORTFOLIO
INVESTOR LOGIN
SEARCH

Maranon Capital, Co-Documentation Agent in a $150MM Financing to Support the Recapitalization of HealthPort, Inc.

Maranon Capital, L.P. ("Maranon") is pleased to announce that it funded $20 million as a co-documentation agent on a $150 million credit facility to support the recapitalization of HealthPort, Inc. ("HealthPort"), a provider of advanced technology solutions for the health care industry, by ABRY Partners. The recapitalization supports the company’s recent acquisition of its closest competitor, ChartOne.

"We are excited to support ABRY Partners, a highly experienced and successful private equity firm," said Tom Gregory, Managing Director of Maranon Capital. "We look forward to establishing a long-standing relationship."

Ms. Hilary Grove, Principal of ABRY Partners, said, "In this challenging credit market, we were impressed with Maranon’s leadership contribution to a process that led to a timely close."

"HealthPort is well-positioned for continued growth within the industry as a result of a strong management team and a robust technology platform," added Greg Long, Managing Director of Maranon Capital.

HealthPort, a portfolio company of ABRY Partners, has over 30 years of proven technology and experience in the health information management, physician practice, and community health industries. Following the ChartOne acquisition, HealthPort will serve over 2,000 hospitals and 6,700 physician clinics nationwide.

About Maranon Capital

Maranon Capital, L.P. provides senior and mezzanine debt as well as equity co-investments, primarily for companies in the lower middle market. For more information about Maranon Capital, please visit www.maranoncapital.com.

About HealthPort, Inc.

HealthPort combines technology and strategic solutions to continually improve fragmented business processes for the healthcare community. The company offers revenue cycle management, electronic document management, document conversion and storage services, practice management, release-of-information, and healthcare consulting services. For more information, visit www.healthport.com.

About ABRY Partners

Based in Boston, Massachusetts, ABRY Partners enjoys a position as one of the most experienced and successful media and communications focused private equity investment firms in North America. Since 1989, ABRY Partners has completed over $21 billion of leveraged transactions and other private equity and mezzanine investments, representing investments in more than 500 media and communications properties. More information is available at www.abry.com.

©2009 Maranon Capital, LP. All rights reserved
Contact Us | Privacy Policy