Access Integrated Healthcare Closes $8.5 Million First-Round Growth Capital Financing

LOS ANGELES--()--Access Integrated Healthcare, LLC (AIH) closed its first round of growth capital in the amount of $8.5 million, supplied by Penta Mezzanine Fund. AIH is a healthcare services company leveraging excess capacity prevalent throughout the industry with the objective of containing healthcare costs while enhancing patient care. The investment will fund the company’s continued expansion in two key market segments: comprehensive diagnostic imaging services—primarily to the workers’ compensation sector—and cosmetic surgery services targeting underserved regions throughout the U.S. under the Juvilee Medical Rejuvenation brand name.

“In today’s environment, healthcare providers must be creative in identifying ways to eliminate costs from the overall system. That is how we endeavor to create value. We could not have found more supportive partners than Penta, who are equally committed to executing our vision.”

“There’s a tremendous market opportunity here and with this first round of growth capital we are well-positioned for strategic expansion,” said Gordon Quick, CEO of AIH. “We will methodically expand our diagnostic imaging services from our solid base in California to a number of other states and will build the Juvilee segment of our business with a multi-state presence from the start.”

AIH combines wholly-owned facilities with an expansive network of deeply integrated third-party facilities. Central to the company’s business strategy, AIH’s team is trained to identify inefficiencies and implement operational improvement plans across the entire network.

“Cost containment should never result in compromised quality,” said Quick. “In today’s environment, healthcare providers must be creative in identifying ways to eliminate costs from the overall system. That is how we endeavor to create value. We could not have found more supportive partners than Penta, who are equally committed to executing our vision.”

Led by Gordon Quick, CEO; Manel Sweetmore, CFO & COO; and James Castro, EVP of Strategy & Corporate Development, AIH’s management team has more than a century of combined professional experience and considerable expertise across the healthcare industry.

ABOUT ACCESS INTEGRATED HEALTHCARE

AIH is a healthcare services company that leverages a unique mix of owned, operated and affiliated healthcare facilities to offer a streamlined outpatient solution that eliminates the high costs and speculative quality often associated with traditional broker models. Founded in 2009, AIH is headquartered in Los Angeles, California. For more information, visit www.accessih.com.

ABOUT PENTA MEZZANINE FUND

Penta Mezzanine Fund is a private investment firm based in Orlando, Florida. Penta provides $2 to $15 million in customized growth capital for lower-middle-market companies nationwide. Penta looks to invest in established companies operated by experienced and proven management teams with a history of building enterprise value. For more information about Penta Mezzanine Fund visit www.pentamezz.com.

Release Summary

Access Integrated Healthcare, LLC (AIH) - a healthcare services company - closed its first round of growth capital in the amount of $8.5 million, supplied by Penta Mezzanine Fund.

Access Integrated Healthcare, LLC