Helios Healthcare Advisors Structures Partnership Buyout & Recapitalization of Indiana-based Assisted Living & Dementia Care Provider

Chicago, IL – Helios is pleased to announce its role in structuring a partnership buyout and recapitalization of an Indiana-based assisted living and dementia care provider (the “Company”).

Based in Evansville, Indiana, the Company operates a 67-unit assisted living a dementia care community. In 2019, Helios was engaged by the Company to arrange a construction and renovation financing package to expand the community and services provided. Post expansion and renovation, Helios worked to recapitalize the venture, which included structuring a buyout of one of the original partners and replacing the construction loan with permanent financing.

Helios arranged a conventional term loan through a NASDAQ-listed lender expanding its healthcare portfolio.

“This transaction is a testament to the long-term approach we utilize at the foundation of our platform. We set out a road map early and follow through for our clients at every stage of their growth and investment lifecycle. We intend to continue to work with the Company to execute on the next stage of their objectives”, said Helios Managing Director Mario Santiago.