Opus Bank’s Healthcare Banking division provides Senior Secured Credit Facilities to Constellation Behavioral Health, LLC, a portfolio company of New MainStream Capital
Overview of Transaction
New MainStream Capital recently announced the acquisition of Constellation Behavioral Health, LLC (“Constellation”), a premier behavioral health platform with facilities in both Northern and Southern California.
Founded in 2010, Constellation offers treatment services for adults with addiction, psychological, and co-occurring psychiatric disorders.
New MainStream Capital is a private investment firm specializing in strategic equity investments in lower middle market companies within selected growth industries.
Significance of Transaction
The partnership between Constellation and New MainStream Capital will enhance the current infrastructure in place today that is designed to support the company’s aggressive growth strategy.
Opus Bank (“Opus”) refinanced existing debt, provided working capital, and liquidity for future acquisitions.
Opus Bank's Role
This transaction represents the second completed financing between Opus and New MainStream Capital.
As a strategic financial partner, the Opus Healthcare Banking division acted proactively and was integral to the implementation of the business plan.