Cahill Represents Lead Arrangers in $675 Million Credit Facilities for CCS-CMGC Holdings, Inc.
Date: 10/01/18
Cahill represented the lead arrangers in connection with a $500,000,000 first lien Term B credit facility, $65,000,000 first lien revolving credit facility and $110,000,000 second lien Term B credit facility for CCS-CMGC Holdings, Inc. Proceeds from the credit facilities were used for the acquisition of the capital stock of Correct Care Solutions Group Holdings, LLC and the capital stock of CFMG Holdings Corp. by H.I.G. and to refinance certain existing indebtedness of the targets. Correctional Medical Group Companies is a provider of comprehensive medical and behavioral healthcare services to local detention facilities across the United States.