PARTNERSHIPS & ALLIANCES

GE Healthcare invests $75M in Schumacher Group

Written by Editorial Staff   
Wednesday, July 30, 2008

FURTHER READING

Section

PDF Print Email
GE Healthcare Financial Services has provided a $75 million senior secured credit facility to The Schumacher Group, an emergency medicine management company.

The Lafayette, La.-based company will use the credit proceeds to fund its continued expansion and refinance existing debt.

"The Schumacher Group has an exceptional industry reputation and track record; we are delighted to add them to our portfolio of healthcare customers," said Russ Herakovich, managing director for GE Healthcare Financial Services' corporate finance team.
Last Updated ( Wednesday, July 30, 2008 )