Invests In T&R Recovery
Summary
Genesis Park and Cyprium provided debt and minority equity in the transaction, as well as a delayed draw facility to support future growth initiatives. The Company offers a full continuum of care through residential treatment, partial hospitalization, intensive outpatient, detox programs, and other ancillary services addressing a diverse set of patient needs.We are excited to partner with T&R Recovery and support its future growth and acquisition initiatives, said Simon Haidamous, Managing Director at Genesis Park. Beth Haas, Partner at Cyprium, added The T&R Recovery team has significant experience in the behavioral health industry and a strong track record of successfully implementing value creation plans for acquisitions. We are thrilled to collaborate with a team that shares our vision and drive, and we are confident that together we can continue the growth momentum and strengthen the Companys position as a leader in recovery treatment, said Thomas Isbell. Cyprium provides common equity, preferred stock, subordinated debt, or any combination thereof, offering flexibility and increasing the certainty of close.