Village Fertility Secures $12M in Debt Financing from ORIX Corporation USA's Growth Capital Group
Summary
Richard J. Burkett, VFP CEO and Board Director, stated: "We are thrilled to have ORIX USAs Growth Capital team as a partner. David Orlandella, Managing Director, ORIX USAs Growth Capital group stated: "We have been impressed with VFPs commitment to service, including its strong positioning in the fertility sector and are excited to work closely with the VFP team and BelHealth." Brett Bleau, VFP CFO said "I have enjoyed working closely with the ORIX USAs Growth Capital team to complete this transaction. This financing not only supports our working capital needs relative to the Companys current growth, which has out-paced the industry by several fold, but also enables us to establish the technology and infrastructure to enhance patient experience and drive increased demand for our products and services." BelHealth acquires majority positions in entrepreneur-owned companies that it believes will benefit from its extensive operating and private equity investment expertise.