* The proceeds will be used to finance working capital requirements during the Company’s rapid growth phase
Posted: October 20, 2021 at 11:28 am MDT|Update: 13 hours ago
FORT LAUDERDALE, Florida, 20 October 2021 / PRNewswire / – VFP Pharmacy Group (“Village”, “VFP” or the “Company”), a holding company of BelHealth Investment Partners, LLC (“BelHealth”), a healthcare private equity firm based To Fort Lauderdale, Florida, announced the completion of a financing from ORIX Corporation the United States Capital Croissance team. VFP has established itself as one of the country’s leading fertility pharmacies and is dedicated to serving patients, providers and payers in this market. The transaction with ORIX the United States Growth Capital Group is providing VFP with the working capital needed to continue its rapid growth amid strong favorable winds in the fertility sector.
The proceeds will be used to finance working capital requirements during the Company’s rapid growth phase.
Richard J. Burkett, CEO and Director of the Board of Directors of VFP, said: “We are delighted to have ORIX the United States The Growth Capital team as a partner. Pharmacy is an integral part of the fertility journey and VFP prides itself on being a reliable and caring partner along this exciting path to parenthood. ” David Orlandella, Managing Director, ORIX the United States Growth Capital Group said: “We have been impressed with VFP’s commitment to service, including its strong positioning in the fertility industry, and we are delighted to be working closely with the VFP team and BelHealth.
Brett Bleau, VFP’s CFO said: “I enjoyed working closely with ORIX the United States the Growth Capital team to carry out this transaction. This funding not only supports our working capital requirements against the current growth of the Company, which has many times exceeded the pace of the industry, but also allows us to establish the technology and infrastructure to improve the business. patient experience and drive demand for our products and services. . “
About the VFP Pharmacy Group
VFP has established a national presence as one of the largest fertility-focused specialty pharmacies. Based at Boston, Massachusetts, VFP Pharmacy Group is made up of Village Fertility Pharmacy with locations in Boston and Chicago and Integrity Rx with locations in Scottsdale and Los Angeles. In business for over 30 years, VFP has developed a deep understanding of the complex nature of infertility treatments and the unique needs of infertile patients. VFP is committed to providing the best service and education to patients and clinics suffering from infertility.
About ORIX the United States Growth capital group
ORIX Company the United States Growth Capital business is a leading growth lending platform that provides flexible debt capital to high growth value companies, primarily in the tech and healthcare industries in the United States and Canada. Since 2001, the group has funded nearly $ 2 billion to more than 175 companies with investments of $ 5 million To $ 50 million. ORIX the United States Growth Capital Group is a value-driven enterprise lender, providing highly personalized and flexible credit facilities to growing businesses that are underserved by traditional lenders.
About BelHealth Investment Partners
About BelHealth Investment Partners BelHealth Investment Partners, based in Fort Lauderdale, Florida, is a healthcare private equity firm focused on lower middle market companies. BelHealth has a unique combination of investment, executive management and entrepreneurship experience. BelHealth is acquiring majority positions in companies owned by entrepreneurs which it believes will benefit from its extensive operating and private equity investment expertise. BelHealth invests from its $ 350 million funds.
For more information, please visit:
VFP pharmacy group: www.vfppharmacygroup.com
ORIX Growth Capital: https://www.orix.com/capital-solution/growth-capital/
BelHealth investment partners: www.belhealth.com
VFP Pharmacy Group: Richard Burkett (508) 850-6242
BelHealth investment partners: Inder Tallur (917) 975-6604
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SOURCE BelHealth Investment Partners
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