Audax Private Debt Provides Financing to Support Lightyear Capital’s Acquisition of CuraLinc Healthcare
NEW YORK - Audax Private Debt announced that, as Administrative Agent and Joint Lead Arranger, it provided a unitranche credit facility to support Lightyear Capital in their acquisition of CuraLinc Healthcare (“CuraLinc” or the “Company”), a provider of workforce and student mental health solutions and employee assistance programs to large and mid-sized employers.
Founded in 2008 and headquartered in Chicago, IL, CuraLinc is an innovative provider of employee assistance (EAP), student and workforce mental health programs, including personalized solutions that engage, empower, and support employees, members, and students throughout their mental health care journey. The Company’s programs cover approximately 9 million employees and students across more than 4,200 clients around the world, including numerous Fortune 500 employers. CuraLinc’s comprehensive suite of services include mental health counseling and coaching, crisis support, text therapy, digital group therapy, management consultation, mental health navigation and advocacy, student assistance programs, and digital cognitive behavioral therapy (dCBT.)
Based in New York, Audax Private Debt is a leading debt capital partner for North American middle market companies. Since its inception in 2000, the firm has invested more than $38 billion in support of over 280 private equity sponsors. Audax Private Debt works collaboratively to build tailored financing solutions for its clients through a comprehensive range of offerings that includes first lien, stretch senior, unitranche, second lien, and subordinated debt, as well as equity co-investments. Audax Private Debt is an experienced and trusted partner with senior leadership averaging more than 26 years in private credit and 15 years working together at the firm through multiple economic cycles. For more information, please visit www.audaxprivatedebt.com or follow us on LinkedIn.
