Case studies

We actively engage with our portfolio companies to support them in the execution of key initiatives. Below are a few areas we have specifically been able to drive value for our portfolio

M & A

Financing

"Without Serent's support we would not have had access to the breadth of lender relationships which helped us secure more favorable financing for our acquisitions"

Glen Laschober, CEO Cardon Outreach

SERENT INVESTMENT TEAM

Description

Cardon Outreach is a leading outsourced provider of revenue cycle management services, helping over 900 hospitals and clinics optimize revenue recovery for uninsured and underinsured patients. The company needed support finding debt financing to execute on M&A opportunities and minimize dilution.

Actions

  • Serent worked on behalf of the company to generate lender interest, manage the process of due diligence, and negotiate the most advantageous financing structures

Outcomes

Cardon successfully executed three acquisitions that were mostly debt-financed, securing an attractive cost of capital and a flexible covenant structure.