Unitranche Credit Facility

Lead Arranger, Admin Agent | December 2020

Sector: Healthcare IT

AB Private Credit Investors (AB-PCI) leveraged its healthcare technology expertise to finance the strategic acquisition of Deerwalk Inc. by Cedar Gate Technologies (“Cedar Gate”). This is the second acquisition and credit facility upsize that AB-PCI has executed to support the growth of the GTCR-backed platform.

Deerwalk is a healthcare data analytics platform that helps manage health plan design and spend. Cedar Gate serves healthcare providers, payers and self-insured employers who are seeking to reduce healthcare costs and improve quality of care.

The combined Cedar Gate platform provides a suite of enterprise software solutions that enables provider and payer participation in value-based arrangements through the design, implementation, and administration of bundled payments and fully capitated contracts.

GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $18 billion in over 200 companies.

Contact Us

Brent Humphries

President and Founding Member

Patrick Fear, CPA

Managing Director and Founding Member 

Daniel Weiss

Managing Director

Jay Ramakrishnan

Managing Director, Head of Originations and Founding Member

Evan Cohen, CFA

Managing Director

All rights reserved. AB Private Credit Investors is a trademark of AllianceBernstein L.P. and its affiliates. The [A/B] logo is a service mark of AllianceBernstein and AllianceBernstein® is a registered trademark used by permission of the owner, AllianceBernstein L.P.

This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.