Blue Ox Healthcare Partners, LLC is pleased to announce that on March 2, 2016, Delphi Behavioral Health Group, LLC, a portfolio investment of Blue Ox, closed on $26 million of Senior Secured Credit Facilities from KeyBanc Capital Markets. The facilities consisted of a $5 million Revolving Credit Facility and a $21 million Term Loan. The facilities will support Delphi’s acquisition and shareholder buyout strategy.
Delphi Behavioral Health Group, LLC is a chemical dependence and addiction treatment company offering treatment services throughout all stages of a patients’ addiction. The Company utilizes cognitive and behavioral therapies customized to each patient offering trauma resolution rather than treatment through medication. Delphi leverages its evidence based therapy program with tailored aftercare offering services such as assessment, detoxification, counseling, education, didactic lectures and group therapy. Delphi is headquartered in Ft. Lauderdale, Florida with locations across California, Maryland and Florida.
Blue Ox Healthcare Partners, LLC is a private investment firm focused on identifying and partnering with middle market companies who are participating and driving structural changes in healthcare. We partner with these companies to help them create and grow more sustainable and valuable businesses for the future.