Brief: Great Elm Capital Group Buys Valley Healthcare Group And Northwest Medical

Great Elm

11/09/2018 11:41

Sept 11 (Reuters) - Great Elm Capital Group Inc  GEC.O :
    * GREAT ELM CAPITAL GROUP, INC. ACQUIRES VALLEY HEALTHCARE
GROUP
AND NORTHWEST MEDICAL FOR $63.6 MILLION
    * GREAT ELM CAPITAL GROUP INC - GREAT ELM HAS PURCHASED AN
80.1%
EQUITY INTEREST IN AN ENTITY FORMED TO ACQUIRE AND COMBINE VHG
AND NWM
    * GREAT ELM CAPITAL GROUP INC - TRANSACTION PURCHASE PRICE
OF
$63.6 MILLION
    * GREAT ELM CAPITAL GROUP INC - ALL DEBT INCURRED TO FUND
TRANSACTION IS NON-RECOURSE TO GREAT ELM
    * GREAT ELM CAPITAL - DEAL WAS FUNDED USING $19.7 MILLION OF
CASH,
DEBT AND OTHER OFFERINGS
    * GREAT ELM CAPITAL - PARTNERED WITH VHG MANAGEMENT TO
ACQUIRE AND
COMBINE VHG & NORTHWEST MEDICAL

Source text for Eikon:  ID:nGNX4PlMLS 
Further company coverage:  GEC.O 

 ((Reuters.Briefs@thomsonreuters.com;))