Consonance Capital Partners Completes Recapitalization Of Psychiatric Medical Care In Partnership With Management Team

Health care-focused private equity fund Consonance Capital Partners (Consonance) recently completed the recapitalization of Psychiatric Medical Care, LLC (PMC). Recapitalization refers to a type of corporate reorganization that involves substantial change in a company or organization’s capital structure.

PMC cited Consonance’s extensive experience in health care as the primary reason for their interest in working with them. The move should help to place PMC in a position where it can better expand and offer more services to both its clients and high-need consumers receiving geriatric care. Financial terms of the transaction have not been disclosed at . . .