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Brookside Mezzanine Partners Invests in Longhorn Health Solutions

Wed, 03/06/2013 - 1:30pm
PR Newswire

STAMFORD, Conn., March 6, 2013 /PRNewswire/ -- Brookside Mezzanine Partners is pleased to announce its recent investment in Longhorn Health Solutions, Inc. ("Longhorn").  Headquartered in Austin, Texas, Longhorn is a leading direct-to-home provider of consumable medical supplies, durable medical equipment, and pharmaceutical prescriptions serving the Medicaid, Medicare, and privately insured populations across Texas. Longhorn offers customers a comprehensive range of high quality disposable medical products, including incontinence supplies, enteral nutrition, and diabetic testing supplies.

Brookside Mezzanine Partners provided a unitranche credit facility and preferred equity to support the acquisition of Longhorn by Satori Capital ("Satori"). Satori is a Dallas, Texas-based private equity firm that partners with management teams of companies building significant long-term value through a sustainable approach. "Brookside Mezzanine Partners has served as an outstanding source of intelligent, strategic, flexible, and reliable capital," said John Grafer , a Satori principal. "They've mastered the delicate balance of providing our management teams with the room they need to grow their businesses while protecting and maximizing their investors' capital. We've partnered with Brookside twice, and we look forward to doing so again."

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