Current Investment-FUND III
Acquisition date: March 30, 2018
Disposition date: Current Holding
Rapidly growing provider of medication-assisted treatment programs for patients suffering from substance use disorders
Community Medical Services Holdings, LLC (“CMS”) is a rapidly growing provider of medication-assisted treatment programs for patients suffering from substance use disorders. CMS is headquartered in Scottsdale, AZ and operates treatment facilities in AZ, MT, ND, and AK.
The investment by Clearview allowed for inactive owners an opportunity for a liquidity event, while aligning the management team with an experienced partner ready to help management achieve the next phase of CMS’ growth.
The transaction closed on March 30, 2018. Along with management, Clearview invested equity from Clearview Capital Fund III, LP. Senior and subordinated debt was provided by Silicon Valley Bank and Brookside Mezzanine Partners, respectively.