Continuing Health Care Solutions, Inc. (CHS) Receives $43.3 Million Credit Facility

Benesch client, Continuing Health Care Solutions, Inc. (CHS) has received a $43.3 million term loan and line of credit from Oxford Finance LLC. These funds were used to purchase and provide working capital for eight long-term care facilities in Ohio from the Zandex Group. CHS was established over six years ago by long-term industry veterans and has since become the premier provider of long-term care services in Ohio and neighboring regions. The acquisition of the Zandex portfolio enables the CHS team to deliver best in care services to markets in which they have an established footprint. The Benesch team included Joe Tegreene, Joel Pentz, Harry Brown, Chris Matgouranis and Janelle Gasbarino.