Breakaway Capital loans $14 mln to People’s Care Holdings

Breakaway Capital has provided a $14 million loan to People’s Care Holdings Inc to refinance their existing debt. People’s Care, of Chino Hills, California, provides specialized care services to adults and children with intellectual and developmental disabilities, as well as to seniors and other individuals with unique care needs.

PRESS RELEASE

Breakaway Capital Finances People’s Care Holdings, Inc.
On March 1st, Breakaway provided a $14.0 million Senior Secured Credit Facility to People’s Care Holdings, Inc. to refinance existing indebtedness.

Based in Chino Hills, CA People’s Care provides specialized care services to adults and children with intellectual and developmental disabilities, as well as to seniors and other individuals with unique care needs.
About Breakaway Capital
Breakaway Capital is a private investment firm in Los Angeles with approximately $150 million of committed capital under management. Breakaway prides itself on structuring unique and differentiated debt financing solutions. Our founding partners are the credit committee, enabling us to provide a non-bureaucratic, transparent credit process with the ability to produce a quick turnaround and certainty of close. Our focus is on creating innovative capital solutions for “difficult to finance” situations that fit the unique needs of entrepreneurs, independent sponsors, and private equity firms. The firm’s founding partners have extensive relationships and deal structuring and investing experience, having led hundreds of debt and equity financings aggregating billions of dollars over the past 30 years.