Comvest Group Backs Up Alana Healthcare

Comvest Capital II, the debt fund belonging to the Florida-based investor, is providing a $10 million debt facility to Alana Healthcare LLC, a company that provides comprehensive patient care and clinical consultations. Specifics of the deal were not disclosed. Alana is based in Tennessee.

PRESS RELEASE:

West Palm Beach, FL, November, 2011: The Comvest Group, through its debt fund, Comvest Capital II L.P., has agreed to provide a $10 million debt facility to Alana Healthcare, LLC. Alana HealthCare is a health solutions company that provides comprehensive patient care and clinical consultation to individuals with chronic and complex life conditions. Utilizing its Specialty Pharmacy, Alternative Infusion Centers and Home Medical Equipment subsidiaries, Alana HealthCare has grown to be a leading provider of injectable and infusion medications, ambulatory infusion centers, wound therapy management, and respiratory therapy and non invasive ventilation devices.

Since its inception, Alana HealthCare has drawn on its proficiency in streamlining healthcare costs by offering an integrated delivery platform for all its services, and providing adherence and therapeutic outcome data to their patients, hospitals, physicians and MCO partners. For more information about Alana Healthcare, please visit http://alanahealthcare.com.