Content area
Full Text
Several methods of financing cinched the deal that led to the recent purchase of Camelot Care Corp. of Nashville by Providence Corp., including $7 million in subordinated debt financing from local mezzanine capital firms Petra Capital Partners and Harbinger Mezzanine Capital.
Petra Capital provided $3 million in subordinated debt financing, while Harbinger Mezzanine supplied $4 million.
Harbinger Mezzanine could have furnished the entire $7 million, but Petra Capital Wanted to be...