Los Angeles, CA (October 2020) – Avante Capital Partners, a women-owned private credit and structured equity firm, is pleased to announce the completion of a unitranche debt and equity investment in Golden Bear Physical Therapy and Sports Injury Center, Inc. (“Golden Bear”) to support a portfolio company refinancing by Shore Capital. Founded in 1981, Golden Bear is a leading outpatient physical therapy platform with over 55 clinics in the West Coast. The Company provides specialized treatment to help patients with orthopedic, neurological, musculoskeletal and sports injuries, as well as advanced physical therapy services such as aquatic therapy.
“Avante’s flexibility and conviction in supporting our objectives make them an ideal partner for us,” said Mike Cooper, Partner at Shore Capital. “We are pleased to have their ongoing support as we expand the platform through new partnerships and clinic openings across the West Coast.”
“We are very excited to partner with Shore Capital and Golden Bear’s CEO, Bobby Ismail, a physical therapist. We have followed the Company and its impressive growth trajectory since Shore’s acquisition in 2019 and we look forward to supporting their continued success and growth,” said Ivelisse Rodriguez Simon, Managing Partner at Avante Capital Partners.