Averhealth gets $47 million senior credit facility via Oxford Finance

By Devika Patel

Knoxville, Tenn., Feb. 2 – Averhealth secured a $47 million senior credit facility with Oxford Finance LLC, according to a press release.

Proceeds will be used for general working capital, to refinance debt and for permitted acquisitions.

Based in Richmond, Va., Averhealth provides substance use testing and monitoring services tailored to the needs of courts and social service agencies.

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