Cardon Outreach is a leading outsourced provider of revenue cycle management services, helping over 900 hospitals and clinics optimize revenue recovery for uninsured and underinsured patients. The company needed support finding debt financing to execute on M&A opportunities and minimize dilution.


Serent worked on behalf of the company to generate lender interest, manage the process of due diligence, and negotiate the most advantageous financing structures


Cardon successfully executed three acquisitions that were mostly debt-financed, securing an attractive cost of capital and a flexible covenant structure.