Javlin Capital Provides $30M Credit Facility, Enabling LESS Institutes to Expand Outpatient Care

May 27, 2015, 15:53 ET from Javlin Capital

OMAHA, Neb., May 27, 2015 /PRNewswire/ -- Javlin Capital ("Javlin" or "Company") announced it has finalized a $30 Million senior credit facility with the LESS Institute.

Headquartered in Florida, the LESS Institute has become a leading outpatient orthopedic and spine surgery center. Its top doctors are trained in Less Exposure Surgery by founder and CEO Kingsley R. Chin, MD—a Harvard-trained Orthopedic Spine Surgeon who began his business experience as a Wall Street Financial IT Management Consultant.

"This new facility provides us access to significant capital and payor flexibility to continue to expand our surgeon network and service patients throughout the USA," said Dr. Kingsley R. Chin, LESS Institute Founder and CEO.

Javlin Capital, which invests primarily in four verticals—real estate, consumer receivables, litigation finance, and healthcare—has directly deployed approximately $350 million since 2011. Javlin's healthcare team helps physicians and other businesses maintain and grow their practices by providing consistent and reliable capital with a long-term vision.

"The LESS Institute is a great partner to Javlin Capital," said Faith Larson, Javlin Managing Director of Investments and Partner Management. "We are proud to support the growth of their outpatient services...services that fit squarely within our operational expertise."

About LESS Institute (thelessinstitute.com)

LESS Institute provides outpatient spine and orthopedics treatment tailored to each patient's lifestyle, health status, and body type. LESS's Less Exposure Surgery (LES) approach decreases surgical risks, patient discomfort, and blood loss while increasing speed of recovery. Since its founding in 2009, the LESS Institute has expanded from Florida to multiple states, including Texas and Ohio.

About Javlin Capital (javlincapital.com)

Omaha, Nebraska-based Javlin Capital LLC uses operating and valuation expertise to invest in complex financial assets. Javlin targets investment opportunities in healthcare, real estate, consumer, and litigation finance receivables and loans. Since mid-2011, Javlin has invested approximately $350 million in trade sizes ranging from $100,000 to $20,000,000.

Contact: Aaron Filipi, Director of Marketing and Communications; 402-281-4711; afilipi@javlincapital.com

SOURCE Javlin Capital



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