Nuvem Health and Parthenon Capital

Madison Capital Funding closed a senior debt facility to finance a recapitalization of Nuvem Health by Parthenon Capital. Madison Capital Funding was the Joint Lead Arranger and Administrative Agent. Further terms were not disclosed.

Nuvem is a high-growth, healthcare technology company offering pharmacy claims administration and related analytics solutions to safety net healthcare providers.

Founded in 2001, Madison Capital Funding is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance products. Since inception, Madison Capital Funding has invested $37.5 billion in 1,265 middle market transactions with 318 private equity sponsors.

The loan discussed does not represent an account’s entire portfolio and in the aggregate, may represent only a small percentage of an account’s portfolio holdings. A complete list of all holdings is available upon request; please contact It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the loans mentioned herein.

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