Tuesday, March 14, 2017

Cedar Springs Capital, Crestline Buy CarePayment

Dallas-based investment firm Cedar Springs Capital, and fellow Fort Worth investor Crestline said on Monday that the two have teamed up to buy payment financing provider CarePayment. Financial details of the acquisition were not announced. The two said they are moving CarePayment's headquarters to Nashville. The investment and acquisition came from the CCM Capital Opportunities Fund, which is led by Cedar Springs Capital and Crestline Investors. CarePayment had been based in Portland, Oregon.