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Crescent Capital to aid European LifeCare's acquisition of CityDoc

U.S. asset manager Crescent Capital Group LP extended a unitranche financing line to aid European Lifecare Group A/S' acquisition of U.K. health clinic chain CityDoc Medical Ltd.

Financial details were not disclosed.

Crescent Capital also set up a facility to help in case of future acquisitions by European LifeCare, which is a portfolio company of Inflexion Pvt. Equity Partners LLP.