Quarton International advises Community Medical Services in its recapitalization with Clearview Capital

May 3, 2018

 

Minneapolis, Minnesota, May 3, 2018 – Quarton International is pleased to announce that Community Medical Services, LLC (“CMS” or the “Company”) has been recapitalized by Clearview Capital Fund III, L.P., an affiliate of Clearview Capital, LLC (collectively, “Clearview”). Quarton International acted as the exclusive investment banking advisor to the Company.

CMS is a rapidly growing provider of medication-assisted treatment (“MAT”) programs for patients suffering from opioid use disorder. The Company operates 14 facilities across four states and services over 4,000 patients. CMS’s programs include the nation’s first 24-hour opioid treatment program (“OTP”), which enables patients to receive treatment anytime of the day, any day of the week. Clearview partnered with management to acquire the business from its inactive majority owners. Nick Stavros, the Company’s CEO, will continue to lead the management team and maintained a significant ownership position in the Company.

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