FOX Rehabilitation ups credit facilities by $50 million with CIT

Chicago, Aug. 30 – FOX Rehabilitation increased its credit facilities with CIT by an additional $50 million, according to a press release.

CIT, a division of First Citizens Bank, has now provided total financing of $172.3 million.

The original financing was developed in connection with FOX's acquisition by Blue Wolf Capital Partners in February 2019.

“The increased financing will support our continued growth and strategic business plans,” said Robyn Kjar, chief executive officer at FOX, in the news release.

FOX provides in-home physical, occupational and speech therapy services to older adult patients throughout the United States. The company is based in Cherry Hill, N.J.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.