Heritage Capital Group, an investment banking and financial advisory firm serving middle-market and emerging growth companies in the US and worldwide, is pleased to announce that it has successfully completed a transaction with Valley Bank for Ackerman Cancer Center. Heritage worked closely with the executive management of Ackerman and the commercial lending team from Valley Bank.
Ackerman Cancer Center is a private, physician-owned radiation oncology practice with offices in Northeast Florida. With more than 30 years of experience, its interdisciplinary team is dedicated to providing the highest level of care for patients and their support systems. The center offers advanced radiation treatment options, including proton therapy; on-site diagnostic and screening services; and comprehensive support services that include oncology-specialized social workers, nurses, and dietitians.
Valley Bank, headquartered in Wayne, New Jersey, is a regional bank with approximately $41 billion in assets and more than 200 branch locations in New Jersey, New York, Alabama, and Florida. Bankers Matt Greene and Brian Amell represented Valley Bank in the transaction. Their thoroughness and commitment to the financing and the client were instrumental in closing the loan.
Scot Ackerman, medical director of Ackerman Cancer Center, stated, “Bill Nicholson and Heritage Capital Group have been instrumental in the growth and success of our practice with their timely financial advice.”
Matt Greene, regional president for Valley Bank, commented, “Brian and I have known Dr. Ackerman for many years and have been impressed with his passion for medicine and commitment to providing the highest level of patient care. We are excited that Valley Bank can now call Ackerman Cancer Center a client. Bill Nicholson and the Heritage team did a great job facilitating the transaction.”
Heritage Capital Group served as financial advisor to Ackerman. Bill Nicholson led the deal team.
With decades of experience in sourcing capital, negotiating with capital providers, and working with clients to provide solutions to simple and complex problems, Heritage provides capital solutions for every stage of a business. Whether a business is thriving and in need of growth capital or assessing bankruptcy options, Heritage helps business owners and executives navigate their problems and find solutions to their capital needs.
For more information about the deal, click here