Truxton Trust Advises Sabino Recovery on Debt Financing for Management Buyout
Truxton Trust Company has announced its role as the lead lender and senior debt placement agent for Sabino Recovery, a Tucson-based provider of trauma and addiction treatment programs. This financing comprises a senior secured loan facility, allowing Sabino to buy out its previous majority ownership group and support its rapid growth. Sabino CEO Thomas Isbell expressed enthusiasm for Truxton's support in enhancing treatment for residents. Truxton Trust specializes in capital solutions for high-growth companies.
- Truxton Trust serves as lead lender and senior debt placement agent for Sabino Recovery.
- The financing supports Sabino's acquisition of previous ownership and facilitates significant growth.
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NASHVILLE, Tenn., May 24, 2021 (GLOBE NEWSWIRE) -- Truxton Trust Company is pleased to announce its role as lead lender and senior debt placement agent to Sabino Recovery, a provider of trauma and addiction residential treatment programs in Tucson, Arizona. The financing is comprised of a senior secured loan facility and Truxton is serving as the lead lender. Sabino’s management team used the proceeds to buy out the previous majority ownership group and to support their exponential growth. Truxton Trust Company provides capital solutions to high-growth companies, family-owned businesses, and financial sponsors.
Sabino CEO Thomas Isbell said, "As Partners of Sabino Recovery, we are thrilled to have the support of Truxton Trust in our vision for the company. We strive to enhance the treatment process for all residents past, present, and future by utilizing our diverse skill sets, leadership approaches, and exceptional staff."
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, and family office services for wealthy individuals, their families, and their business interests. Serving clients across the world, Truxton’s vastly experienced team of professionals provides customized solutions to its clients’ complex financial needs. Founded in 2004 in Nashville, Tennessee, Truxton Trust upholds its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of financial holding company, Truxton Corporation (OTCPK: TRUX). For more information, visit truxtontrust.com.
About Sabino Recovery
Located in Tucson, Arizona, Sabino Recovery offers world-class trauma and addiction residential treatment programs, focused on individualized care in a private and comfortable setting. Sabino Recovery prides itself in its expertise at identifying and treating trauma and addictions through viewing the entire person, not just the symptoms. Its clinically sophisticated team collaborates with each person to create a personalized treatment plan tailored to their specific presenting circumstances. Sabino Recovery’s integrative model provides a safe and supportive environment for individuals to transcend their maladaptive patterns of behavior to reconnect with their authentic self. For more information, visit sabinorecovery.com.
| Media Relations | Investor Relations |
| Tamara Schoeplein | Andrew May |
| 615-515-1714 | 615-515-1707 |
| tamara.schoeplein@truxtontrust.com | andrew.may@truxtontrust.com |
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f6e3dc0b-80e9-4d83-9b26-41a30216f7bc
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