Source Capital Makes Investment In TTG Healthcare

Source Capital is pleased to announce a debt and equity co-investment to support the growth of TTG Healthcare (“TTG”). TTG is backed by private equity sponsor, Chartwell Investments (“Chartwell”). This investment represents the eighth investment out of Source Capital Credit Opportunities Fund III (“SCCO III”).

“Source Capital’s healthcare experience, financing solution, and partnership approach made them the ideal partner for TTG as we continue to execute on building a best-in-class service provider. We are excited about this new partnership and look forward to our future growth,” said Michael Shein, Managing Partner of Chartwell Investments

“TTG and Chartwell have assembled an impressive platform and we look forward to our partnership and supporting their growth initiatives,” said Joe Rodgers, Managing Director at Source Capital

About TTG

TTG provides end-to-end comprehensive services including imaging equipment sales (new and refurbished), equipment service and repair, and imaging administration (technician staffing, radiopharmaceutical supply) for nuclear, echo and vascular cardiac systems. The Company, in partnership with its sponsor Chartwell Investments, is pursuing an acquisition strategy to increase the scale of its existing service lines and extend its geographical reach.

About Chartwell Investments

Chartwell is a private investment firm founded in 1992 that invests in and partners with lower middle-market companies across a range of industries. Chartwell typically focuses on investing in and with family and entrepreneurially-owned companies, as well as select corporate divestitures. 


SCCO III is an investment fund of Source Capital LLC primarily focused on providing flexible capital to both sponsor and non-sponsor companies in the lower middle-market. We provide senior, unitranche, and senior-stretch loans along with equity co-investments to support management buyouts, recapitalizations, independent sponsor transactions, add-on acquisitions, growth capital, buy and build platforms, and refinancings. The team has over 80 years of collective experience sourcing, structuring, and managing such investments. For more information, please visit our website.

About Source Capital 

Source Capital is a private investment firm, based in Atlanta, that invests in mature, lower middle-market companies across a range of industries. Since its founding in 2002, Source Capital has made 20+ control equity investments, 30+ add-on acquisitions and 25+ debt investments. 

For More Information:

Joe Rodgers, Managing Director – 

© 2019 Source Capital | All Rights Reserved. Web design & development by James Ross Advertising. | Disclaimer