Ross Eldridge and Tom Case have been appointed by Citizens Commercial Banking, a variety of corporate banking services to a diverse set of clients, to its healthcare finance team.
Ross Eldrige and Tom Case, based in Atlanta, will report to Russ Herakovich, head of Citizens’ Healthcare Finance team. They will focus on originating senior debt to middle market private equity sponsors and companies across the healthcare sector.
Eldridge joins as a director. Previously, he worked at GE Capital Healthcare Financial Services, where he originated and structured debt financing for healthcare clients. Case joins as a Vice President. Prior to Citizens, he was at CIT Healthcare, where he focused on underwriting leveraged buyouts with private equity sponsors.
They will focus on cash flow financings of $60 million to $1 billion in size for companies generating EBITDA of $15 million to over $300 million.
Citizens Commercial Banking has hired bankers in its traditional New England, Mid-Atlantic, and Midwestern markets, as well as in Atlanta, Washington, DC, Charlotte, Dallas, and Los Angeles, as part of a drive to expand its commercial banking operations, a plan announced in August.
Tags: Private Equity, Private Equity Firm, Private Equity Group, Private Equity Company, Private Equity Fund, Private Equity Investment, Private Equity Investor, Buyout, Buyout Fund, Leveraged Buyout, LBO, Buyout Firm, Ross Eldridge, Tom Case, Citizens Commercial Banking, Corporate Banking Services, Atlanta, Russ Herakovich, GE Capital Healthcare Financial Services, CIT Healthcare, New England Market, Mid-Atlantic Market, Midwestern Market, Washington, DC, Charlotte, Dallas, Los Angeles.