BETHESDA, Md., Apr 04, 2012 (BUSINESS WIRE) -- GE Capital, Healthcare Financial Services announced today that it is administrative agent on $193 million in senior secured credit facilities for DSI Renal, Inc. The financing supports DSI’s acquisition of 54 dialysis clinics from Fresenius Medical Care AG, and makes DSI the fourth largest for-profit provider of dialysis services in the country. GE Capital Markets served as joint lead arranger and joint book runner on the facilities.

Headquartered in Nashville, TN, DSI Renal is a leading U.S. provider of dialysis services to patients suffering from chronic kidney failure, also referred to as end-stage renal disease. As owners and operators of 85 dialysis clinics in 23 states, DSI Renal offers state-of-the-art treatment with personalized care.

“Our management team has a long history with GE Capital’s Healthcare Financial Services business. They are healthcare lending experts with a keen understanding of the dialysis space, so they were able to provide a financing solution tailored to our needs,” said Robert Lefton, executive chairman of DSI Renal.

Brian Morfitt, a partner with Frazier Healthcare Ventures, the lead private equity firm within the group that owns DSI Renal, added: “GE Capital, Healthcare Financial Services was integral to this deal from the beginning. They brought more than just money to the table; their industry knowledge, structuring expertise and leadership in the transaction’s execution were all crucial to a smooth and timely closing.”

“We bring in-depth knowledge of both finance and healthcare to provide optimal financing solutions. We have worked with Bob Lefton and his team for nine years, and are strong believers in their ability to deliver. We were able to structure a loan to meet DSI’s unique needs and help them execute their growth strategy,” said Darren Alcus, president and chief executive officer, GE Capital, Healthcare Financial Services.

About GE Capital, Healthcare Financial Services

With in-depth industry knowledge and expertise, GE Capital, Healthcare Financial Services has provided more than $60 billion in financing over ten years to companies in over 40 healthcare sectors including senior housing, hospitals, medical offices, outpatient services, pharmaceuticals and medical devices. Our team of professionals creates business and financial solutions tailored to meet the individual needs of our customers. For more information, visit gecapital.com/healthcare.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE /quotes/zigman/227468/quotes/nls/ge GE -0.30% works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. For more information, visit the company's website at www.ge.com .

SOURCE: GE Capital

        
        GE Capital, Americas 
        Ned Reynolds, 203-229-5717 
        
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        GE Capital, Healthcare Financial Services 
        Samia Magbie, 301-664-9859 
        
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