BOCA RATON, Fla., Feb. 12, 2025 – Healthcare Funding Partners (HFP) has successfully secured a $180 million Senior Secured Credit Facility, reinforcing its commitment to expanding healthcare insurance distribution and accelerating strategic acquisitions. With J.P. Morgan as Sole Bookrunner and Joint Lead Arranger, alongside Citi as Joint Lead Arranger, this funding positions HFP for continued growth in the Affordable Care Act, Medicare Advantage, and ancillary insurance markets.
Empowering Growth & Strategic Expansion
Michael S. Hilf, CEO of Healthcare Funding Partners, emphasized the impact of this funding:
“This financing strengthens our ability to scale our operations and enhance our market presence. With the support of our new banking partners, we are well-positioned to execute both organic growth initiatives and targeted acquisitions in the insurance sector.”
HFP operates two primary divisions:
HFP Insurance Agency, which specializes in Health, Life, Medicare, and ancillary insurance products, providing access to top carriers such as Aetna, United Healthcare, Blue Cross Blue Shield, Cigna, and Ambetter.
HFP Investments, LLC, its strategic investment arm, focused on equity partnerships and expanding the company’s footprint within the insurance distribution sector.
Seamless Execution with Strong Financial Backing
Chad I. Sokoloff, COO of Healthcare Funding Partners, expressed appreciation for the collaboration, stating:
“The J.P. Morgan team executed this transaction with professionalism and precision. We are excited about our continued partnership with these esteemed financial institutions as we drive forward with our strategic vision.”
Houlihan Lokey served as Exclusive Financial Advisor and Placement Agent for Healthcare Funding Partners in the transaction.
About Healthcare Funding Partners
Healthcare Funding Partners is a leading player in the healthcare insurance distribution sector, facilitating affordable health coverage across the ACA, Medicare Advantage, and ancillary insurance markets. Partnering with top-tier insurance carriers, HFP remains committed to delivering high-quality, accessible insurance solutions to individuals and families nationwide.
For more information, please contact:
Investor Relations
Michael S. Hilf (CEO) – mhilf@healthcarefundingpartners.com | (646) 415-2223
Chad I. Sokoloff (COO) – csokoloff@healthcarefundingpartners.com | (352) 219-7191
Source: PR Newswire. “Healthcare Funding Partners Announces $180 Million Senior Secured Credit Facility.” Published February 12, 2025.
