Inperium Announces Financing with KeyBank and JPMorgan Chase

Inperium has closed a financing with KeyBank to refinance its long-term debt and access additional capital for affiliations. Earlier this year, Inperium also closed on a revolving line of credit with JPMorgan Chase. Collectively, these financings total $75 million dollars.

Inperium is pursuing a broader capital strategy to allow it to further expand its presence nationally and meet the growing demand of providers who wish to join Inperium’s network. Inperium’s innovative affiliation model allows a nonprofit provider to maintain its separate corporate identity, operate under its current name, and be guided by its legacy board and management, who can continue to direct strategy. Upon affiliation, all directors and officers can maintain their board seats and positions.

“Inperium is fortunate to have partnered with quality institutions like KeyBank, JPMorgan, and Cain Brothers, our investment bank, that understand our model, support our mission, and want to help us become a billion-dollar enterprise and provide even greater value to our affiliates,” said Ryan Smith, Inperium’s Founding President and Chief Executive Officer.

About Inperium, Inc.
Inperium, Inc. is a Pennsylvania nonprofit 501(c)(3) tax-exempt corporation. Headquartered in Reading, PA, Inperium supports non-profit and for-profit organizations that deliver a broad array of supports and services to people in need. Its network consists of more than 30 affiliates across 11 states with consolidated annual revenue of over $400 million dollars. For additional information on Inperium, please visit inperium.org.