FGI Finance, a division of FGI Worldwide LLC, has provided a $150 million asset-based facility to Concordance Healthcare Solutions LLC (“Concordance”), a leading provider of supply chain, logistics, and technology solutions supporting the entire care continuum, from hospitals and health systems, to surgery centers, clinics and government agencies.

Headquartered in Tiffin, Ohio, Concordance is one of the largest independent healthcare distributors in the United States. As the company accelerates its strategic growth plan, it sought a financing partner capable of delivering a flexible, scalable solution. FGI led the transaction and partnered with CIT Northbridge as a co-lender to structure a facility designed to strengthen Concordance’s purchasing power, enhance liquidity, and support continued nationwide expansion.

“In today’s dynamic healthcare environment, staying ahead requires innovation, agility, and an unwavering commitment to those we serve,” said Lisa Hohman, CEO of Concordance. “This new facility reflects FGI and CIT Northbridge’s confidence in our mission and provides the financial strength needed to support our growth and expand the positive impact we make across the care continuum.”

"Concordance is built on more than 175 years of combined industry expertise and has grown into a premier partner for healthcare supply chain resiliency," said Bryan Rozum, Managing Director at FGI Finance. “We are excited to support Concordance as they continue to deliver cost-saving supply chain programs and critical clinical solutions that empower providers and improve patient outcomes.”