Congrats to Avadim Health on closing a profitable round of financing. And a huge thanks to Asheville’s YWCA on expanding their quality childcare services, and Asheville Habitat for their expansion into building affordable townhomes, in addition to single-family homes.
Avadim Health is pleased to announce today that it has closed a debt financing round with gross proceeds of $40 million with an additional accordion facility of up to $20 million. ASGARD Partners & Co. (“ASGARD”) served as the Company’s financial advisor on the transaction. Hayfin Capital Management was the sole investor in the financing.
On Friday, September 21, 2018, Vanderbilt grandson, George H.V. Cecil, was honored as the first member of the Arboretum’s Olmsted Society. This new membership level for the Arboretum’s non-profit entity recognizes generous individuals and couples who make an annual gift of $2,500 or more. As a way to honor Olmsted’s contributions to landscape architecture, the funds generated from these donations help support the Arboretum’s grounds, educational programs and exhibits year-round.
In order to increase the availability of quality child care, Asheville’s YWCA recently underwent a renovation of 4 classrooms in their Early Learning Program, a 5-Star rated child care center that will serve over 140 children, from infants through pre-school. The expansion included replacing floors, installing sinks, and creating capacity for an additional 36 children age 3-5 years, thanks to support from the Buncombe County Commissioners.
Park Ridge Health Cancer Services is excited to introduce Charles Wendling, Jr, MD. He is their new board-certified in Internal Medicine and Hematology/Medical Oncology. Dr. Wendling brings a diverse background in cancer services that includes inpatient and outpatient clinical care, clinical research and educational leadership.
Friday Staffing is looking for a Milling and Lathe Machine Operator, Order Picker, Forklift Operator, and General Laborer. For more information, call Angela Paskus at 828-684-8700 or go to www.friday-staffing.com.
Asheville Habitat is excited to announce a new housing product. As one of many steps towards serving 1,000 more families in the next decade, Habitat will begin building townhomes in addition to single-family homes. This new housing type will be introduced at Curry Court, Habitat’s new 12-home neighborhood in Candler. House construction starts in early December, and Habitat will host a kick-off event on October 18th.