Cypress Care is a leading provider of workers' compensation Pharmacy Benefit Manager services.
The Company was growing rapidly and recently signed a letter of intent to provide its solution to Zurich Services Corporation, one of the largest service providers in the workers' compensation industry. The Company was raising capital to refinance existing debt and fund its ongoing growth requirements.
Croft & Bender successfully raised capital for the Company, with Lovett Miller & Co. acting as the lead investor. C&B Capital also invested in the transaction.