Auctus Capital Partners Supports Pathway Healthcare, Secures Financing for Expansion from Ephemeris Capital

Senior Secured Term Loan by Ephemeris Capital

Pathway Healthcare

CHICAGO —  Auctus Capital Partners is pleased to announce its role as lead advisor to Pathway Healthcare, supporting the leading addiction treatment center in securing senior-secured financing. Funding was provided by private investment firm Ephemeris Capital and the transaction was led by Auctus’ partner and general counsel Matthew Pacella.

Pathway Healthcare is a leading provider of office-based medical and behavioral treatment for drug and alcohol addiction and dependency. It provides highly effective, lasting treatment for opioid and other drug addictions, dependencies and other substance use disorders by utilizing scientifically proven methods and medications in a supportive, professional out-patient environment.

“Today, mental health and substance abuse centers [in the non-hospital / outpatient category alone] represent an $18 billion market in the US — and trends are driving a positive outlook for behavioral health, specifically for substance abuse and addiction treatment,” said Muhammad Azfar, CEO and Managing Partner of Auctus Capital Partners.

“We were extremely impressed with the team Auctus Capital Partners and we look forward to employing their strategic insight as we expand and continue our mission to provide increased access to addiction treatment for people across the country,” said Scott Olson, CEO of Pathway Healthcare.

Pathway Healthcare has 15 captive locations across Alabama, Mississippi, Tennessee and Texas, and another 11 network offices, with plans to further expand this year. The addiction treatment centers specialize in treating substance use disorders through a proprietary care model, known as MAT Plus®, which focuses on behavioral care along with medication-assistance.

“Better education about services, benefits and payment options are not only driving awareness and acceptance, but have helped industry revenue growth,” Azfar added. “For investors — especially private equity firms that continue to be active within the space — medication-assisted treatment programs are particularly attractive as they support an outpatient setting, which resonates well with managed healthcare providers.”

More information is available at

About Auctus Capital Partners

Auctus Capital Partners is a leading financial services firm focused exclusively on creating value for the lower middle market. The Auctus Group companies comprise a multi-faceted financial group specializing in merger & acquisition advisory, institutional private placements of debt and equity, financial restructuring, valuation, and strategic consulting. Our experienced professionals have the necessary foresight to navigate through highly-complex transactions to maximize value for our clients and create steady growth.

About Pathway Healthcare

Pathway Healthcare, LLC is a team of specialists committed to helping patients suffering from drug and alcohol addiction and dependency. Pathway’s proprietary MAT Plus® program combines medication-assisted treatment and IMPACT Behavioral Counseling services in a professional and convenient office-based outpatient setting. Learn more at