Paquin Healthcare Companies Completes
Second Round of Financing
ORLANDO, Florida,
July 23, 2007 -- Paquin Healthcare Companies, the
nation’s leading specialist in healthcare-based retail,
announced today the closing of its second round of
private equity funding. The Company is currently
providing services to more than 200 hospital locations
nationwide in formulating customized healthcare retail
initiatives, including advanced eCommerce solutions
designed to maximize each hospital’s unique brand
value. The proceeds of the funding will be used to
finance the Company's plan for continued aggressive
growth and innovative technology implementation.
InfusionCapital served as the Company’s investment
banking advisory firm in arranging for the financing.
“We are utilizing
our funding to further develop proprietary products and
services which will benefit our growing base of hospital
systems most,” stated Tony Paquin, CEO of Paquin
Healthcare. “We are ramping up available resources and
rapidly deploying eCommerce technologies and select
branded products to provide these institutions with high
margin, profitable and predictable revenue sources.”
About Paquin
Healthcare Companies
Paquin Healthcare
Companies, Inc., through its subsidiary operations, is
pioneering the development of distribution channels for
healthcare-based retail products and services. Working
in conjunction with major hospitals and other
professional healthcare organizations nationwide, Paquin
Healthcare is the nation’s leading provider of
integrated and customized solutions for the
implementation of healthcare retail strategies. As
Medicare reimbursement rates continue to be pressured
downward and expenses rise, new sources for
non-reimbursed revenues are becoming essential to the
financial viability of hospitals. Paquin Healthcare also
organizes the industry’s premier annual meeting event
for healthcare retail initiatives, The Healthcare Retail
Conference. For more information, visit
www.PaquinHealthcare.com
About InfusionCapital
InfusionCapital is an investment banking consultancy
firm, specialized in a unique, integrated approach to
capital formation for small cap and emerging growth
companies. The firm has extensive experience in
assisting client companies with each phase of
capitalization and the complex processes that accompany
it.
They leverage their years of investment banking
experience on Wall Street, and their long-term
relationships with leading portfolio management firms,
key investment managers, and national brokerages to help
clients make the right connections and deliver a
consistently powerful message that gets results. For
further information about InfusionCapital, visit
www.infusioncapital.com.
For more
information, contact:
Andrew Zelman
Infusion Capital
407-566-1090
www.infusioncapital.com
