NASHVILLE, Tennessee, Oct. 03, 2022 (GLOBE NEWSWIRE) — Truxton Trust Company is pleased to announce its advisory role with BasePoint Health Management, a provider of non-clinical management services for mental health facilities and affiliated psychiatrists . Truxton Capital Advisors, a division of Truxton Trust Company, served as sole arranger for a junior credit facility with equity warrants and raised $5 million from accredited investors. BasePoint plans to use the product to expand from one to five sites in the Dallas, Texas area. Truxton Capital Advisors provides capital solutions to high growth companies, family businesses and financial sponsors.
Roy M. Serpa, Chairman of Basepoint, said, “As Founder and Chairman, I appreciate the confidence that Truxton and his team led by Philip Skipp, Vice Chairman of Truxton Capital Advisors, placed in BasePoint Health Management while as we expand our footprint and improve access to mental health care for teens in Texas.
About Truxton Trust
Truxton Trust Company is a provider of private banking, wealth management, trust, capital markets and family office services to high net worth individuals, their families and their business interests. Serving clients around the world, Truxton’s team of highly experienced professionals provide customized solutions to the complex financial needs of its clients. Founded in 2004 in Nashville, Tennessee, Truxton Trust maintains its original guiding principle: do the right thing. Truxton Trust Company is a subsidiary of the financial holding company Truxton Corporation (OTCPK: TRUX). For more information, visit http://truxtontrust.com.
About BasePoint Health Management
BasePoint Health Management provides non-clinical management services for BasePoint Academy and BasePoint Psychiatry, a leading mental health treatment program for adolescents struggling with mental health issues.
Together Basepoint is committed to providing accessible, understandable, and effective behavioral health care to our patients and their families.
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