Davis Polk is advising Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets, LLC and SunTrust Robinson Humphrey, Inc. as joint lead arrangers and bookrunners in connection with the $130 million amended senior secured credit facilities and the $250 million senior unsecured bridge facility to be provided to an acquisition subsidiary of The Providence Service Corporation to finance, in part, Providence's acquisition of the equity interests of CCHN Group Holdings, Inc. (“Matrix Medical Network” or “Matrix”) and to repay existing indebtedness of Matrix. The credit facilities will be guaranteed by certain subsidiaries of Providence and will be secured by all of the assets and stock of the guarantors thereunder.

Founded in 1996 and headquartered in Tucson, Arizona, Providence is a leading provider and manager of government sponsored human services, global employment services and non emergency transportation services. It serves approximately 59,900 and 250,500 human services and workforce development services clients, respectively, with approximately 19.5 million individuals eligible to receive the company’s non emergency transportation services. Its workforce development services include 160 delivery sites spanning 10 countries.

Headquartered in Scottsdale, Arizona, Matrix is a leading provider of health risk assessments for Medicare Advantage health plans and risk-bearing providers with a national footprint across 33 states. Matrix is a portfolio company of Welsh, Carson, Anderson & Stowe XI, L.P., a leading private equity investment firm.

The Davis Polk financing team includes partners Sophia Hudson, Michael Kaplan and Jason Kyrwood, associates Daniel J. Amato, Elliot M. de Carvalho and Novika Ishar and law clerk Darren Jackson. The tax team includes Counsel Craig A. Phillips and law clerk Brian Harris. Counsel Loyti Cheng and associate Amy E. Turner are providing environmental advice. All members of the Davis Polk team are based in the New York office.