Los Angeles, CA, October 8, 2015

PRNewswire — Breakaway Capital Partners Fund, L.P. today announced that it has funded an $8.4 million senior secured credit facility to and common stock investment in PM Pediatrics Management Group, LLC..

Based in Lake Success, Long Island, NY, the Company provides specialized urgent care to children and young adults in a convenient, comfortable and comprehensive manner. The Company currently operates 17 locations in New York, New Jersey and the Washington DC metropolitan area. The Company is led by its co-founders, Steven Katz and Dr. Jeffrey Schor with strong support from its financial partner, Scopia Capital Management LP, a New York City-based private investment firm. Mike Connolly, Founding Partner of Breakaway Capital, said “By focusing on providing the highest quality pediatric care and patient experience, Jeffrey and Steve have built a unique business and brand and we are proud to help finance the Company’s exciting growth opportunities.”

“Breakaway is a great capital partner for PM Pediatrics. We were impressed with their ability to be timely, creative and flexible with respect to our unique financing requirements,” said Katz. David Wittels, Partner and Head of Private Equity at Scopia added, “We were very pleased that Breakaway was able to quickly deliver on the terms and structure the Company required.”

The PM Pediatrics transaction represents Breakaway Capital Partners Fund’s fifth investment in 2015. Warren Woo, Founding Partner of Breakaway Capital said, “This transaction is representative of Breakaway’s strategy to provide complete one-stop debt and equity financing solutions for well managed lower middle market companies.”

About Breakaway Capital

Breakaway Capital is a private investment firm based in Los Angeles with approximately $50 million of committed capital under management. Focused on companies with up to $5 million of EBITDA, Breakaway provides senior debt, subordinated and mezzanine debt, unitranche structures, structured equity and common equity to companies for leveraged buyouts, acquisitions, recapitalizations, restructurings and growth capital for both sponsored and non-sponsored transactions. For more information, please go to www.breakawaycap.com or contact us at info@breakawaycap.com.