Modivcare Raises $105 Million in Incremental Financing Backed by Stakeholders Across the Capital Structure and Takes Strategic Steps to Position Business for the Future
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Modivcare Inc. has raised $105 million in incremental financing and appointed Chad Shandler as Chief Transformation Officer to support future growth.
January 10, 2025 | 11:15 am
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Modivcare Inc. has raised $105 million in incremental financing and appointed a new Chief Transformation Officer, indicating strategic steps for future growth.
The $105 million financing provides Modivcare with additional capital to support its growth initiatives. The appointment of a Chief Transformation Officer suggests a focus on strategic changes to enhance business operations. These developments are likely to positively impact the company's stock price in the short term.
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