TriStar Wellness Solutions, a health and wellness company that targets opportunities in the self-care and professional marketplace, and its wholly owned subsidiary HemCon Medical Technologies, Inc., has concluded a credit facility agreement with Sussex Associates LP.

The facility provides TriStar and HemCon with access to $1,000,000 in working capital. Sussex Associates LP is a Texas-based private equity firm whose goal is to provide investment in and working capital for high-quality growth companies in the areas of health and wellness, energy, and software.

TriStar and HemCon intend to employ the funds to continue the expansion in marketing operations and product development across all divisions. The combined companies’ offices and operations now include locations in Westport, CT, Portland, OR, Dublin, Ireland and the Czech Republic. The current strategy, to both acquire and organically develop healthcare products in wound care, women’s health and skin care, requires the working capital financial resources supplied by this credit facility. Increasing working capital is a key objective at this time to implement the companies’ strategies.

“This financial credit facility provided from an outside investment firm is an important milestone towards achieving our corporate objective to continue building our company with increasing marketplace activities,” said John Linderman, CEO of TriStar Wellness Solutions. “Furthermore, during this past year TriStar has made major commercial strides with our acquisition of HemCon and its foreign subsidiaries. HemCon designs and manufactures hemostatic bandages and dressings used by the military, hospitals, dental, and emergency medical services professionals globally to control bleeding. In addition we have also launched our Beaute de Maman product line which consists of beauty and wellness products for pregnant and nursing women.”