MB2 Dental (“MB2” or the “Company”), a leading dental partnership organization, has announced the closing of an amendment to the Company’s existing debt facility, establishing a new delayed-draw term loan (“DDTL”) in the aggregate principal amount of $150 million. MB2 also completed a successful fundraise for its ninth internal investment “sidecar” vehicle, totaling a record $20 million. Since the inception of “sidecar” investments, MB2 doctor partners have invested over $75 million to help fuel the Company’s growth. The funding will be deployed towards upcoming acquisitions, expanding MB2’s current network of over 550 practices across 38 states.
Read the full article: MB2 Dental Secures $150M Debt Facility and Raises $20M from Doctor Partners to Fuel Growth //
Source: https://www.prnewswire.com/news-releases/mb2-dental-secures-150-million-debt-facility-and-raises-20-million-from-doctor-partners-to-fuel-growth-301813430.html