Comvest Credit Partners (“Comvest”), a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent and Sole Lender on a $153 million senior secured credit facility (the “Financing”) for Oak Dental Partners (“Oak Dental”, or the “Company”), an Atlanta-based dental service organization (DSO). The Financing will be used to refinance the Company’s existing debt and support near-term acquisitions. Comvest also made an equity co-investment in the business. Founded in 2015, Oak Dental focuses on the acquisition and development of pediatric, family dental, and orthodontic practices located primarily in the Southeast. Oak Dental currently partners with 55 affiliated practices across nine states, providing a full suite of non-clinical business support services.
Read the full article: Comvest Credit Partners Provides $153M Senior Credit Facility to Oak Dental Partners //
Source: https://comvest.com/comvest-credit-partners-provides-153-million-senior-credit-facility-to-oak-dental-partners