TCW Steel City (“Steel City”) announces it served as lead arranger and administrative agent for the recapitalization of Lone Peak Dental Group (“Lone Peak”). Headquartered in Englewood, Colorado, Lone Peak is a Dental Partnership Organization, with more than 75 offices across 14 states. The Steel City-led financing was $170 million, which included a term loan, revolver and delayed draw term loan to support future acquisitions. “This recapitalization positions Lone Peak to accelerate our growth while staying true to our mission of increasing access to care in the communities we serve,” said Ray Caruso, CEO of Lone Peak Dental Group.
Read the full article: TCW Steel City Serves as Lead Arranger, Administrative Agent on Recapitalization of Lone Peak Dental Group //
Source: https://www.prnewswire.com/news-releases/tcw-steel-city-serves-as-lead-arranger-administrative-agent-on-recapitalization-of-lone-peak-dental-group-302819118.html