Oxford Finance Leads $107 Million Upsize Financing for Specialty Dental Brands | Business & Finance

Proceeds from the transaction were used to fund 4 separate increase-on acquisitions. Oxford at first presented SDB with a $74 million senior credit facility in September 2020. Inclusive of the closing date acquisitions, Oxford has financed six add-on acquisitions for SDB given that its initial expenditure in the small business.

SDB was started in 2017 by Leon Capital Group in partnership with SDB administration with the target to produce a primary community of youth-focused dental tactics that offer patient treatment from infancy till adulthood.

“The upsizing of our commitment to SDB was an additional illustration of Oxford supporting the advancement of its buyers,” said Tracy S. Maziek, head of health care companies at Oxford Finance. “SDB’s acquisitive tactic expected a adaptable lender with the ability to move promptly and decisively.”

“Oxford received up to velocity on several complex transactions with various shifting areas and seamlessly shipped the funding by yr-conclude,” stated Chris Scales, CFO of SDB.

“These acquisitions materialized rapidly but have been important to our total advancement strategy,” added Hunter Dallas, a running director at Leon Capital Team. “Consistent with our unique closing, Oxford was economical and thoughtful in their structuring method, making certain a shut on a quick timeline when delays could have jeopardized these critical acquisitions.”

Oxford Finance is a specialty finance business furnishing senior secured financial loans to community and personal existence sciences and healthcare solutions corporations throughout the world. For about 20 a long time, Oxford has delivered versatile financing solutions to its consumers, enabling these corporations to optimize their fairness by leveraging their belongings. In the latest yrs, Oxford has originated more than $6 billion in loans, with strains of credit score ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with added workplaces in San Diego, Calif. Palo Alto, Calif. and the larger Boston and New York Town places. For extra information and facts, pay a visit to https://oxfordfinance.com/

About Specialty Dental Manufacturers

Specialty Dental Brands (“SDB”) is a specialty focused dental assistance organization devoted to serving affiliated Orthodontists, Pediatric Dentists, and Oral Surgeons with an emphasis on youth patient care. SDB is a hybrid guidance business that combines the best of non-public exercise coupled with the strengths of experienced enterprise administration. SDB’s companion doctors manage 100% medical autonomy although SDB gives a must have organization help products and services so that scientific teams are completely capable to target on affected person treatment. To discover far more, go to https://specialtydentalbrands.com/

Leon Funds Team (“LCG”) is a diversified expense agency with a emphasis on healthcare, know-how, and actual estate. LCG companions with entrepreneurs and management groups in the lessen middle market place to construct excellent firms by giving capital, small business improvement expertise, and strategic assist. Positioned in Dallas, Texas, LCG seeks to commit in outstanding companies typically as the first institutional cash to generate scale by means of the versatility of a spouse and children place of work coupled with an running lover mentality. To study additional, pay a visit to https://leoncapitalgroup.com/private-equity/

Search term: UNITED STATES NORTH The usa TENNESSEE VIRGINIA

Business Key phrase: Qualified Providers Health OTHER Skilled Expert services Apply Administration OTHER Health DENTAL FINANCE

Resource: Oxford Finance LLC

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PUB: 01/13/2021 10:12 AM/DISC: 01/13/2021 10:13 AM