Oxford Finance Prospects $107 Million Upsize Funding for Specialty Dental Brands
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ALEXANDRIA, Va. & NASHVILLE, Tenn.–(Small business WIRE)–Oxford Finance LLC (“Oxford”), a specialty finance agency that gives senior personal debt to health care solutions and everyday living sciences businesses around the globe, right now declared the closing of a $107 million senior credit history facility to Specialty Dental Makes (“SDB” or “the Company”) a dental services group centered on pediatric dentistry, orthodontics, and oral operation.
Proceeds from the transaction were utilized to fund 4 different include-on acquisitions. Oxford initially offered SDB with a $74 million senior credit history facility in September 2020. Inclusive of the closing date acquisitions, Oxford has financed six increase-on acquisitions for SDB considering that its first expense in the company.
SDB was launched in 2017 by Leon Funds Team in partnership with SDB management with the objective to develop a top community of youth-focused dental methods that present affected person treatment from infancy until eventually adulthood.
“The upsizing of our commitment to SDB was yet another case in point of Oxford supporting the growth of its shoppers,” claimed Tracy S. Maziek, head of healthcare companies at Oxford Finance. “SDB’s acquisitive tactic demanded a versatile loan company with the capacity to move promptly and decisively.”
“Oxford got up to pace on a number of sophisticated transactions with multiple shifting sections and seamlessly sent the financing by yr-conclude,” said Chris Scales, CFO of SDB.
“These acquisitions materialized speedily but were being vital to our general growth system,” additional Hunter Dallas, a managing director at Leon Funds Group. “Consistent with our unique closing, Oxford was economical and thoughtful in their structuring procedure, guaranteeing a near on a small timeline when delays could have jeopardized these critical acquisitions.”
About Oxford Finance LLC
Oxford Finance is a specialty finance business giving senior secured loans to general public and private life sciences and healthcare companies corporations globally. For about 20 decades, Oxford has sent adaptable funding solutions to its consumers, enabling these firms to increase their fairness by leveraging their property. In the latest a long time, Oxford has originated in excess of $6 billion in loans, with traces of credit rating ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with more places of work in San Diego, Calif. Palo Alto, Calif. and the better Boston and New York Town regions. For more details, take a look at https://oxfordfinance.com/
About Specialty Dental Brand names
Specialty Dental Models (“SDB”) is a specialty concentrated dental support firm committed to serving affiliated Orthodontists, Pediatric Dentists, and Oral Surgeons with an emphasis on youth affected individual care. SDB is a hybrid assistance organization that combines the greatest of non-public follow coupled with the strengths of professional enterprise administration. SDB’s companion medical professionals sustain 100% scientific autonomy although SDB delivers invaluable business enterprise aid providers so that clinical teams are absolutely capable to focus on client treatment. To study additional, visit https://specialtydentalbrands.com/
About Leon Money Group
Leon Money Team (“LCG”) is a diversified investment decision agency with a emphasis on healthcare, engineering, and genuine estate. LCG companions with business owners and management teams in the reduce middle market to make wonderful enterprises by offering funds, small business development knowledge, and strategic guidance. Located in Dallas, Texas, LCG seeks to commit in excellent organizations typically as the very first institutional cash to travel scale by way of the versatility of a loved ones business office coupled with an working companion mentality. To find out a lot more, check out https://leoncapitalgroup.com/private-equity/