Oxford Finance LLC (“Oxford”), a specialty finance agency that supplies senior personal debt to health care products and services and daily life sciences providers throughout the world, right now declared the closing of a $107 million senior credit facility to Specialty Dental Brands (“SDB” or “the Enterprise”) a dental companies group targeted on pediatric dentistry, orthodontics, and oral surgical procedures.
Proceeds from the transaction have been used to fund 4 different incorporate-on acquisitions. Oxford initially supplied SDB with a $74 million senior credit rating facility in September 2020. Inclusive of the closing day acquisitions, Oxford has financed 6 increase-on acquisitions for SDB because its authentic expenditure in the organization.
SDB was started in 2017 by Leon Funds Team in partnership with SDB management with the objective to develop a top community of youth-concentrated dental tactics that provide individual care from infancy until finally adulthood.
“The upsizing of our determination to SDB was one more instance of Oxford supporting the growth of its shoppers,” mentioned Tracy S. Maziek, head of healthcare companies at Oxford Finance. “SDB’s acquisitive strategy required a flexible financial institution with the skill to transfer quickly and decisively.”
“Oxford bought up to pace on quite a few complicated transactions with several moving components and seamlessly delivered the financing by 12 months-finish,” explained Chris Scales, CFO of SDB.
“These acquisitions materialized swiftly but ended up critical to our all round growth system,” additional Hunter Dallas, a running director at Leon Cash Team. “Consistent with our original closing, Oxford was productive and thoughtful in their structuring process, guaranteeing a shut on a small timeline when delays could have jeopardized these crucial acquisitions.”
About Oxford Finance LLC
Oxford Finance is a specialty finance company delivering senior secured financial loans to community and private existence sciences and health care companies firms worldwide. For more than 20 years, Oxford has shipped flexible financing answers to its consumers, enabling these companies to maximize their equity by leveraging their belongings. In recent a long time, Oxford has originated over $6 billion in financial loans, with strains of credit score ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with supplemental places of work in San Diego, Calif. Palo Alto, Calif. and the bigger Boston and New York City regions. For more data, pay a visit to https://oxfordfinance.com/
About Specialty Dental Makes
Specialty Dental Models (“SDB”) is a specialty centered dental services organization dedicated to serving affiliated Orthodontists, Pediatric Dentists, and Oral Surgeons with an emphasis on youth client care. SDB is a hybrid assistance group that brings together the ideal of non-public follow coupled with the strengths of expert enterprise management. SDB’s spouse medical doctors retain 100% scientific autonomy although SDB presents priceless business aid products and services so that clinical groups are absolutely ready to focus on client care. To discover much more, stop by https://specialtydentalbrands.com/
About Leon Capital Group
Leon Capital Team (“LCG”) is a diversified investment organization with a target on health care, technology, and true estate. LCG companions with business people and management teams in the reduce center current market to establish terrific companies by supplying funds, business progress know-how, and strategic assistance. Located in Dallas, Texas, LCG seeks to invest in fantastic companies usually as the initial institutional cash to push scale by way of the versatility of a spouse and children office coupled with an working partner mentality. To learn far more, check out https://leoncapitalgroup.com/private-fairness/
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Oxford Finance LLC