Main Street Capital partnered with the DSO’s founder and a private investment group to complete the $12.8 million investment, according to a Feb. 20 news release from Main Street.
The $12.8 million will facilitate the recapitalization of the DSO and is a combination of first lien, senior secured debt and a direct equity investment.
The DSO was founded in 2015 and has multiple practices focused on same- and next-day care across midsize metropolitan areas and cities.
Main Street is a principal investment firm with more than 190 cumulative investments and manages more than $6.8 billion, the release said.
