Here are five DSOs that have secured more than $730 million in funding since April 17:
1. Tempe, Ariz.-based Gen4 Dental Partners secured a $315 million credit facility to continue its growth and invest in technology. Since 2021, Gen4 has completed more than 45 acquisitions and the transaction will provide the company with more flexibility to expand further.
2. Southlake, Texas-based Allied OMS closed on a $116 million credit facility from four banks in the healthcare sector. The credit facility represents Allied OMS' first round of outside financing and will be used to fuel the organization's future growth, including the recruitment of more doctor partners and construction of de novo offices.
3. Miami-based Guardian Dentistry Partners received a growth capital investment to continue its growth and expansion into new regions. The investment, which is a combination of debt and equity securities, is intended to help the DSO reach its near-term financial and strategic goals.
4. The Smilist, a DSO based in Great Neck, N.Y., closed on a $285 million unitranche debt facility to continue its expansion. The debt facility includes a commitment of nearly $100 million of new growth capital to fund the company's acquisitions and business development initiatives.
5. Nashville, Tenn.-based Endodontic Practice Partners secured a $20 million upsizing of its existing senior debt facility. The specialty partnership organization plans to use the additional capital to continue affiliating with endodontic practices and fund business initiatives in order to improve its offerings to current partners.