Hackensack, N.J.-based Max Surgical Specialty Management has secured a $77 million senior credit facility to fuel the company’s growth and expansion.
With the additional funding, the oral and maxillofacial platform will focus on forming new partnerships throughout the Northeast, according to an April 24 news release shared with Becker’s.
In conjunction with the financing, the company has partnered with Rothman and Kim Oral & Maxillofacial Surgery, which has locations in Philadelphia and Cinnaminson, N.J.
Since the start of 2024, Max has added 14 practice locations and 17 surgeons to its network and has nearly doubled its headcount to more than 300.
The company reached 25 total practices last November and supports surgeons across New Jersey, New York, Pennsylvania, Vermont and Connecticut.
The credit facility was provided by Freeport Financial Partners, a private equity investment firm, the release said.