13 DSO investments totaling $3.5B+ in 2024

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Here are 13 DSO and dental group deals, including credit facility expansions and growth capital investments, totaling more than $3.5 billion, as reported by Becker’s in the first six months of 2024:

1. St. Louis-based Oral Surgery Partners secured a credit expansion of $75 million in June and a credit expansion of $400 million in January.

2. Tempe, Ariz.-based Gen4 Dental Partners secured a $315 million credit facility.

3. Southlake, Texas-based Allied OMS closed on a $116 million credit facility from four banks in the healthcare sector.

4. Miami-based Guardian Dentistry Partners received a growth capital investment to continue its growth and expansion into new regions.

5. The Smilist, a DSO based in Great Neck, N.Y., closed on a $285 million unitranche debt facility to continue its expansion.

6. Nashville, Tenn.-based Endodontic Practice Partners secured a $20 million upsizing of its existing senior debt facility.

7. San Antonio-based 7to7 Dental received a strategic investment from GTCR and Avryo Health Services.

8. Fort Lauderdale, Fla.-based Vitana Pediatric & Orthodontic Partners secured an expansion and upsizing of its existing debt facility.

9. Houston-based Main Street Capital Corporation completed a $12.8 million portfolio investment in a DSO based in the Midwestern U.S.

10. Dallas-based MB2 Dental closed on a $2.34 billion unitranche debt facility to fund acquisitions and future growth.

11. Fort Worth, Texas-based Five Point Dental Specialists received investments from Tecum Capital and Hilltop Opportunity Partners.

12. Denver-based Lone Peak Dental Group received an investment from BlackRock and Houston-based Memorial Hermann Health System.