CHICAGO, July 30, 2024 /PRNewswire/ -- Thurston Group, a
leading healthcare-focused private equity firm, is pleased to
announce placement of a new $350
million credit facility at its portfolio company, SGA Dental
Partners. As the leading dental support organization focused on
serving Southeast communities, SGA Dental Partners is poised to
capitalize on this substantial capital infusion to support its
ongoing efforts to expand its practice network and enhance patient
care.
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Dan Davis, Managing Partner of
Thurston Group, the private equity sponsor of SGA Dental Partners,
expressed his enthusiasm for the funding achievement. "We are
thrilled to support SGA Dental Partners in this significant
milestone," said Mr. Davis. "This funding will enable SGA to
continue to build on its successful track record of growth and
reinforce its commitment to delivering high-quality dental care to
communities in the southeastern United
States. Our partnership with SGA Dental Partners reflects
our confidence in their focused strategy and dedicated team. We
thank our financial partners for their support of SGA Dental
Partner's next phase of growth through this new credit
facility."
Jordan DiNola, CEO of SGA Dental
Partners, also shared his excitement about the new financing.
"Securing this substantial investment is a testament to the
strength of our business model and the dedication of our team,"
said Mr. DiNola. "With this funding, we are well-positioned to
accelerate our growth, invest in cutting-edge technology, and
expand our footprint to better serve our patients and communities.
We are grateful to our lender partners for their confidence and
investment, and to Thurston Group for their unwavering
support."
Overland Advantage, Man Varagon, and Jefferies served as Joint
Lead Arrangers and Bookrunners on the transaction.
About Thurston Group
Thurston Group is a private equity firm that focuses on building
industry-leading companies in the healthcare services sector.
Founded by its Chairman and CEO Patrick J.
Haynes III in 1986, Thurston Group has returned more than
$4 billion of invested capital in its
38-year history. Thurston has an extensive track record of
partnering with physicians and building fast-growing businesses,
including Smile Doctors, US Endodontics Partners, US Oral Surgery
Management, SGA Dental Partners, US Orthopaedic Partners, Gen4
Dental Partners, ARC Health, Options Medical Weight Loss, Alpha
Aesthetics Partners, and Modis Dental Partners, among others.
About SGA Dental Partners
SGA Dental Partners is the leading dental support organization
focused on serving communities in the Southeast United States through its network of
over 125 general and specialty dentistry practices throughout the
region, employing a shared-ownership model with its dentist
partners. In partnership with its over 200 dentists and their
teams, SGA Dental Partners drives growth through its focus on
exceptional care and superior patient experience in the communities
it serves.
For media inquiries, please contact:
Sam Ticker
Vice President
Thurston Group
(312) 255-0077
saticker@thurstongroup.com
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SOURCE Thurston Group