Daily News: October 26, 2012

Babson Provides Sub-Debt, Equity to Support Linden Recap


Babson Capital Management announced it provided a combination of subordinated debt and equity to support Linden Capital Partners’ recapitalization of Northwestern Management Services (NMS). Babson said it served as the lead provider of subordinated debt on the transaction.

NMS is a dental practice management company that provides comprehensive management and administrative services and facilities for Boca Raton, FL-based Gentle Dental Group, a branded, upscale retail-based dental services organization with 21 offices in Southeast Florida.

Chicago, IL-based Linden Capital Partners is a private equity firm focused exclusively on leveraged buyouts in the healthcare and life science industries.

Springfield, MA-based Babson Capital Management and its subsidiaries serve institutional investors around the globe and have $149 billion in assets under management as of June 30, 2012.