White Oak Healthcare Finance acted as sole lender and administrative agent on a senior credit facility for HighFive Healthcare, a specialty dental service organization (DSO) focused on acquiring high production endodontics and oral surgery dental practices in the Southeast.
“There is a very big need for specialty DSOs in the marketplace, as they relieve specialists from administrative burdens, freeing them to focus solely on the practice of medicine,” Ross Eldridge, executive vice president and chief originations officer at White Oak, said. “We are specifically very supportive of HighFive’s focus on specialties that are essential and non-discretionary and look forward to being their partner as they continue to grow.”
Founded in 2018 and based in Birmingham, AL, HighFive is a specialty DSO started by Chad Trull. HighFive is a multi-specialty organization that specifically works with oral surgeons and endodontist under a single portfolio company.
“It was great to work with the team at White Oak given their broad and deep experience in the sector. We consider the team at White Oak a long-term partner that can help HighFive achieve aggressive growth for years to come,” Trull said.