CHARLESTON, S.C.–(BUSINESS WIRE)–Ivy Asset Group, a leading private credit firm based in Charleston, South Carolina, announced that its Ivy Evergreen Fund has closed a debt financing agreement with Silver Creek Dental Partners, a Dental Service Organization (DSO) affiliated with prominent, long standing general dentistry practices in Southern California.
The strategic financing will support Silver Creek’s ongoing investments in its affiliated practices and fuel its continued expansion throughout the Southern California region.
“We’re thrilled to welcome Silver Creek Dental Partners to the Ivy Evergreen portfolio of advantaged businesses,” says Matt Taylor, Director of Investments at Ivy Asset Group. “This partnership aligns with our investment strategy of supporting growing businesses with strong management teams.”
Known for providing long-term, boutique-style management support, Silver Creek’s innovative approach has proven successful in growing markets across Southern California. Ivy Evergreen’s debt facility will support Silver Creek’s investments in current practices and its growth strategy in partnering with new dentists.
Founded in 2020 by Brad Starkweather, who previously held senior executive positions at Elite Dental Partners in Chicago, Silver Creek proudly provides non-clinical management services for twelve dental practices across Orange County, the Temecula Valley, and San Diego.
“This financing from Ivy Evergreen Fund provides us with the capital needed to accelerate our growth strategy while continuing to deliver exceptional support to our partner practices,” said Brad Starkweather, Founder and CEO of Silver Creek Dental Partners.