o15 Capital Partners, through its o15 Emerging America Credit Opportunities fund, provided incremental debt financing and an equity co-investment totaling $25 million to a dental services organization (DSO) primarily serving pediatric Medicaid patients to provide runway for future growth.
“The leaders of the company have outlined a compelling growth strategy across a specialized market including a large, diverse and underserved patient base aligning well with our impact themes,” Kenneth Saffold, managing partner at o15, said.
“We feel extremely confident in supporting the company’s next phase of growth as the team pursues opportunities to further expand its geographical footprint, and we hope to further support the company with additional capital for future growth,” Brian Morris, chief investment officer at o15, said.
“We are excited to provide capital in a collective effort to further diversify the company’s existing service offerings and support their history of providing excellent care to its diverse patient base across their respective local communities,” Javier Davila, principal at o15, said.
