Little Rock, Ark. (Sept. 22, 2022) — Rock Dental Brands announced today that the dental practice management organization has secured $45 million of additional committed debt financing from its current lending partner, Chicago-based Twin Brook Capital Partners. The increased commitment will provide Rock Dental with debt capital for additional acquisitions as Rock Dental continues to focus on expanding its footprint.
The increased financing facility is reflective of the strong and consistent economic performance of Rock Dental in recent years and its continuing growth. In the past 12 months, the company has affiliated with 14 additional clinics in Arkansas, Tennessee, Missouri and most recently in Alabama. That expansion brought the number of dental offices partnered with Rock Dental Brands to 98.
In 2021 alone, Twin Brook Capital Partners committed $3.5 billion to private equity sponsors in support of health care transactions, completing 60 health care transactions across 33 sub-sectors of the industry.
“Rock Dental will continue to expand its footprint in order to bring quality oral health care to as many individuals as possible, and upsizing the facility with Twin Brook is an integral part of that plan,” said Rock Dental CEO Kristi Crum. “We are committed to smart, stable expansion. An upsized debt facility speaks to our track record as a growth-focused organization.”
“We’re pleased to provide financing to support Rock Dental’s growth strategy and look forward to continuing to work with the team as they further scale and expand their business,” said Faraaz Kamran, senior partner at Twin Brook Capital Partners.
For more information, visit us online at rockdentalbrands.com
About Rock Dental Brands
Rock Dental Brands is a progressive practice management group, started by dentists, that provides support to general dentistry and dental specialist affiliates. Our partnerships include Westrock Orthodontics, Leap Kids Dental, Rock Family Dental and Impact Oral Surgery and a host of other independent brands. For more information about Rock Dental Brands, visit RockDentalBrands.com.
About Twin Brook Capital Partners
Twin Brook Capital Partners is a direct lending finance company focused on providing cash-flow based financing solutions for the middle market private equity community. The firm is managed by highly experienced, dedicated professionals who have successfully worked together throughout their careers at leading middle market lending institutions. Twin Brook’s flexible product suite allows for tailored financing solutions for leveraged buyouts, recapitalizations, add-on acquisitions, growth capital and other situations. For more information, visit twincp.com.