ALEXANDRIA, Va. & BRENTWOOD, Tenn.–(Business enterprise WIRE)–Oxford Finance LLC (“Oxford”), a main specialty finance business targeted on healthcare expert services and life sciences businesses worldwide, nowadays announced the closing of a senior credit score facility and revolving line of credit history to Endodontic Apply Associates (“EPP” or “the Firm”), a River Towns Cash (“River Cities”) portfolio company.
Proceeds from the transaction will be employed to finance acquisitions, refinance existing credit card debt, and deliver ongoing working cash and advancement money wants. Oxford Finance is the sole direct arranger and administrative agent in the transaction.
EPP provides specialised business resources to meet every of its affiliated endodontic practices’ exceptional desires. The Firm’s founders have a blended 60 yrs of scientific and operational know-how in dentistry and are committed to generating a nationwide community of major endodontic methods by supplying shared sources and infrastructure to aid tactics grow and do well below their specific brand.
“EPP was established to offer globe-course assist and meet the exclusive wants of endodontists,” explained Tracy S. Maziek, head of health care solutions at Oxford. “The affiliated endodontists are in a position to target on medical competencies and individual treatment whilst EPP supports the company side of their follow. With the backing of an set up, healthcare-focused sponsor, the Business is positioned for regular progress in further markets.”
“We are happy to associate with River Metropolitan areas and Oxford—both firms are distinguished with intensive knowledge in the healthcare field,” commented Sam Hutcheson, CEO of EPP. “The supplemental funds will allow for EPP to keep on welcoming new methods and further more guidance our affiliated endodontists who get all the added benefits of joining a more substantial team of experts while maintaining equity and command of their follow.”
“Oxford’s assist has been essential in our overall growth system,” added Parag Rathi of River Towns Capital. “The team was efficient in securing the suitable financing phrases for our requires and speedily recognized EPP’s interesting market market.”
About Oxford Finance LLC
Oxford Finance is a specialty finance firm offering senior secured loans to public and private lifetime sciences and health care services providers throughout the world. For more than 20 yrs, Oxford has sent adaptable funding methods to its clientele, enabling these corporations to maximize their equity by leveraging their assets. In the latest yrs, Oxford has originated over $6 billion in loans, with lines of credit score ranging from $5 million to $150 million. Oxford is headquartered in Alexandria, Va., with added offices in San Diego, Calif. Palo Alto, Calif. and the better Boston and New York Metropolis areas. For more information, stop by https://oxfordfinance.com
About Endodontic Follow Associates
A person of the fastest escalating aid companies in the U.S., Endodontic Observe Associates is setting up a network of private endodontic tactics that strive to provide ideal-in-class patient experiences. We collaborate with our endodontic companions to present small business guidance in parts the place it will reduce administrative burden to enhance individual care, the affected person knowledge, and push price for the practices. Our affiliated endodontists sustain their individuality so they go on to take care of patients under their manufacturer with the energy of EPP guiding them, supporting them understand their aims and vision faster. Master much more on our web-site: http://www.endopracticepartners.com.
About River Cities Cash
River Metropolitan areas (RCC) is a expansion equity company developing substantial-opportunity health care companies by leveraging the unique interaction of our segments of emphasis: medical device, health care services and healthcare IT. We are focused to investing on the appropriate facet of health care, expanding companies that empower clinicians to boost the shipping of treatment and the experiences and outcomes for the clients. We request to be a small business companion initial and a money company next, investing substantial human capital to leverage our area abilities, a network of healthcare believed leaders and deep relationships with health methods assembled above our 27-yr record. For far more data, make sure you take a look at rccf.com.
