TD Bank Provides $7.4M in Financing to Help Endeavor Dentistry Acquire Five Practices in NY and NJ

TD Bank’s Healthcare Practice Solutions Group provided $1.3 million in financing to help Endeavor Dentistry acquire A Perfect Smile Dental Arts in Waldwick, NJ. This is the fifth dental practice acquisition TD Bank has financed for the dental group, bringing total lending to $7.4 million. TD’s financing for the 2,800-square-foot Waldwick, NJ dental practice included a $665,000 term loan for the practice acquisition and permanent working capital. The dental group also received a $580,000 commercial real estate mortgage to finance the purchase of the practice real estate. Read more.

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HealthStream Acquires CloudCME for $8M

HealthStream, a provider of workforce and provider solutions for the healthcare industry, completed its acquisition of the remaining equity interest of CloudCME, a Nashville-based healthcare technology company with a nationwide customer base. HealthStream originally invested in CloudCME in March 2019 when it purchased approximately 20 percent of the equity interest in the company.