Irving, TX-based U.S. Oral Surgery Management, a specialty firm that manages back-office functions for dental surgeons, is getting an additional $150 million from its lenders to fund expansion.
It’s the second major credit expansion for the fast-growing firm in the last 12 months. In December, it received an additional $125 million from existing lenders, The Dallas Morning News reports.
Founded in 2017, U.S. Oral Surgery Management works with over 180 dental surgery practices in 26 states and provides operations, marketing and administrative support services. It aims to improve practices’ financial and clinical results.
“The credit markets continue to be more limited … and not all credit is equal,” said president and CEO Richard Hall in a statement. “Only companies with well-established track records and exceptional performance will successfully obtain access to growth capital at reasonable terms.” Read more.