Community Dental Partners (CDP), a leading pediatric dental support organization (DSO), has secured a senior credit facility from White Oak Healthcare Finance. This funding will fuel CDP’s expansion into new states and strengthen its support for dentists serving underserved communities.
Boathouse Capital, a private equity firm and the current owner of CDP, played a key role in facilitating this partnership. White Oak’s deep understanding of the healthcare and dental sectors, combined with their appreciation for CDP’s unique platform, made them the ideal financing partner. This strategic alliance underscores the growing need for specialized DSOs like CDP, which alleviate administrative burdens for dental professionals, allowing them to focus on patient care.
CDP, founded in 2010 and headquartered in Denton, Texas, currently supports over 70 pediatric dental practices across Texas, Georgia, and Indiana. The organization’s innovative model empowers dentists with clinical and business guidance, technological resources, and strategic partnerships, enabling them to enhance their practices and better serve their communities. The funding from White Oak will enable CDP to significantly expand its reach, providing essential resources to more dentists and ultimately improving access to quality dental care for underserved populations. Emmet Scott, CEO of Community Dental Partners, emphasized that this financing will facilitate a broader footprint across more states, supporting a growing number of entrepreneurial dentists committed to serving these communities.
Expanding Access to Care in Underserved Communities
White Oak Healthcare Finance, known for its expertise in healthcare lending, recognized the critical role CDP plays in providing access to dental care. Ross Eldridge, EVP and Chief Originations Officer at White Oak, highlighted the significant need for specialty DSOs, particularly in pediatrics. He praised CDP as one of the largest clinically entrepreneurial-focused DSOs dedicated to supporting dentists who treat underserved patients.
A Partnership Built on Shared Values
Both Boathouse Capital and CDP expressed their satisfaction with the partnership. Andrew Olsen, Partner at Boathouse, commended White Oak’s thorough understanding of CDP’s business model and its differentiation in the market. This collaboration reflects a shared commitment to supporting the growth of innovative healthcare organizations that deliver crucial services to underserved communities.
This strategic partnership between Community Dental Partners and White Oak Healthcare Finance represents a significant step towards expanding access to quality pediatric dental care across the United States. The funding will empower CDP to continue its mission of supporting dentists and improving the oral health of children in underserved areas. The collaboration exemplifies the positive impact that strategic partnerships can have on addressing healthcare disparities and improving community well-being.
