Community Dental Partners (CDP), a leading dental support organization with a focus on pediatric dental care and headquartered in Denton, Texas, has secured a significant senior credit facility from White Oak Healthcare Finance, LLC. This financing marks a pivotal moment for CDP as it plans to extend its reach and enhance its support for dentists serving communities across multiple states.
White Oak Healthcare Finance acted as the sole lender and administrative agent for this senior credit facility, demonstrating their confidence in CDP’s unique model and mission. Ross Eldridge, EVP and Chief Originations Officer at White Oak, highlighted the critical need for specialty DSOs, particularly in pediatric dentistry. He noted that CDP stands out by empowering clinicians to concentrate on patient care, alleviating administrative burdens. Eldridge emphasized CDP’s commitment to supporting dentists who treat underserved populations and geographies, providing essential dental resources to those who need them most.
Founded in Denton, TX, in 2010, Community Dental Partners has grown to support over 70 dental practices spanning Texas, Georgia, and Indiana. The organization is recognized for its clinically entrepreneurial approach, partnering with dentists to foster practice growth and improve patient outcomes.
Andrew Olsen, Partner at Boathouse Capital, CDP’s portfolio company, expressed his satisfaction with the collaboration with White Oak. He acknowledged White Oak’s expertise in healthcare and dental financing, stating that they “took the time to understand CDP’s business and appreciate the value and differentiation of the company’s platform.”
The financing from White Oak will enable Community Dental Partners Denton to accelerate its expansion into new states, according to Emmet Scott, CEO of Community Dental Partners. This growth will allow CDP to extend its platform of resources and support to a larger network of clinicians dedicated to serving patients in historically underserved communities. CDP’s model is specifically designed to support entrepreneurial dentists, providing them with the tools and infrastructure necessary to thrive.
About Community Dental Partners
Community Dental Partners, based in Denton, Texas, is a dentist-centric DSO committed to modernizing dental support. Created by dentists for dentists, CDP addresses the evolving needs of today’s dental practices. They offer an innovative partnership model that allows dentists to maintain and expand their practices while focusing on patient care. CDP provides comprehensive clinical and business guidance, technology integration, and essential resources, enabling dentists to concentrate on their passion for dentistry. By managing the business aspects of the practice, Community Dental Partners helps create a more fulfilling environment for dentists, ultimately benefiting the communities they serve.
About White Oak Healthcare Finance
White Oak Healthcare Finance, an affiliate of White Oak Global Advisors, is a specialized lender focused exclusively on the healthcare sector. With deep industry knowledge, White Oak provides flexible and tailored financing solutions across various healthcare subsectors, including services, pharmaceuticals, medical devices, and technology. Their product suite includes term loans, asset-based loans, real estate financing, and equipment financing. White Oak’s commitment to the healthcare industry and substantial capital base allows them to offer reliable, long-term financial partnerships.
About White Oak Global Advisors
White Oak Global Advisors is a leading alternative debt manager specializing in financing solutions for small and medium-sized enterprises. Offering over twenty lending products, WOGA supports businesses across all sectors, facilitating growth and recapitalization. With a disciplined investment approach, White Oak has deployed over $10 billion since 2007, building long-term relationships with borrowers and delivering risk-adjusted returns to investors.
About Boathouse Capital
Boathouse Capital, located outside Philadelphia, is a private equity firm investing in high-growth middle-market companies within SaaS/software, technology-enabled services, and healthcare IT/services. Boathouse partners with management teams to drive value creation and accelerate growth, leveraging a sector-focused investment strategy.
