Nashville, Tenn.-based Marquee Dental Partners announced Feb. 4 that it had refinanced its existing credit facility.
Additionally, Marquee Dental Partners was able to secure funding from Crestline Investors, an investment firm in Fort Worth, Texas. With the funding, Marquee Dental Partners will continue to expand throughout the Southwest.
In 2019, Marquee Dental Partners completed seven acquisitions. The dental service organization plans to expand through acquisitions as well as de novo practices.
"Crestline's support is significant as we continue building dentistry in our core market of Nashville, and as we expand into other attractive growth markets," said Marquee Dental Partners CEO Fred Ward. "Our strong reputation for high engagement and support post acquisition is helping us develop a very strong pipeline. Consistent with our growth plan, we thought the time was right to pursue another round of financing. Crestline rose to the top because of their belief in our vision and confidence in our growth strategy. With their support, 2020 will be a transformative year for our company."