Little Rock, Ark.-based Rock Dental Brands secured $90 million in private equity funding to fuel its expansion efforts, Talk Business & Politics reported Dec. 2.
Six notes:
1. TPG Twin Brook Capital Partners provided $50 million in senior debt financing, while Audax Private Debt provided $40 million in mezzanine financing.
2. The funds will help Rock Dental Brands expand in Arkansas, Missouri, Tennessee, Florida and Alabama.
3. The DSO currently supports 109 general and specialty dentistry offices.
4. The DSO also recently added two locations in Birmingham, Ala.
5. Along with the investments and partnerships, the company also announced it hired Spencer Lunghino as its new chief development officer.
6. Mr. Lunghino previously served as the vice president of growth for Southern Veterinary Partners.