Leading dental partnership organization (DPO), MB2 Dental, has closed a US$2.344 billion unitranche debt facility with credit vehicles and accounts managed by KKR – which acted as Lead Investor and Arranger on the transaction.
This round will be used for funding upcoming acquisitions and future growth for the company, following a record year of growth in 2023 with 150 new partnerships.
KEY QUOTE:
“MB2 Dental’s access to this new credit facility demonstrates a true endorsement of our strong historical performance and confidence in our growth pipeline. We are seeing unprecedented interest in our partnership model that allows doctors to combine the benefits of joining a larger community with the independence that they love about private practice. The new financing will further accelerate our ability to disrupt the dental profession and continue our nationwide expansion as the fastest-growing dental group in the country.”
- Chris Steven Villanueva, founder and chief executive officer at MB2 Dental
