$20 Million in New Debt Capital to Fuel Growth of the Specialty Partnership Organization Amid Challenging Market Conditions
Endodontic Practice Partners (EPP), a Nashville-based specialty partnership organization, announces the securing of an upsized senior debt facility from its existing lending partner, TPG Twin Brook Capital Partners, bolstering EPP’s financial position to accelerate its expansion plans.
The transaction, which closed on April 5, with TPG Twin Brook Capital Partners (“TPG Twin Brook”) and sponsored by RC Capital, raised an additional $20 million of committed senior debt financing to continue the impressive growth trajectory of EPP. Affiliating with its first practice in 2020, Endodontic Practice Partners has endured unprecedented market conditions while growing to 71 locations and over 100 doctors. Best-in-class endodontic specialists are partnering with EPP to build a company that adds value for patients and each other.
“With this $20 million in additional senior debt financing, we believe we are well positioned to continue executing on our business model and further drive the value we bring to endodontists that choose to partner with EPP,” states Sam Hutcheson, CEO of Endodontic Practice Partners. “Despite the prevailing economic headwinds, EPP has executed on strong organic and new affiliate growth and remains steadfast in its dedication to delivering unparalleled operational support to our affiliates while growing density in our nine markets.”
This financing will be used exclusively to pursue new affiliations with endodontic practices, drive market penetration, and fund key business initiatives to enhance EPP’s service offerings to existing partners.
Endodontic Practice Partners (EPP) exclusively focuses on affiliating with endodontic practices in defined market areas, focusing on density in a market to capture the most value for partners. With an award-winning, 30-year practicing endodontist as a co-founder, EPP was founded on and remains true to its commitment to clinical excellence, patient care, and exuding core values (integrity, innovation, compassion, service, and partnership) to guide the company’s growth. Partner endodontists receive the administrative support necessary to reduce their operational burden and allow them to re-focus on patient care retaining clinical autonomy.
About Endodontic Practice Partners
One of the fastest growing support organizations in the U.S., Endodontic Practice Partners is building a network of private endodontic practices that strive to deliver best-in-class patient experiences. We collaborate with our endodontic partners to provide business support in areas where it will reduce administrative burden to enhance patient care, the patient experience, and drive value for the practices. Our affiliated endodontists maintain their individuality so they continue to treat patients under their brand with the strength of EPP behind them, helping them realize their goals and vision sooner. Learn more on our website: https://www.endopracticepartners.com.
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