Dental Care Alliance Announces Strategic Transaction to Strengthen Financial Foundation and Support Long-Term Growth
Dental Care Alliance (“DCA” or the “Company”), one of the largest dental support organizations (DSOs) in the country, announced today that it has entered into an agreement with its existing lender group that significantly improves the Company’s financial condition and positions the Company for long-term growth. The transaction reduces the Company’s debt by more than $1.1 billion, provides DCA with $95 million of new capital, and extends the Company’s debt maturities to 2031. This strengthened financial foundation will support the Company’s plans to enhance practice support and meet its growth ambitions. The Company’s financial partners share DCA’s commitment to clinical and operational excellence and are aligned with the Company’s long-term vision.
