DALLAS–(BUSINESS WIRE)–Surge Private Equity LLC (“Surge”) declares the acquisition of Bridget R. Burris, D.D.S., P.C. (“Burris PC” or the “Firm”), a multi-million greenback dentistry operation in New Mexico by Dallas-based Access Dental Management LLC (“Entry Dental”), its healthcare platform. The deal closed with debt financing supplied by Corbel Capital Partners (“Corbel”).
Based in 1987, Burris PC gives state-of-the-art dental care and remedy with a concentrate on household dentistry. The Firm presents beauty dentistry, restorative procedures, orthodontics, and preventative remedy together with different common dentistry companies to households in Las Cruces and the encompassing communities of El Paso, Alamogordo, and Deming.
The transaction marks Entry Dental’s entry into the New Mexico market and constitutes the fifth add-on acquisition closed by the DSO to this point in 2021.
Troy Griffis, Entry Dental’s Chief Monetary Officer, added: “This acquisition offers Entry Dental a presence in New Mexico and additional builds out our cluster in El Paso given its proximity. We’re excited to construct upon the Firm’s 34-year monitor report of high-quality dental care and wonderful customer support.”
About Surge Personal Fairness
Surge Personal Fairness is a Dallas-based non-public fairness agency that seeks majority investments in rising companies with $2-7.5MM of EBITDA. Along with its lending companions, Surge gives entrepreneurs with liquidity and buyers with greater yields and better accessibility via decrease funding minimums. Surge primarily invests in corporations the place the vendor will stay in an ongoing capability.
About Entry Dental Administration
Established in 2008, Entry Dental is a Texas community-driven dental assist group (“DSO”) with clinics all through the nation. Every apply is a multi-specialty clinic; companies provided embody diagnostic, preventative, restorative, endodontics, periodontics, prosthodontics, oral surgical procedure, orthodontics, and adjunctive companies. By inexpensive dental options, high-quality care and compassion, Entry strives to construct lasting connections that affect the neighborhood it serves.
About Corbel Capital Companions
Based in 2013, Corbel Capital Companions is a Los Angeles-based unbiased funding agency that makes non-control investments within the type of creatively tailor-made structured debt or fairness securities in decrease market companies. Corbel manages roughly $500 million of institutional capital throughout three funds on behalf of its community of buyers.
