Deloitte Corporate Finance LLC advises AXPM Dental Management, LLC on its capital raise with Goldman Sachs Specialty Lending Group L.P.
CHARLOTTE, N.C., July 6, 2017 — Deloitte Corporate Finance LLC (DCF) acted as exclusive financial advisor to Arkansas-based AXPM Dental Management, LLC d/b/a Rock Dental Brands (Rock Dental), on its recent debt financing with Goldman Sachs Specialty Lending Group, L.P. (GSSLG). Rock Dental, a leading multi-specialty dental service organization, engaged DCF to obtain financing for a series of strategic acquisitions and to refinance an incumbent lender.
After its recent acquisitions, Rock Dental now operates 69 practices in Arkansas and Missouri. The financing provided by GSSLG allowed Rock Dental to refinance an existing credit facility, close the aforementioned acquisitions and continue to execute on its strategic growth initiatives.
“As we continue with our acquisition strategy, Deloitte Corporate Finance has played an integral role in helping evaluate capital structure and financing options,” said Merritt Dake, CEO of AXPM Dental Management, LLC. “DCF provided invaluable insight regarding this type of transaction in the dental space and the appetite of capital markets, as well as thoughtful guidance throughout the entire process.”
John Deering, managing director, Deloitte Corporate Finance LLC, said, “Rock Dental’s reputation for providing high quality patient care, as well as its impressive track record of growth led to an excellent match with GSSLG, which has extensive experience in the health care sector.”
Tom Spivey, managing director, Deloitte Corporate Finance LLC, added, “Goldman Sachs’ debt facility will allow Rock Dental to further solidify its position as a leading dental service organization.”
About AXPM Dental Management, LLC, d/b/a Rock Dental Brands
Rock Dental is a leading dental service organization in Arkansas and Missouri, operating orthodontic, pediatric dental, oral surgery, and general dental clinics. The Little Rock-based company has its roots going back to 1986, when founder Dr. Mark Dake opened an orthodontic clinic in West Plains, Missouri. Focused on financial diligence, doctor collaboration, continuing education, and providing the highest quality of patient care possible, the Company grew through acquisitions and de novo clinic additions to what it is today – a fully integrated dental service organization operating four distinct brands under the Rock Dental umbrella. For more information, visit http://rockdentalbrands.com/.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth, and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investmentbanking.deloitte.com.
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