P1 Dental Partners lands new credit facility, led by Synovus
Summary
INDIANAPOLIS, IN, UNITED STATES, July 13, 2023/ EINPresswire.com / -- P1 Dental Partners, a Patient-First & Provider-Led Dental Partnership Organization, (P1 or the Company) successfully closed its new Senior Secured credit facility led by Synovus, with participation by Wintrust Financial, and Modern Bank. The financing will be used to refinance the Companys current debt and support near-term acquisitions.What a great team! The practices have a distinctive culture that enables high quality outcomes, generates patient loyalty, and creates provider and staff enthusiasm. We are excited about this winning combination.Were thrilled to be working with Synovus on this refinance, we feel P1 is set up to continue to grow and have the proper capital support it needs to navigate todays ever-changing macro environment. said DJ Lipke, Principal at Prairie Capital.Founded in December 2020, P1 began with 26 practices across the State of Indiana.