Oral Surgery Partners Expands with $400M Credit, Acquisitions, and Top Hires

Oral Surgery Partners ("OSP"), a leading oral surgery management group backed by Sheridan Capital Partners ("SCP"), has announced significant developments aimed at expanding its operations. The company has successfully closed a $400+ million credit expansion, securing new partnerships with funds managed by Neuberger Berman and Aquarian Investments. This influx of capital will enable OSP to continue investing in its infrastructure, pursue strategic acquisitions, and strengthen its presence nationwide. Since SCP's initial investment in 2019, both SCP and OSP have been committed to accelerating growth by investing in people, systems, and processes. In 2023 alone, OSP added 17 practices across 11 states and welcomed a significant number of new surgeons to its platform. To support this rapid growth, OSP has also expanded its corporate team by hiring 25 new employees in finance, operations, marketing, human resources, and IT. The company has bolstered its C-Suite with the additions of a Chief Operating Officer and Chief Human Resources Officer. The additional capital injection represents a crucial step in OSP's growth strategy. CEO John Cline emphasizes that this funding is a testament to the quality platform that OSP has built. By strategically partnering with the right surgeon partners, OSP has been able to scale its operations while maintaining a strong focus on clinically-sound growth. This expansion will enable OSP to further enhance its ability to deliver exceptional patient care. Dr. Michael Parsons, Co-Founder of Oral Surgery Partners and an Oral Surgeon himself, takes pride in the surgeon-first culture that OSP has fostered. He acknowledges the invaluable support from the corporate team and Sheridan Capital Partners, which has enabled them to provide high-touch operational support to partner practices. This unique culture, combined with the expertise and resources of SCP, positions OSP as a leader in providing comprehensive management services for oral surgery practices. With surgical offices across 20 states, OSP serves as a vital support system for oral surgeons across the country. As part of their growth strategy, OSP is actively seeking new add-on acquisitions and recruiting talented surgeons to join their network. About Oral Surgery Partners Headquartered in St. Louis, MO, Oral Surgery Partners is a well-established management services provider for oral surgery practices. With a presence in over 70 offices across 20 states, OSP stands as one of the largest oral surgery-focused service organizations in the United States. The company offers a comprehensive suite of support services designed to assist oral surgery practices in delivering exceptional patient care. About Sheridan Capital Partners Sheridan Capital Partners is a healthcare private equity firm based in Chicago. Specializing in lower middle market buyouts and growth equity, Sheridan focuses on companies in the verticals of providers and provider services, healthcare IT and outsourced services, and consumer health and medical products. With a strategic and value-driven approach, Sheridan Capital Partners provides companies with the necessary resources to accelerate growth, create enduring value, and achieve exceptional results. In summary, Oral Surgery Partners' recent credit expansion, multiple acquisitions, and hiring of top-level executives demonstrate their commitment to furthering their growth in the oral surgery management industry. With the support of Sheridan Capital Partners, OSP is well-positioned to expand its operations across the United States and continue providing excellent support services to oral surgeons and practices nationwide.