Allied OMS, the first and only doctor-led and governed management services organization (MSO) for top-tier oral and maxillofacial surgery practices, secures $116million credit funding from four leading banks in the healthcare sector.
KeyBanc Capital Markets served as left lead arranger for the syndicate, which includes BankUnited, N.A., Umpqua Bank, and First-Citizens Bank & Trust Company.
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The capital commitment is Allied OMS’s first round of outside financing. It will fund the MSO’s next phase of growth, specifically partnering with future OMS practices, building de novos and satellite offices to further support its doctors, and recruiting world-class practitioners into existing practices across the U.S. in keeping with the platform’s high standards of quality and safety and commitment to furthering innovation and advancements in the specialty.
Dan Hosler, Co-Founder and CEO, Allied OMS and Managing Partner, DuneGlass Capital said, “Access to credit continues to be a challenge in the current market. We created this new facility with our commercial lenders to provide capital for our current and future shareholders at rates significantly lower than what traditional private equity-backed groups have been able to obtain, We have taught our doctors about the differences in capital structures, what those mean for them as shareholders, and how to deploy the resources to deliver outstanding patient outcomes for decades to come.”
Ryan Stilphen, Managing Director, KeyBanc Capital Markets Syndicated and Leveraged Finance, led the facility raise and noted, “Allied OMS’s doctor-owned structure was especially appealing, given the strong alignment of interests, recession-resilient industry, and engaged, dedicated shareholders on the platform.”
Court Houseworth, Managing Director, Cain Brothers, a division of KeyBanc Capital Markets, added, “Allied OMS continues to redefine the structure of a traditional PE-backed MSO. Their commitment to ensuring shareholder alignment was a significant factor in the market appetite for this opportunity and makes them a highly desirable partner for future investment.”
About Allied OMS
In the field of oral and maxillofacial surgery, Allied OMS is a doctor-owned, doctor-led, and doctor-governed management services organisation (MSO) that blends the finest aspects of private practice with private equity.
Allied OMS provides critical tools for optimising practice value. It does so by drawing on decades of expertise in developing platform businesses in the healthcare sector. Member surgeons, private equity firms, and management consultancy veterans jointly control the company.
