Kirkland Advises Dental Care Alliance on Strategic Transaction

Kirkland & Ellis advised Dental Care Alliance (DCA), one of the largest dental support organizations (DSOs) in the country, on a transaction supported by 100% of DCA's existing lenders to significantly improve the company's financial condition and position the company for long-term growth. The transaction will reduce the company's debt by more than $1.1 billion, provide DCA with $95 million of new capital, and extend the company's debt maturities to 2031. This strengthened financial foundation will support the company's plans to enhance practice support and meet its growth ambitions. The company's financial partners share DCA's commitment to clinical and operational excellence and are aligned with the company's long-term vision.

Read the transaction press release

The Kirkland team included restructuring lawyers Josh Sussberg, Rachael Bentley, Josephine Fina, Jennifer Callahan and Lizzie Klink; corporate lawyers Carolyn Vardi, Nils Remole, Brian Straughn and Jon Pry; debt finance lawyers Paul Sandler, Justin Greer, Eli Weathers and Mateo Firoz Hussein; tax lawyers Thad Davis, Nicholas Warther and Andrew Zhang; and healthcare regulatory lawyers Dennis Williams, Lindsay Borgeson, Micah Desaire and Cooper Barghols.