B. Riley Securities served as exclusive financial advisor to ProSmile Holdings, LLC, one of the largest and fastest growing Dental Service Organizations (“DSO”) in the Mid-Atlantic region, in its successful debt financing from BankUnited, a Florida-based commercial bank. ProSmile is backed by TriSpan, an established middle-market private equity firm with investments that span North America, Europe, and the United Kingdom.

“Our primary aim at ProSmile has always been to support our providers as they deliver exceptional dental care,” said Hugh Carey II, Chief Executive Officer at ProSmile. “Our partnership with BankUnited will allow us to grow in new markets and expand the positive impact we provide to patients.”

Since its inception, ProSmile has been recognized for excellence in dentistry throughout the Mid-Atlantic. ProSmile offers the full spectrum of dental care to patients of all ages including general dentistry, orthodontics, oral surgery, endodontics, pediatric dentistry, and periodontics. Since its recapitalization by TriSpan in 2019, ProSmile has grown from nine to 60 locations, serving patients in New Jersey, Pennsylvania, Maryland, Virginia, and Washington, D.C. For more information, visit www.prosmile.com.

“We were pleased to work with ProSmile in support of its new partnership with BankUnited to expand patient access across the Mid-Atlantic and beyond,” said Holly Smyth, Managing Director with B. Riley Securities.

James Metcalf, Senior Managing Director, added, “Dentistry remains one of the most active healthcare specialties for investment, and the ProSmile transaction adds to our firm’s successful track record of advising premier dental service organizations.”