A $116 million credit facility was terminated by Allied OMS, a management services organization (MSO) for practices of oral and maxillofacial surgery located in Southlake, Texas.
Investors
- First-Citizens Bank & Trust Company
- BankUnited
- N.A.
- Umpqua Bank
- KeyBanc Capital Markets
Use of funds
Specifically, the firm plans to develop de novos and satellite offices to assist its doctors, attract practitioners into current practices across the United States, and further strengthen its next phase of growth using the money.
About Allied OMS
In the field of oral and maxillofacial surgery, Allied OMS is a doctor-owned, doctor-led, and doctor-governed management services organization (MSO), headed by CEO Dan Hosler. The Allied OMS network was established in 2020 in collaboration with DuneGlass Capital, an independent sponsor that specializes in healthcare services. Currently, the network comprises 60 physicians who provide care to patients from 39 locations across California, Colorado, Illinois, Louisiana, Maryland, Michigan, New York, Oregon, Tennessee, Texas, and Virginia.
