Encina Private Credit LLC provided a $150 million commitment consisting of a revolver and term loan in a $525 million Senior Secured Credit Facility. Encina is serving as Revolver Agent in support of Centerbridge Partners and VSS Capital Partners portfolio company Specialty1. Specialty1 is a leading provider of dental surgical services, specializing in essential, non-deferrable care across endodontics, oral surgery and periodontics.
The company had outgrown its bank-led facility and sought a larger, more flexible private credit solution to support continued growth.