Encina Commercial Finance ("ECF") announced that it provided $51 million of first-out financing as part of a $90 million senior secured unitranche supporting Catalis Dental Lab Partners' acquisition of Midwest Dental Arts ("MDA"), a portfolio company of Caymus Equity. The financing was provided in partnership with Gladstone Capital Corp., which served as administrative agent and was the lead investor in the last out tranche.

Catalis Dental Lab Partners is a national network of full-service dental laboratories serving private-practice dentists and dental service organizations across the United States. The acquisition of MDA expands Catalis' footprint to 14 locations nationwide and strengthens the platform's capabilities in digital, implant and full-arch dental restorations.