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Ivy Asset Group, a leading private credit firm based in Charleston, South Carolina, said its Ivy Evergreen Fund has closed a debt financing agreement with Silver Creek Dental Partners, a Dental Service Organization (DSO) affiliated with long-standing general dentistry practices in Southern California.

Officials said the strategic financing will support Silver Creek's ongoing investments in its affiliated practices and fuel its continued expansion throughout the Southern California region.

"We're thrilled to welcome Silver Creek Dental Partners to the Ivy Evergreen portfolio of advantaged businesses," said Matt Taylor, director of Investments at Ivy Asset Group.

Taylor added, “This partnership aligns with our investment strategy of supporting growing businesses with strong management teams.”

Founded in 2020 by Brad Starkweather, who previously held senior executive positions at Elite Dental Partners in Chicago, Silver Creek provides non-clinical management services for 12 dental practices across Orange County, the Temecula Valley, and San Diego.

"This financing from Ivy Evergreen Fund provides us with the capital needed to accelerate our growth strategy while continuing to deliver exceptional support to our partner practices," Starkweather said. 

Starkweather added, "The Ivy team has already proven to be an exceptional partner to us, and we’re excited to continue our constructive collaboration with them for years to come."