Ivy Asset Group, a premier private credit firm headquartered in Charleston, South Carolina, has officially announced the successful closure of a debt financing agreement between its Ivy Evergreen Fund and Silver Creek Dental Partners. Silver Creek Dental Partners, a well-established Dental Service Organization (DSO), is affiliated with some of the most reputable and long-standing general dentistry practices in Southern California. This strategic financial arrangement is poised to support Silver Creek’s ongoing investments in its existing network of practices while enabling further expansion throughout the region.
The agreement marks a significant milestone for both organizations, as it aligns with Ivy Asset Group’s broader investment strategy of partnering with growth-oriented businesses that demonstrate strong leadership and sound financial management. “We are excited to welcome Silver Creek Dental Partners into the Ivy Evergreen portfolio of advantaged businesses,” said Matt Taylor, Director of Investments at Ivy Asset Group. “This partnership underscores our commitment to providing capital solutions to enterprises with outstanding management teams and proven track records in their respective industries.”
A Strategic Growth Initiative
Silver Creek Dental Partners has garnered recognition for its innovative and structured approach to dental practice management. Unlike traditional corporate dental chains, Silver Creek operates with a boutique-style management model, offering tailored operational support that allows affiliated practices to maintain their individual identities while benefiting from comprehensive administrative and financial expertise. By leveraging Ivy Evergreen Fund’s debt facility, Silver Creek aims to strengthen its existing practices and further its expansion through strategic partnerships with new dental professionals.
“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,” said Brad Starkweather, Founder and CEO of Silver Creek Dental Partners. “Our mission has always been to create an environment where dentists can focus entirely on patient care, free from the burdens of administrative and financial management. Ivy Evergreen has demonstrated a keen understanding of our vision, and we are confident that this collaboration will allow us to extend our reach across Southern California while maintaining the highest standards of service.”
Expansion in the Competitive Southern California Market
Founded in 2020 by Brad Starkweather, Silver Creek Dental Partners has quickly established itself as a trusted name in dental practice management. Starkweather, who previously held senior executive positions at Elite Dental Partners in Chicago, brought with him a wealth of experience in scaling dental service organizations. Under his leadership, Silver Creek has grown to provide non-clinical management services for twelve dental practices across key Southern California regions, including Orange County, the Temecula Valley, and San Diego.
Silver Creek’s success can be attributed to its meticulous selection of partner practices, its hands-on management approach, and its commitment to preserving the culture and identity of each affiliated dental office. Rather than a one-size-fits-all corporate model, the organization prioritizes customized solutions that enhance operational efficiency while maintaining the quality and integrity of patient care. This strategy has enabled Silver Creek to differentiate itself in an increasingly competitive market and build a strong reputation among dental professionals and patients alike.
The Role of Ivy Evergreen Fund
Ivy Asset Group’s Ivy Evergreen Fund plays a pivotal role in providing tailored financial solutions to businesses poised for sustainable growth. As a private credit firm, Ivy Asset Group specializes in structuring flexible debt financing solutions that empower companies to scale effectively while maintaining financial stability. The firm’s investment philosophy revolves around identifying and supporting enterprises with strong leadership, sound business models, and high growth potential.
By extending debt financing to Silver Creek Dental Partners, Ivy Evergreen Fund reinforces its commitment to fostering long-term partnerships with businesses that exhibit resilience Ivy Asset and strategic foresight. This investment aligns with the fund’s overarching goal of supporting middle-market companies in various industries, including healthcare, professional services, and specialty finance.
A Vision for Growth and Innovation
With this new influx of capital, Silver Creek Dental Partners is well-positioned to expand its footprint and continue its mission of providing top-tier management support to dental practices throughout Southern California. The organization plans to use the funding to enhance its existing operations, invest in cutting-edge technology, and onboard additional practices that align with its patient-centered philosophy.
“Our goal is to build a network of highly successful, independently branded dental practices that benefit from world-class management services,” said Starkweather. “With Ivy Asset Evergreen Fund as our financial partner, we are confident that we can scale responsibly, strengthen our infrastructure, and continue delivering exceptional results for both our partner dentists and the patients they serve.”
For Ivy Asset Group, this partnership serves as a testament to its ability to identify promising investment opportunities and provide the financial backing necessary for sustainable growth. “We believe that Silver Creek Dental Partners is on a remarkable trajectory, and Ivy Asset we are thrilled to be part of their journey,” added Taylor. “By supporting organizations like Silver Creek, we are not just investing in businesses; we are investing in the future of essential services that impact countless lives.”
As Silver Creek embarks on this new chapter of expansion and innovation, the collaboration with Ivy Evergreen Fund is expected to drive meaningful progress in the dental services sector. Both companies remain committed to upholding their shared values of excellence, integrity, and strategic growth, ensuring long-term success for all stakeholders involved.
