Smiles Dental / Wafra Partners

Smiles Dental / Wafra Partners

October 1, 2013 - Monroe Capital Provides $16.6 Million Unitranche Credit Facility To Smiles Services, LLC

Monroe Capital LLC today announced the funding of a $16.6 million unitranche credit facility to support the growth of Smiles Services, LLC by Wafra Partners, LLC, Thurston Group, LLC and management.

Based in Longview, Washington and led by CEO, Dr. Jeromy Dixson, Smiles Services, LLC is a premier dental practice management organization in the Pacific Northwest. The company enters into business service agreements with dental practices to provide business support, office management and administrative services that allow dentists the opportunity to focus on the clinical aspects of their practice.

Peter Petrillo, Senior Managing Director of Wafra Partners, LLC, said, “Monroe was able to move very quickly to support us in this exciting new dental platform.  Their flexible credit facility will allow us to execute on our ongoing growth strategy.”

About Monroe Capital

Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. To learn more about Monroe Capital LLC, visit