TD Bank's Healthcare Practice Solutions Group (HPSG) provided $1.3 million in financing to help fund Endeavor Dentistry's acquisition of a New Jersey practice.
To date, the New Jersey-based TD Bank has financed acquisitions for Endeavor Dentistry totaling $7.4 million. The acquisition of A Perfect Smile Dental Arts is the fifth acquisition that HPSG helped finance. All acquisitions have been in New Jersey.
HPSG said it recognized that this type of entrepreneurial dental group practice model will continue to grow in popularity to compete with private equity-owned practices and dental service organizations.