DCA cuts debt by $1.1B, secures $95M in new capital

Dental service organization Dental Care Alliance (DCA) announced an agreement with its existing lenders to reduce its total debt by more than $1.1 billion and secure $95 million in new capital.

The deal extends DCA's debt maturities to 2031 and is designed to give the company greater financial flexibility to invest in clinical support, practice operations, technology, and growth. The company expects to close the transaction in the second quarter of 2026, pending customary closing conditions. All DCA practices will continue to operate without disruption.

According to DCA CEO Dr. Larry Benz, the restructuring follows 14 months of operational work by the company's clinical and support teams. The new capital, DCA said, will support its goal of expanding patient access and deepening partnerships with dental professionals across its network.

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