U.S. Oral Surgery Management (USOSM) announced on December 6 that it closed a new round of funding, a $125 million credit expansion that will position USOSM for growth and expansion in 2023.
A portfolio company of Oak Hill Capital Partners, USOSM is a management services organization (MSO) focused on oral and maxillofacial surgeons (OMS) founded in 2017. USOSM has partnered with more than 170 OMS practice locations across 24 states.
According to data captured in LevinPro HC database, USOSM has completed nine acquisitions in 2022. The acquired practices are spread across Kentucky, Tennessee, Kansas, Texas, Illinois, Michigan, California, Florida, Indian and Virginia. And, according to USOSM’s press release, the acquisitions have added $100 million in revenue.
“We’re expanding our credit facility with our existing lenders. This additional capital will fund our continued growth in 2023 and carry us well into 2024,” noted USOSM President and CEO Richard Hall. “The credit markets are particularly difficult right now, given the state of the economy…We’re proud that USOSM’s performance provided our lenders the confidence to expand their commitment.”
One of the reasons attributed to USOSM’s successful growth is its 100% partner retention rate, lending credibility to how well the company runs acquired practices. In addition, USOSM’s growth is due to the quality of its surgeon partners.
“We’ve always been highly selective about with whom we partner…They’re also true partners – they all have an equity stake in USOSM and complete clinical autonomy,” added Mr. Hall.
With this round of funding, it is only expected that USOSM will continue its acquisition streak, strengthening its position as a leading MSO.
