Norwalk, CT – [July 23, 2025] – Encina Private Credit, LLC (“Encina”) provided a $150 million commitment consisting of a revolver and term loan in the $525 million Senior Secured Credit Facility. Encina is serving as Revolver Agent in support of Centerbridge Partners and VSS Capital Partners portfolio company Specialty1. Specialty1 is a leading provider of dental surgical services, specializing in essential, non-deferrable care across endodontics, oral surgery, and periodontics.
The company had outgrown its bank-led facility and sought a larger, more flexible private credit solution to support continued growth.
About Encina Private Credit
Encina Private Credit is a specialty finance company that partners with direct lenders to provide first out enterprise value loans to private equity-sponsored and non-sponsored borrowers. Encina provides credit solutions in the form of first out priority revolvers including L/C sublimits, term loans and DDTLs and typically invests between $15 million and $150 million per transaction. For additional information, please visit Encina’s website at https://privatecredit.encinacapital.com/.