Encina Private Credit Provides $150 Million as Revolver Agent in a $525 Million Senior Secured Credit Facility to Specialty1

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/.