Corus Orthodontists Extends Credit Facility to $250M

Posted: September 24, 2025
Edited by Dentaltown staff

Corus Orthodontists, a prominent North American orthodontic partnership network, has recently announced the extension of its secured syndicated credit facility to an impressive $250 million. The syndicate of Canadian and U.S. lenders, led by the Canadian Imperial Bank of Commerce (CIBC), with Scotiabank and ATB Financial as Co-Documentation Agents, has granted this significant increase from the initial C$175 million. This extension, now valid until December 2028, reflects Corus' commitment to financial stability and growth, with a potential further expansion to C$325 million through an uncommitted accordion feature. The company's proactive hedging strategy also ensures a favorable interest rate exposure, reinforcing its strong financial position within the dental service organization landscape.

With this substantial capital injection, Corus Orthodontists is strategically positioned to pursue both organic and inorganic growth opportunities, with over C$100 million readily available for potential acquisitions. CEO Dean Prevost emphasizes the company's focus on attracting new Doctor-Partners who share their vision for clinical excellence and innovative practice models. This expansion aligns with Corus' mission to cultivate a community of orthodontic practices dedicated to superior patient care, operational efficiency, and sustainable development across North America. By leveraging its existing cash reserves and enhanced credit facility, Corus aims to further strengthen its doctor-led network, offering a unique platform for practitioners seeking to shape the future of orthodontics.

Corus Orthodontists' strategic financial maneuvering not only fortifies its position in the orthodontic landscape but also sets a compelling example of prudent financial management for dental service organizations. The company's focus on maintaining a robust balance sheet, combined with its commitment to fostering a community of excellence-driven practitioners, underscores a broader trend towards consolidation and collaboration within the dental industry. As dental professionals navigate the evolving landscape of healthcare delivery and practice management, Corus' approach serves as a valuable insight into sustainable growth strategies and strategic partnerships that can drive success in an increasingly competitive market.

For more information, visit corusortho.com.

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