New York, October 6, 2020— Proskauer, a leading international law firm, announced today that it represented certain credit investment funds managed by and affiliated with New Mountain Capital, LLC ("New Mountain") throughout the chapter 11 cases of Benevis Corp, in its capacity as prepetition secured lender, equity holder, DIP lender and credit-bidding buyer. New Mountain will acquire substantially all the assets and operations of Benevis Corp. and its affiliates.

Benevis is a leading dental support organization that provides non-clinical business support services to 150+ dental offices in 16 states and the District of Columbia. These supported dental offices treat over 2 million patients annually. Their practices offer patients general dentistry and specialty care, including orthodontics and oral surgery. New Mountain Capital is a New York-based investment firm.

Proskauer's multidisciplinary team was led by Private Credit Restructuring co-head David M. Hillman and Private Credit co-head Steve Boyko. The team also included partners Rick Zall (Health Care) and Steven Peck (Mergers & Acquisitions) with associates Lucy F. Kweskin, Brooke Blackwell ( Bankruptcy), Sara Park, Jillian Ruben (Mergers & Acquisitions), Jon English and Jonathan Traub (Private Credit).

Our Private Credit Restructuring practice combines specialists from our top-tier bankruptcy and restructuring practice, with seasoned practitioners from our private credit group, we have assembled a cross-disciplinary team exclusively dedicated to private credit investors. This team includes over 20 insolvency and transactional lawyers focused on representing credit funds, business development companies, and other direct lending funds in the restructuring of "clubbed" and syndicated credits and preferred equity investments.