Majority ownership in Smile America Partners

Transaction overview

Reported completed

Exact closing date not established.

In its July 13, 2026 sale announcement, Beach Point Capital Management LP reported that its Hybrid Solutions strategy had made a follow-on equity investment to acquire majority ownership of Smile America Partners. This followed an initial structured credit solution in December 2020; the equity investment date, percentage beyond a majority and consideration were not disclosed.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.