Tusk Brokerage Raises $325,000

3/2/17

By Evanne Timberlake, NC BIZ News

A Charlotte-based dental practice brokerage company has raised $325,000 in equity, according to a Securities and Exchange Commission filing.

Tusk Brokerage LLC filed a Form D on March 2 stating it has raised $325,000 from five investors. The company did not disclose what it intends to do with the money.

The company connects buyers and sellers of dental practices nationwide to maximize seller value while increasing transaction speed and transparency

Tusk is a digital marketplace that increases transparency in dental practice brokerage by creating less transactional friction, fees and frustration for clients while increasing their awareness, options and knowledge.

Kevin Cumbus, founder and partner of Tusk, has experience in sales and trading, finance and investment banking.

Cumbus received his bachelor degree in economics from Washington and Lee University and his M.B.A. in finance from Wake Forest University School of Business.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must first file what’s known as a Form D electronically with the SEC after they first sell their securities.

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