DSO Deal Roundup – May 2022

Our DSO Deal Roundup keeps you up to date on the latest DSO deal activity and includes an exclusive synopsis. With no signs of consolidation slowing down, May has proven to be one of the  busiest months in consolidation since we started reporting monthly!

Integrated Dental Organization Espire Dental Acquires Colorado-Based Meadows Dental Group
Espire Dental, a fast growing, doctor-led Integrated Dental Organization (IDO) recently announced the acquisition of Meadows Dental Group. Meadows Dental Group was founded by Dr. Joseph O’Leary, in Lone Tree, CO. Founded in 2018 and headquartered in Denver, CO, Espire Dental has a footprint of 20 practices located throughout Colorado, California, Oklahoma and Wyoming. Tim Hill is the CEO of Espire Dental.

Dental365 Announces Acquisition of Two New Rhode Island Dental Practices
Warren Dental Associates and Kevin Hagerty, DMD are joining the Beacon Dental Health division of Dental365. These two practices are the 3rd and 4th Rhode Island offices and the 95th and 96th offices to join the Premier Care Dental Management organization. The DSO has locations throughout New York, Connecticut, New Jersey, Massachusetts and Rhode Island.  Dental365 was on the Emerging Groups to Watch in 2017 list. Listen to the founder, CEO, & director of dentistry, Dr. Scott Asnis, on The Group Dentistry Now Show: The Voice Of The DSO Industry – Episode 47.

Bond Orthodontic Partners Introduces Collaborative Model to Accelerate Growth of Independent Orthodontic Practices
Bond Orthodontic Partners is a new orthodontic-focused partnership organization. Bond initially consists of six orthodontic brands across ten locations located in the Western United States. Bond was founded in 2021 with the mission of supporting entrepreneurial orthodontists. Bond was established with its capital partner BPOC, a Chicago-based private equity firm focused exclusively on the health care industry. Bond has developed a centralized executive and support infrastructure based in Frisco, Texas and led by CEO and Founder, Azar Zaidi, a healthcare executive with a background in supporting and leading healthcare practice models for over two decades.

Western Dental to Acquire Mid-Atlantic Dental Partners
Western Dental announced that it has entered into a definitive agreement to acquire Mid-Atlantic Dental Partners (MADP). Together, with their complementary footprints, Western Dental and MADP will be a coast-to-coast, border-to-border DSO with 571 offices in attractive markets from California to Delaware and from Michigan to Texas. Western also recently opened three new California offices are in Selma, San Lorenzo and the North Park area of San Diego. In addition to accepting uninsured and privately insured patients, Western Dental welcomes patients covered by the Medi-Cal Dental program (known as Denti-Cal) at all of its 246 California offices.

Mubadala Buys a Stake in Dental Care Alliance
Abu Dhabi-based Mubadala Investment Company is buying a stake in Sarasota, Florida-based Dental Care Alliance from Harvest Partners, LP. Formed in 1991, Dental Care Alliance is one of the largest multi-branded dental support organizations in the U.S. Dental Care Alliance supports a network of around 360 practices across 21 states in the Midwest, Mid-Atlantic, Northeast and Southeast of the U.S. The DSO also recently welcomed two new practices:

  • Old Bridge Dental Group in Central New Jersey, a single location general dentistry practice joins the group. Dr. Robert Griggs founded the practice and leads Old Bridge Dental today. He has been practicing since 1987.
  • Dental Associates of Florida – Cosmetic and Implant Dentistry, becomes their second location in Sun City, FL. It is the 12th Dental Associates of Florida office and their second location in Sun City, FL. This newest location is de novo and led by Dr. Trey Mueller.

US Endo Partners Further Expands with New Additions:

Heartland Dental Announced Newly Added Practice
The DSO, which is the largest DSO in the U.S., added Dental Care at FishHawk Commons in Lithia, FL. The lead dentist is Manny Matharu, DMD.  Heartland Dental, the nation’s largest dental support organization, has added nearly 40 practices to its network since the beginning of the year. Through the addition of 12 de novos and 25 newly affiliated offices, Heartland Dental now supports more than 2,400 doctors in more than 1,600 offices across 38 states.

Affordable Dentures & Implants Welcomes New Practices
The practices are in Wilkes-Barre, PA, Algonquin, Illinois and Livonia, Michigan. Since 1975, Affordable Dentures & Implants has served more than 7 million patients across the largest network of denture and implant service providers in the U.S. They are managed by Affordable Care,

Churchfield Dental Centre and Corner House Dental Practice Join Dentex
David Hilton founded Churchfield Dental Practice over 25 years ago. Dr. Potgieter & Dr. Smit founded Corner House Dental.  The DSO is headquartered in London, England. Founded in 2016, Dentex has grown to 123+ practices. The group is on track to hit the target of more than 150-member practices by the end of 2022.

Oakpoint Welcomes Wendell Family Dentistry
Dr. Health Brantley, Dr. Christopher Vo and their team join the emerging dental group which also was featured on Group Dentistry Now’s Emerging Groups to Watch in 2022 list. Founded by Mick Janness and Erik Strang, Oakpoint consists of 30+ locations in North Carolina and South Carolina. The Oakpoint platform was launched in September 2019 with a doctor-partnership consisting of two locations.

123dentist Celebrates Newest Acquisition
Co-founded in 1993 in Vancouver by Dr. Amin Shivji, 123Dentist has grown to over 250 practices, 3,200 team members serving 2 million patient visits annually with support centres in Vancouver and Toronto. Their newest addition is Dental Health Centre, led by Dr. Patrick Girouard, in Dieppe, New Brunswick.

Imagen Dental Partners Add Practices:

  • Dr. Rebecca Van Miller, and her two practices, Meadowbrook Smiles Family Dentistry of Green Bay, WI, and Timbercreek Smiles Family Dentistry of De Pere, WI. Dr. Rebecca Van Miller has been in practice for more than 20 years.
  • Tucson Dental Clinic, Campbell Dental Group, joins the group in its home state of Arizona. Dr. Alexa Benzell and her team have cared for residents of Tucson and surrounding communities since 2003.

  • The Dentistry Collective, located in Southern California, becomes a new partner practice. Founded by Dr. Timothy Garofolo in 2007, the practice dedicates their time to serving those in need, raising more than $166,000 in total dental work for the Rancho Bernardo and San Diego County communities.

  • Imagen expands to Indiana, welcoming  Sandcrest Dental Health. The Columbus-based practice is led by Dr. Susan Sawin, and Dr. Luciana Kano-Wilson.

Lonsdale Capital Partners Backs Todays Dental
Lonsdale Capital Partners, a private equity firm focused on the lower mid-market in the UK and Europe, has acquired Todays Dental Group Limited (TDGL), a UK-focused dental platform currently comprising eight dental practices and has plans to grow its presence to 50-strong.

Exciting Times at {my}dentist
Headquartered in Manchester, UK, {my}dentist is Europe’s largest dental care provider, home to over 3,000 clinicians across 600+ dental practices. They have just completed a £1.2m investment in their Blackburn practice and merged three existing sites in the town into one, modern 14 surgery practice.  The DSO is led by CEO Tom Riall.

Two More Practices Joins UK-based Portman Dental Care
Founded in 2009 by CEO Sam Waley-Cohen, Portman Dental Care currently has 200 dental practices across the UK, Ireland and Benelux, including 16 orthodontic Portman Smile Clinics, caring for over 700,000 patients. Their latest practice acquisitions are The Dental Academy, formerly owned by Kevin & Jan Dobbs, and Smile Design by Ash, formerly owned by Ash and Jyoti Parmar.

Sage Dental Continues Expansion with New Offices in Georgia and Florida
The DSO has further expanded its footprint by acquiring two new practices and officially opening its doors to four new locations: one in Zephyrhills, Florida, one in Avalon Park, Florida, one in Ocala, Florida and one in Stone Mountain, Georgia. Sage will also be moving its Downtown Atlanta, Georgia location to Midtown Atlanta and changing their name to Sage Dental of Midtown Atlanta. Serving more than 250,000 patients across Florida and Georgia, the launch of these locations brings Sage Dental to eleven practices in Georgia and the company’s 80th location nationally. The new practices are located at:

  • 1227 Rockbridge Rd, Ste 300, Stone Mountain, GA 30087
  • 12990 Tanja King Blvd Orlando, FL 32828
  • 7650 Gall Blvd Zephyrhills, FL 33541
  • 3451 Ernest W. Barret Pkwy NW, Ste 190, Marietta, GA 30064
  • 2140 Lake Eustis Drive Tavares, FL 32778
  • 1080 Peachtree Street Northeast, Unit 2, Atlanta, GA 30309
  • 4901 E. Silver Springs Blvd, Ste 601, Ocala, FL 34470

Dental Depot Welcomes 28th and 29th Practices

  • Dental Depot Garnett has 16 operatories and is the 6th Tulsa, Oklahoma location. It is led by Dr. Quan Hoang.
  • Dental Depot Mesa has 16 operatories and is the 4th Arizona location.

D4C Acquires Dental Group
American Pediatric Dental Group led by Dr. Will Pena is a 6-location pediatric dental group in South Florida and has just joined the D4C. D4C is the largest pediatric dental and orthodontic specialty network in the US. It is currently in 11 states with plans for expansion. D4C also recently celebrated the opening of Ashton Family Dentistry and Orthodontics and the relocation of Dentistry for Children (Olney).

dentalcorp Hit Big Milestone
Canada’s largest and North America’s fastest growing networks of dental practices has announced that it has welcomed 42 practices to its network in Q1 2022 and reached a major milestone of 500 practices acquired since inception in 2011. Click here for the complete list of the 42 practices.

Pacific Smiles Dental Grows Again and Again
The Australian DSO’s newest locations are in Newcastle CBD and Richmond. These dental centers bring the number of centers under the Pacific Smiles Group banner to 125.

Smile Doctors is Poised for Another Year of Record Growth
Smile Doctors, the largest ortho-focused dental support organization (OSO) in the U.S.,recently announced that it had one of its greatest years of growth yet. In 2021, the OSO partnered with a total of 31 new practices, representing 71 locations and 65 doctors. Growth has continued throughout Q1 2022, including the addition of 8 practices, representing 18 clinics and 17 doctors. The total number of states now served by the Smile Doctors family of affiliated practices climbs to 25, with recent expansion into New Jersey, bringing the number of clinics the OSO represents to 324.

MB2 Welcomes More Locations to its Growing DPO:

  • Dr. Tom Compton, owner of Compton Orthodontics in Bowling Green and Russellville, Kentucky.
  • Dr. Nathan Austria, owner of Bethany Family Dental in Portland, Oregon.
  • Dr. Lindsay Christensen, owner of Smile Santa Fe in Santa Fe, New Mexico.
  • Dr. Jeremy Martin, owner of Smiles of Punta Gorda in Punta Gorda, Florida.
  • Dr. Jason Augustine in Phoenix, Arizona
  • Dr. Russ Trapnell, owner of ABQ Orthodontics in Albuquerque, New Mexico

MB2 Dental added 15 practices in the month of May. 13 were acquisitions and 2 were de novos.

MINT Dentistry & Orthodontics is Expanding
The growing DSO has just announced the opening of its newest office in Norcross, Georgia. Headquartered in Dallas, the group has locations in Texas and Georgia.  With over 50,000 5-star Google reviews, the dental group was established by Dr. Field Harrison.

Oral Surgery Partners Grows
The growing specialty DSO has just welcomed Hudson Oral Surgery and its team of dentists, Dr. Steven Bogart, Dr. Camille Marquis, Dr. Harlene Kaur, Dr. Hubert Gugala, and Dr. Ariel Otero, to their family of practices. Hudson Oral Surgery has four offices located in Hackettstown, Roselle, Nutley, and Denville, New Jersey. Headquartered in Chesterfield, Missouri, Oral Surgery Partners has 13 practices in eight states.

Orthodontic Experts Ltd Expands in Indiana
The ortho DSO has 17 locations throughout Illinois, Wisconsin, and now Indiana. Their new location is in Merrillville, Indiana. Orthodontic Experts Ltd is headquartered in Chicago.

Dental Beauty Parners is Expanding
The London, England group’s newest partners are Dr. William Noble and Dr. Jade Homfray-Jones of Kiss Dental located in Alderley Edge.

 


GDN’s DSO Deal Roundup
– Acquisitions, De Novos, Partnerships, Funding, More – Monthly

Please provide any new DSO or dental deals to Group Dentistry Now for consideration. Include a succinct summary of the acquisition, partnership, de novo location(s), funding, sale or more with details. Email to [email protected].

GDN may ask for more information, and from time-to-time, may feature a story which could include an interview, etc. GDN reserves the right to refuse publication of any deal for any reason.


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