Q1-2017 Dental Services Update– Consolidation within the dental practice segment continues to be driven by private equity firms – given the number of investors seeking platforms and bolt-on acquisitions, competition remains high for groups with size and scale.
Q4-2016 Dental Services Update– Dental practice management organizations continued strong consolidation initiatives in the fourth quarter of 2016. Pediatric and general dental practices, and their management and service organization counterparts, continue to raise private equity capital and partner with private equity-backed strategic acquirers to build scale and infrastructure that are crucial to success in the evolving landscape of healthcare services in the United States.
Transaction Advisory – Audax Group announced it has completed the acquisition of Great Expressions Dental Centers (“GEDC”) from Dr. Walter Knysz, who founded the company in 1982. Headquartered in Bloomfield Hills, Michigan, with 98 affiliated practices in Michigan, Georgia, Florida, Massachusetts, Ohio, Virginia and Connecticut, GEDC is a dental practice management company providing services to professional corporations in general and specialty services including endodontics, orthodontics, oral surgery, pedodontics, and periodontics.