Dental

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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.

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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.

dentist's instruments with shallow depth of field

Q3-2016 Dental Services Update– The third quarter was accentuated by two major private equity exits to fellow private equity buyers, showing no signs of decreased interest from the investor community in backing dental practice platforms and management teams for future expansion.

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Q2-2016 Dental Services Update– The second quarter of 2016 saw a continued trend of private equity dollars flowing into the dental sector via both new platform investments as well as tuck-in acquisitions to existing portfolio companies.

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Deal Announcement– Webster Capital has made an investment in HQRC Management Services (HQRC). HQRC provides pediatric dental care throughout offices in New York and New Jersey. The Company is a leader in pediatric dentistry within this market.

Baystate Announcement1

Transaction Advisory – Baystate Dental, PC (Baystate) has completed a recapitalization with North East Dental Management (NEDM), a portfolio company of Sentinel Capital Partners (Sentinel).

Great Expressions Annoucement

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.

  • “A lot of investment bankers were interviewed, Provident was chosen. Provident delivered. My clients could not be happier.”

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  • “After working with Provident on several transactions, it is evident that their extensive industry knowledge and deal expertise prove to be invaluable to their clients.”

  • ”I have a tremendous amount of appreciation and gratitude to the Provident team for their hard work and diligence throughout this process. Each and every member of the Provident team is excellent at their jobs and it has been a pleasure working with such a professional team. Provident has provided outstanding guidance and counsel, and this deal could never have gotten done without Provident’s leadership.”

  • “Provident listened to our story, confirmed that our business was valuable and made us feel like this was the only transaction important to them.”

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  • “While the decision to sell our business was a difficult one, Provident vigilantly represented and protected our best interests throughout the transaction.  Provident was the right choice for Cascade and I would recommend their services to anyone.”