Q2-2017 Dental Services Update– The private equity community continued to drive consolidation within the dental services sector during the second quarter of 2017. The quarter was marked by several new private equity platforms emerging, and current private equity-backed platforms accelerating growth through add-on acquisitions.
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.