Mid-Atlantic Dental Partners, a portfolio company of S.C. Goldman & Company, LLC, recently announced it acquired DentalOne Partners from Dental Investments, LLC. DentalOne is one of the largest dental service organizations (DSOs) nationally with approximately 150 affiliated offices across 13 states and 27 markets. This acquisition increases Mid-Atlantic Dental Partners affiliated offices to more than 240 operating in 18 states.
Mid-Atlantic and S.C. Goldman has been quiet on the M&A front for the past year. In October 2018, the company acquired Birner Dental Management Services, Inc. for $19.9 million. Birner operates dental practice affiliates under the Perfect Teeth brand in Arizona, Colorado and New Mexico.
However, dental groups and dental service organizations are still flying off the shelves. In October 2019, dental groups accounted for 53% of all physician medical group transactions. U.S. Oral Surgery Management, a portfolio company of RiverGlade Capital, went on a shopping spree, reporting three deals. It acquired Dakota Valley Oral and Maxillofacial Surgery in Minnesota, Oral Maxillofacial Surgical Specialists in Tennessee, and Clark Holmes Oral Facial Surgery of Alabama, giving the company three new markets and adding seven locations to its network. No prices were disclosed, naturally.