U.S. Oral Surgery Management, a specialty management services organization based in Irving, Texas announced that it was acquiring Southwest Virginia Oral and Maxillofacial Surgery. The financial terms of the deal were not disclosed.
U.S. Oral Surgery Management (USOSM), a portfolio company of Oak Hill Capital Partners, is a specialty management services organization focused on oral and maxillofacial surgeons. USOSM has partner practices spanning 19 states: Texas, Colorado, Georgia, Tennessee, Minnesota, Alabama, Oklahoma, Louisiana, South Carolina, Mississippi, Florida, Indiana, Kentucky, Arizona, California, Oregon, Virginia, Washington and Massachusetts. The company was formed in 2017.
Located in Roanoke, Virginia, Southwest Virginia Oral and Maxillofacial Surgery is led by Samuel E. Scroggins, DMD. It opened in 2014 and offers a wide variety of procedures and treatments, from dental implants to tooth extractions, facial trauma treatment, bone grafting, wisdom teeth removal and more.
Southwest Virginia Oral and Maxillofacial Surgery will retain complete clinical autonomy after the acquisition. This acquisition is USOSM’s second acquisition in Virginia; previously, it acquired Oyster Point Oral & Facial Surgery of Newport News, Virginia. In November 2021. More information about the November deal can be found here. This acquisition is the 26th announced dental and the 128th PMG transaction of 2022. So far, the deals have totaled over 1.75 billion in disclosed purchase prices. In the first three months of 2021, there were only 15 dental transactions and 116 PMG deals, overall. The disclosed purchase price of the same time period of 2021 came to more than $489.2 million. Even though the disclosed deal prices were bumped up by one transaction (Partners Group acquiring Forefront Dermatology for $1.5 billion) we are optimistic that the high numbers will remain for the rest of the year.
