On December 10, MB2 Dental Solutions announced that it entered its 44th state with the acquisition of Knoxville Dental Center.
Knoxville Dental Center, based out of one location in Knoxville, Iowa, provides comprehensive care for all family members, from children to older adults. Services include extractions, crowns and bridges, whitening, cosmetic dentistry, root canals, dentures/partials, veneers and regular cleanings and checkups. According to its website, there is one physician on staff (Dr. Andrew Secory) who is supported by a team of seven employees.
MB2 Dental Solutions, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. In November 2024, Warburg Pincus invested in the company to help expand MB2 Dental’s reach alongside Charlesbank Capital Partners.
MB2 Dental’s partnership with the Knoxville Dental Center expands its reach to Iowa, its fifth new state in 2024, following Massachusetts, South Carolina, Vermont and West Virginia. This deal represents MB2 Dental’s 42nd transaction of 2024.
According to data in the LevinPro HC database, this transaction marks the 448th Physician Medical Group acquisition of 2024, and the 227th in the dental specialty. Throughout the entirety of 2023, there were 180 dental transactions reported. In 2023, MB2 Dental also announced 59 transactions.
