Smile Brands Inc., a portfolio company of Gryphon Investors, announced on October 11 that it acquired Palm Springs Family & Cosmetic Dentistry for an undisclosed amount.
Smile Brands Inc. provides business support services to general and multi-specialty dental groups in approximately 700 affiliated practices in 30 states with 7,500 team members. Smile Brands supports a portfolio of more than 75 brands including regional brands Bright Now! Dental, Castle Dental, Merit Dental, Midwest Dental, Monarch Dental and Mondovi Dental.
Palm Springs Family & Cosmetic Dentistry has one location in Palm Springs, California, and serves the surrounding area. It is run by three providers. The company will continue to operate under the same name and the staff will remain with the office.
According to the LevinPro HC database, this acquisition marks Smile Brands’ sixth acquisition of 2022. It also is the 480th Physician Medical Groups transaction of the year, 157 of them in the dental subsector. In the first two weeks of the fourth quarter, there have been five dental deals.
