Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 40
Warning: Undefined variable $count in /home/seniorca/public_html/wp-content/themes/divi-news-child-healthcare/index.php on line 121
MB2 Dental Adds Athens Dentistry for Children in Georgia
MB2 Dental, a portfolio company of middle-market private equity firm Charlesbank Capital Partners since February 2021, announced on October 17 the acquisition of Athens Dentistry for Children, a pediatric dental office located in the Athens, Georgia area, expanding the company’s presence in Georgia. Terms of the deal were not disclosed. Athens Dentistry for Children is led by Georgia natives Dr. Michelle Harmon and Dr. Brandi Owensby. Headquartered in Carrollton, Texas, MB2 Dental Solutions partners with dentists and specialists. Founded in 2007, MB2 offers general dentistry services, orthodontics, cosmetic dentistry and oral surgery. According to the LevinPro HC database, this marks the... Read More »
Private Equity Activity in 2022: A Look At Shore Capital Partners and Linden Capital Partners
Following increased deal volume in 2021, private equity has maintained a high deal volume throughout 2022, as well. Through the second week of October this year, private equity firms or their portfolio companies have announced 776 transactions. That equates to 40% of the deals announced in the entire year across all healthcare sectors. From January 1, 2021, through the second week of October 2021, private equity groups were responsible for 637 deals, or 38% of the 1,669 deals announced by the point. So, while the percentage of deals done by private equity has only slightly increased, the number of deals has risen significantly. Private equity has shown great interest in the Physician... Read More »
Smile Brands Announces Acquisition of Palm Springs Family & Cosmetic Dentistry
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... Read More »
Shore Capital Partners Sells EyeSouth Partners to Olympus Partners
Shore Capital Partners, a Chicago-based healthcare-focused lower middle-market private equity firm, announced on September 29 that it was selling EyeSouth Partners to Olympus Partners. The financial terms of the transaction were not disclosed. Jefferies LLC is serving as exclusive financial advisor through its Essential Outpatient Healthcare franchise and Winston & Strawn LLP is serving as legal advisor to Shore and EyeSouth. Bass, Berry & Sims is serving as regulatory counsel to Shore and EyeSouth. Shore Capital Partners has approximately $3 billion of cumulative capital commitments through various investment vehicles. Olympus Partners is a private equity firm that manages more... Read More »
