MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Acquires Bethlehem Dentistry and Brookwood Dentistry 

MB2 Dental Solutions announced on July 9 that it was expanding its network with two acquisitions.   Brookwood Dentistry is a dental practice that utilizes digital dentistry to care for patients. According to its website, the practice has three providers on staff.  Bethlehem Dentistry operates out of one location in Bethlehem, Georgia. According to its website, there are two providers on staff.  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. ... Read More »
Tennessee Retina Strengthens Nashville Foothold  

Tennessee Retina Strengthens Nashville Foothold  

Tennessee Retina announced on July 8 that it welcomed Retina Consultants of Nashville to its network.   Retina Consultants of Nashville operates out of one location in Nashville, Tennessee and provides high-quality eye care. According to the press release, there are three providers on staff.  Owned by Retina Consultants of America, which is a portfolio company of Webster Equity Partners, Tennessee Retina is one of the largest and most recognized retina practices in the area. Tennessee Retina offers advanced diagnostic and treatment options for the full spectrum of surgical and medical retina conditions, including macular degeneration, diabetic retinopathy, retinal detachment,... Read More »
Specialized Dental Partners Acquires McMurtrey Endodontics 

Specialized Dental Partners Acquires McMurtrey Endodontics 

On July 3, Specialized Dental Partners (SDP) announced that it acquired its second Colorado practice of 2024 with the acquisition of McMurtrey Endodontics.   McMurtrey Endodontics operates out of one location in Westminster, Colorado. In addition to general dentistry, it provides endodontic services. According to its website, it is run by two providers.  A portfolio company of private equity group Quad-C Management, SDP is a leading specialty dental service organization that provides comprehensive support services to endodontic specialists across the United States.  According to data captured in the LevinPro HC database, this acquisition represents the 260th Physician Medical... Read More »
Spire Orthopedic Partners Acquires Ortho Rhode Island 

Spire Orthopedic Partners Acquires Ortho Rhode Island 

On June 26, Spire Orthopedic Partners announced that it acquired Ortho Rhode Island for an undisclosed price. Formed in 2015, Ortho Rhode Island was established from the merger of four prominent practices in Rhode Island. Headquartered in Warwick, Rhode Island, Ortho Rhode Island provides clinical care across six locations and a state-of-the-art ambulatory surgery center. The company offers clinical innovation through leading technologies, including robotic-assisted surgery, minimally invasive nano-operative arthroscopy and orthobiologics treatments.   Additionally, Ortho Rhode Island provides various ancillary service offerings including advanced imaging, orthopedic urgent care, durable... Read More »
Specialized Dental Partners Acquires McMurtrey Endodontics 

MB2 Dental Solutions Acquires 4 Practices in June, Entering 42nd State 

On June 24, MB2 Dental Solutions, a dental service organization (DSO) based in Carrollton, Texas, announced that it has acquired four practices in June 2024.   Hanna G. Hanania DDS, PC is a three-provider dental practice in Dale City, Virginia led by Dr. Hanna Hanania.   Based out of La Jolla, California, La Jolla Family Smile Design is a dental practice with four providers on staff.   Children’s Dentistry of Abilene is a pediatric dental practice with one location in Abilene, Texas. According to its website, the practice is run by one physician: Dr. Norm Poorman.  Pray Family Dentistry is a two-physician dental practice with one location in Anderson, South Carolina.... Read More »
Interview with John Tiedmann at Physician Growth Partners

Interview with John Tiedmann at Physician Growth Partners

We are always interested in the opinion of advisors, and other industry experts, regarding the Physician Medical Group (PMG) market. So, we put out a pulse survey to get a better feel of the current environment. From this survey, we spoke with John Tiedmann, Managing Director at Physician Growth Partners, to get his perspective on the market.   HOW OPTIMISTIC ARE YOU ABOUT THE MARKET, SCALE OF 1-5 I said ‘four’, so I am optimistic but not overly so. I’m optimistic because the market seems to be settling into a new norm. Over the last 18 months, market players have made peace with valuations, particularly sellers and physicians who realize that multiples might be lower than where they were... Read More »