Interview with Robert Aprill, Physician Growth Partners

Interview with Robert Aprill, 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 Robert Aprill, Partner at Physician Growth Partners, to get his perspective on the market.   How optimistic are you about the future of the PMG market within the next year or two? “I think there’s two forces at play so it’s a little bit of a complex answer. There’s going to be more Owners interested in selling and there’s going to be a lot of Buyers that are spooked by higher interest rates and broader headwinds in the PPM space. Physicians... Read More »
Heartland Dental Acquires Queens Road Dentistry 

Heartland Dental Acquires Queens Road Dentistry 

On June 7, Heartland Dental, based in Effingham, Illinois, announced that it acquired Queens Road Dentistry, a one-physician practice in Charlotte, North Carolina.   Queens Road Dentistry specializes in general dentistry care as well as orthodontic care. The practice is led by Dr. Forrest Norman and a support staff of three employees.  Heartland Dental is a dental support organization providing non-clinical, administrative support services with more than 2,600 doctors in more than 1,650 locations across 38 states. The company is majority owned by KKR, a global investment firm.  This transaction marks Heartland Dental’s seventh acquisition of 2024. The financial terms... Read More »
U.S. Oral Surgery Management Acquires 3 Dental Practices 

U.S. Oral Surgery Management Acquires 3 Dental Practices 

U.S. Oral Surgery Management (USOSM), a portfolio company of New York City-based private equity firm Oak Hill Capital Partners, announced that it was expanding its presence in Colorado, Kansas and California with the acquisition of three practices. Financial terms of the deal were not disclosed.   Led by Natalie J. Schafer, DDS, MS, Wheat Ridge Oral Surgery provides a full scope of oral and maxillofacial surgery (OMS) with expertise ranging from dental implant surgery and wisdom tooth removal to corrective jaw surgery. In addition, Dr. Schafer can diagnose and treat a wide variety of facial pain, injuries and fractures. According to its website, the practice has one provider on staff.... Read More »
Heartland Dental Acquires Queens Road Dentistry 

Guided Practice Solutions Dental Acquires 6 Dental Practices 

Guided Practice Solutions Dental announced that it acquired six dental practices: Gentle Care Dentistry in Las Cruces, New Mexico; Neely Dental in Vandalia, Ohio; New Teeth Dental, which is based in Houston and League City, Texas; Omni Dental in McMurry and Shadyside, Pennsylvania; Akron Smile Complete Health Dentistry, with one location in Akron, Ohio; and Shirer Family Dentistry operates out of one location in Aiken, South Carolina.   Guided Practice Solutions is a dental service organization founded in 2015 by Dr. Hunter Smith and Dr. William Little.  It received a strategic investment by Main Post Partners in 2021.  Together, these practices expand Guided Practice... Read More »
Imagen Dental Partners Acquires Dream Smile Center 

Imagen Dental Partners Acquires Dream Smile Center 

Imagen Dental Partners announced that it expanded its presence in Florida with the acquisition of Dream Smile Center. The financial terms of the deal were not disclosed.  Dream Smile Center operates out of one location in Fort Lauderdale, Florida. According to its website, it has two dentists on staff.  Imagen Dental Partners is a dental partnership organization founded in 2020 that joins with dental practices, invests in them and supports their growth. Imagen Dental Partners supports practices in California, Arizona, Texas, Minnesota, Florida, Georgia, South Carolina, Tennessee, Kentucky, Illinois, Indiana, Ohio, Michigan, Oregon and Wisconsin.  According to data captured... Read More »
DermCare Management Acquires Longhorn Dermatology 

DermCare Management Acquires Longhorn Dermatology 

On May 29, DermCare Management, a portfolio company of New York-based private equity firm Hildred Capital Management, announced that it was expanding its presence in Texas with the acquisition of Longhorn Dermatology.   Longhorn Dermatology, located in Spicewood, Texas, is a locally owned, independent dermatology practice. It offers general dermatology, surgical and Mohs surgery and cosmetic services for the whole family. According to its website, the practice has two providers on staff.  DermCare Management is a physician practice management company with clinics in California, Florida and Texas. It was founded in 2017 as a group of five founding practices including 15 South... Read More »