PE Firms Go in Big for Dental Deals

PE Firms Go in Big for Dental Deals

Buying dental practices has been a competitive sport for a few years now, especially among private equity firms. Eighteen deals for dental practices have been announced through July 20 this year (no prices, of course). In all of 2017,  30 deals for dental practices were announced, with the buyers either private equity firms getting in on the action, or making add-on acquisitions. Last year’s consolidations have become large platforms today. One example is Western Dental Group, a portfolio company of New Mountain Capital since 2012, which has been cobbling together a California base focused on pediatric and family dental practices. In 2017, Western Dental added 14 Smile Wide offices... Read More »

Compassus Expands Its Hospice Footprint

Compassus, formerly known as Hospice Compassus, last week announced its acquisition of Hospice Advantage, based in Bay City, Michigan, from Sentinel Capital Partners. Hospice Advantage offers end-of-life care with locations in Alabama, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, Tennessee and Wisconsin. The service area of the combined company, which will operate as Compassus, will extend to 150 locations in 28 states, serving more than 30,000 patients and their families each year. This acquisition builds on Compassus’s acquisition of Life Choice Hospice in February 2015. Financial terms were not disclosed in... Read More »