Silver Oak Services Partners Leads Recapitalization of Redwood Dental

Jul. 19, 2017 -Portfolio Company News

Evanston, IL – July 19, 2017

Silver Oak Services Partners, LLC (“Silver Oak”), a lower middle market private equity firm focused exclusively on service businesses, announced it has led the recapitalization of Redwood Dental (“Redwood”) in partnership with management and co-investors.  In conjunction with the recapitalization, Redwood completed the add-on acquisition of Holly Dental Care (collectively, the practices are referred to as the “Company”).

Founded in 1982, Redwood is a leading provider of general and specialty dentistry services in Detroit, MI, operating eight locations throughout the Detroit metropolitan area.  The acquisition of Holly Dental Care adds a ninth location.

“We are proud to announce our growth investment from Silver Oak.  We believe our partnership with Silver Oak will significantly enhance our growth trajectory going forward,” said Dr. Mark Bouchillon, President of Redwood.  Dr. Bouchillon will remain a part of the executive team at Redwood and retain a significant ownership stake in the business.

Silver Oak was attracted to dental services as a compelling sector for investment due to the recession-resistant nature of the sector, high fragmentation of the industry, low level of capital intensity and the availability of acquisition targets at reasonable multiples. Dan Gill, Managing Partner at Silver Oak, said, “We are excited to partner with Dr. Bouchillon and the rest of the team at Redwood.  Redwood is well-known in the industry for its high-quality patient care, and we believe Redwood has developed a best-in-class platform from which to grow.”  Redwood is actively looking for add-on acquisition opportunities.

Please contact Dan Gill or David Friedman of Silver Oak for additional information.

Silver Oak invests in business, consumer and healthcare services companies in the lower middle market, typically with EBITDA of $4 million to $20 million.

Silver Oak Services Partners, LLC
1560 Sherman Ave, Suite 1200
Evanston, IL 60201
Phone: 847-332-0400