Silver Oak Services Partners, a lower middle market private equity firm focused exclusively on service businesses, announced today that it has made an investment, in partnership with the founders and management, in a national provider of pediatric dental, orthodontic and vision practice management services (“Pediatric DPM”).
The Pediatric DPM is a leading provider of healthcare practice management services for dental, orthodontic and vision practices that focus on pediatric Medicaid patients. The dental practices offer a comprehensive set of services, including prevention, restoration, endodontics, orthodontics and oral surgery. The vision practices are typically co-located with the dental practices and provide eye evaluations and corrective lenses. The Company operates more than 20 locations nationwide. These practices serve more than 1,000 patients per day and focus on children under the age of 19.
The Founders will continue on in their current roles with the Pediatric DPM and are retaining significant ownership stakes in the business.
Dan Gill, Managing Partner at Silver Oak, said “Silver Oak has targeted the dental practice management sector for several years, and we are pleased to have partnered with a company who has such a strong reputation as a high-quality service provider and maintains a nationwide geographical presence. The Company has a successful track record of de novo and acquisition growth across the country, and we look forward to working closely with management to support continued growth.” Mr. Gill has led investments in several multi-site healthcare services platforms including Physicians Endoscopy and Physical Rehabilitation Network.
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 $3 million to $20 million.
Silver Oak Services Partners, LLC
1560 Sherman Ave, Suite 1200
Evanston, IL 60201