RECENT RELEASES
Dental Care Alliance-
Business
Dental Care Alliance (“DCA”) is one of the largest multi-branded dental support organizations in the U.S. The company, founded in 1991 and headquartered in Sarasota, FL, supports a network of ~360 practices across 21 states in the Midwest, Mid-Atlantic, Northeast and Southeast of the U.S. DCA affiliated practices provide a full suite of dental services, including general dentistry, hygiene, pediatric dentistry, orthodontics, endodontics, periodontics, and oral surgery.
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Harvest Partners Investment
In July 2015, Harvest acquired DCA in partnership with management. To fund the acquisition, Harvest arranged the debt financing, which included a senior credit facility and mezzanine debt, and preferred equity financing.
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Investment Thesis
- Large, stable and highly-fragmented dental services market
- Stable platform with consistent performance and strong cash flows
- Highly diversified service, payor and geographic mix
- Scale platform with proven acquisition and de novo strategies
- Management team with a track record of success
