Tonka Bay Equity Partners has formed AppleWhite Dental, a Dubuque, IA-based dental practice management company formed to acquire dental practices in Iowa and surrounding states. No financial terms were disclosed, according to a press release.
Working with Thomas McCoy, D.D.S., and industry veteran Yvonne Mayberry, AppleWhite's strategy is to develop a group of dental practices designed to replicate the traditional office experience, with the cost advantages and management expertise of a group practice, the company said. AppleWhite so far has acquired five Iowa-based dental practices.
Tonka Bay said it has previous experience in the dental management industry through its investment in Midwest Dental.
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