Smile Brands has completed the acquisition of Midwest Dental, a dental service organization (DSO) with more than 230 offices located primarily in the upper Midwest and New England regions.
Smile Brands is a portfolio company of Gryphon Investors, a private equity firm based in San Francisco.
The combined company is now one of the largest DSOs in the U.S., representing 650 offices and more than 8,000 employees, including 2,200 dentists and hygienists operating in 30 states.
"Our combination with Midwest Dental is a game changer for Smile Brands, and highly impactful to our industry, increasing Smile Brands' scale and footprint by over 50% while furthering our mission of delivering 'Smiles for Everyone,' " said Steve Bilt, CEO of Smile Brands. "Midwest Dental is a top-10 DSO nationwide and a long-standing market leader. We believe the combined company will continue to deliver best-in-class support to dental practices, and thereby patient care to individuals and families nationwide, and be ideally positioned for future growth."
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