So it was announced last week that Florida State Representative Michael Bileca’s Towncare Dental Partners d/b/a Towncare Dental and Main Street’s Children Dentistry and Orthodontics is now “affiliated” with Dental Care Alliance based in Sarasota, Florida. Of course that means he unloaded the clinics. Who knows he may stay on as CEO, President or whatever he claims to be. Wonder if Mr. Bileca has bigger political ambitions and needs to rid himself of the DSO?
So, who is Dental Care Alliance? Beats the hell outta me! There’s a timeline after the press release. You figure it out.
What I do know is Steven Matzkin and Michael Bileca , their respective CEO’s are founders of that nasty group the Dental Group Practice Association (DGPA). So swapping control of dental clinics they illegally operate among themselves is akin to one of those underground “swingers” clubs.
Dental Care Alliance Press Release
Dental Care Alliance Acquires Towncare Dental Partners
Posted on January 16, 2013 by dcaSarasota, FL – Dental Care Alliance (DCA) announces the affiliation of Towncare Dental Partners (TDP).
“Towncare is an outstanding, well regarded company, and we are excited to have their team join DCA and expand our administrative resources to better support the needs of our affiliated dental professionals,” says Mitch Olan Co-CEO/COO of Dental Care Alliance. “Both DCA and Towncare place the same emphasis on quality care, provider support and patient satisfaction.”
The Florida-based companies have similar operating philosophies and more than 40 years of combined experience supporting the dental profession. The combined company will now manage the administrative services of 145 dental practices in 8 states.
“Our organizations share the same core values regarding the importance of offering convenient access to excellent, affordable dental care in a friendly, state-of-the-art environment. We identified DCA as the company best positioned to help us continue our growth,” says Michael Bileca, President of Towncare.
Formed in 1991 DCA is headquartered in Sarasota, FL, and works with affiliated dental practices in Florida, Georgia, Virginia, Maryland, Indiana, Illinois, Michigan and Pennsylvania.
CONTACT
Kevin Webb
Executive Vice President of Mergers and Acquisitions
(877) 357-4569
webbk@dentalcarealliance.com
Dental Care Alliance
6240 Lake Osprey Drive
Sarasota, Florida
34240
(941) 955-3150
CEO-CFO - Mitchell Olan
Chairman of the Board - President - Steven Matzkin, DDS
Prinicpal- David Nichols
September 24, 1997
Gentle Dental Service Corp. is purchasing 41 dental practices in California for about $22.75 million. The action to acquire the practices from Dedicated Dental Systems Inc. of Bakersfield will make Vancouver, Wash.-based Gentle Dental the nation's second-largest publicly traded operator of dental practices. The purchase will be made in cash and 1.7 million shares of Gentle Dental common stock. The acquisition is the latest in a series by Gentle Dental.
October 16, 1998
Gentle Dental Services Corp. of El Segundo said that it plans to merge with Sarasota, Fla.-based Dental Care Alliance Inc. in an $80-million stock deal that would create one of the largest publicly traded firms in the fast-growing dental practice management industry. The combination would create a company with annual revenue of about $175 million and 137 offices in Florida, California and several other Western states. The deal requires both shareholder and regulatory approvals.
October 16, 1998
Gentle Dental Services Corp. of El Segundo said that it plans to merge with Sarasota, Fla.-based Dental Care Alliance Inc. in an $80-million stock deal that would create one of the largest publicly traded firms in the fast-growing dental practice management industry. The combination would create a company with annual revenue of about $175 million and 137 offices in Florida, California and several other Western states. The deal requires both shareholder and regulatory approvals.
January 27, 1999
Gentle Dental Services Corp., a dental management company, said Tuesday that it has made 11 acquisitions in Southern California and Nevada as part of its ongoing plan to expand across the U.S. "Our goal is to continue to build our leadership position in the Western U.S. and . . . to achieve national market leadership in dental management services," said Michael Fiore, chairman, chief executive and president of Gentle Dental.
May 20, 1999
El Segundo based InterDent Inc., the nation's largest dental practice-management company, said it acquired Serra Park Dental Services Inc. for an undisclosed amount to offer more services in the San Francisco Bay Area. Serra Park's 10 offices in the San Francisco area will bring InterDent's total number of California offices to 60. Santa Clara-based Serra Park has about $14 million in annual revenue.December 2007.
2000-2001 – Levine Leichtman Capital Partners invests. After quickly acquiring 244 offices in just three years, they couldn’t pay their bills and were forced to unload 80 offices that totaled $70 million in sales to provide much needed cash according to an article written in late 2001 by H. Wayne Posey, Chairman & CEO, InterDent, Inc. Steven Matzkin, Co-Chairman and President and CEO of Dental Care Alliance, held the same positions when Levine invested.
http://www.llcp.com/about_news_Interdent_6.16.00.html
- Profits had gone from $5.2-mil to losses of $48.7-mil, according to an article by Sean Roth and – Out of the Public Eye Companies March 31, 2006.
– Steven Marzkin, David Nichols, and Mitchell Olan gathered other investors to purchase the 80 clinics their own merged company, InterDent, needed to unload and put them back under the corporate heading of Dental Care Alliance (DCA).
2003 – InterDent filed for Bankruptcy protection.
2004 – In December Levine Leichtman Capital Partners invested further taking the majority stake in InterDent from DDJ Capital Management, LLC. Both had provided Debtors-in-Possession financing for InterDent during it’s bankruptcy reorganization.
2006 – Traveling InterDent oral surgeon, Dr. Richard D. Bae, od’s on Fentanyl.
2008 – Dr. Bae’s wife sues InterDent Kim v. Interdent, Inc., No. C 08-5565 SI in the U.S. District Court for the Northern District of California.
- Entered into a Corporate Integrity Agreement with the Office of Inspector General due to fraudulent billing. I’m guessing that performance base compensation scheme” didn’t work out so well.
April 1, 2008
David Willens CEO, Gentle Dental / NMS (Seller of Predecessor Company to TBG) Gentle Dental / NMS was originally owned by CEO, David Willens, and his partner, each owning 50% of the Predecessor Company. TBG purchased control of the Company in a recapitalization, allowing Mr. Willens to buy out his partner and roll a significant amount of equity into the Company. Since closing, NMS has grown its footprint in South Florida from 9 facilities to 19 facilities in three years. David A. Willens, Esq. Healthcare Services Mr. Willens has over 16 years of healthcare operating and transactional experience concentrated in dental practice management and clinical laboratory services. He began his career as a corporate attorney at Kirkland & Ellis specializing in middle market mergers and acquisitions and subsequently has held senior operating roles at a number of healthcare companies including Universal Standard Medical Laboratories, Dental Care Alliance and InterDent. Mr. Willens is currently the CEO of TBG NMS, Fund I's (The Beekman Group Northwest Management Services Fund I)dental practice management company, which he co-founded in 2002.
http://www.zoominfo.com/CachedPage/?archive_id=0&page_id=5971715380&page_url=//www.thebeekmangroup.com/profiles-industry-partners/david-a-willens-esq&page_last_updated=2012-06-26T08:49:06&firstName=David&lastName=Willens
December 13, 2007
The Beekman Group acquired controlling interest in Northwest Management Services, Inc. dba Gentle Dental
http://www.thebeekmangroup.com/news-1/the-beekman-group-announces-controlling-investment-in-recapitalization-of-northwestern-management-se
September 1, 2009
Beekman Group’s Northwest Management Services opens two more facilities in Florida.
http://www.thebeekmangroup.com/news-1/northwestern-management-services-announces-the-opening-of-two-new-locations
In 2008. InterDent entered into a 5 year Corporate Integrity Agreement with the Office of Inspector General due to fraudulent billing by at least two of it’s Dedicated Dental clinics in California. They also agreed to pay $364,500 in restitution and pay $364,500 in damages. The 5 year Corporate Integrity Agreement expires on June 20, 2013.
John Steinbrun signed the Corporate Integrity Agreement as President and CEO of InterDent, Inc and InterDent Service Corporation and Scott Breman signed as President and CEO of Dedicated Dental Systems Incorporated.
January 10, 2010
Beekman Group’s Northwest Management Services operating as Gentle Dental, purchased Flamingo Dental Group.
http://www.thebeekmangroup.com/news-1/northwestern-management-services-completes-acquisition-of-flamingo-dental-group
September 20, 2010
The Beekman Group, majority shareholder in Northwestern Management Services, LLC (operating as Gentle Dental), announced it had acquired ‘The Dental Team'”, operating as Specialty Dental Practice, a general and multi-specialty dentistry practice group with six offices, in Deerfield Beach, Coral Springs, Pompano Beach, Boca Raton, Boynton Beach, and West Palm Beach, FL
Dr. Jacob Elefant, former owner of The Dental Team, will continue to lead the clinical operations of the acquired group, while Northwestern Management Services will provide administrative and practice management support services, just as it does to the existing Gentle Dental practices.
“We are excited to integrate The Dental Team into our organization and work with Dr. Elefant and his team,” said David Willens, CEO of Northwestern Management Services. “The combination of The Dental Team’s 6 practices with the 14 existing Gentle Dental practices will greatly enhance the combined group’s ability to provide high quality, yet affordable general, specialty and cosmetic dental care to our South Florida patients.”
August 8, 2012 – Levine Leichtman unloads the InterDent, Inc to H.I.G
H.I.G. Capital acquired InterDent Inc . from Levine Leichtman Capital Partners , ending a 12-year holding period where the dental chain operator had shed more than one-third of its facilities.
October 10, 2012
Linden Capital Partners purchased majority ownership in Northwestern Management Services LLC , which does business as Gentle Dental and appears to be their midwest offices.. The Beekman Group a small, New York buyout shop acquired a majority stake in the InterDent.
http://pevc.dowjones.com/Article?an=DJFLBO0020121010e8aap647t&cid=32135011&ctype=ts&pid=15&ReturnUrl=http%3a%2f%2fpevc.dowjones.com%3a80%2fArticle%3fan%3dDJFLBO0020121010e8aap647t%26cid%3d32135011%26ctype%3dts%26pid%3d15
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