October 10, 2012
PRESS RELEASE
Harris Williams & Co., a middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Northwestern Management Services, LLC (NMS) doing business as Gentle Dental (Gentle Dental), a leader in the dental service organization (DSO) industry, to Linden Capital Partners (Linden). Gentle Dental was a portfolio company of The Beekman Group, LLC (TBG). Harris Williams & Co. acted as the exclusive financial advisor to Gentle Dental. The transaction closed on October 5, 2012 and was led by James Clark, Geoff Smith and David Allebach.
“Gentle Dental has established itself as a clear leader in the attractive South Florida dentistry market through its commitment to quality, operational excellence and results-driven approach to physician and practice support. In addition, this transaction demonstrates investors’ continued strong interest in the DSO sector driven by investors’ desire to find scalable business models in markets positioned to benefit from positive demographic trends,” said James Clark, a managing director in Harris Williams & Co.’s Healthcare & Life Sciences (HCLS) Group.
