Heartland Dental Acquires American Dental Partners (ADPI)

May 14, 2021

Heartland Dental, the Effingham, Illinois-based dental support organization majority owned by KKR, signed an agreement to acquire American Dental Partners (ADPI), a Wakefield, Massachusetts–based DSO that supports 23 dental group practices and roughly 278 locations. ADPI, a portfolio company of JLL Partners, will join Heartland’s network (creating a combined footprint of over 2,300 supported dentists and more than 1,400 locations); the deal is structured as an add-on to Heartland’s KKR-backed platform and is expected to close in Q2 2021 subject to customary conditions.

Buyers
Heartland Dental, KKR
Targets
American Dental Partners (ADPI)
Sellers
JLL Partners
Platforms
Heartland Dental
Location
Massachusetts, United States
Transaction Type
Addon

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