TriSpan Recapitalizes SmartArches Dental Implants from ProSmile

ProSmile (TriSpan-backed) Acquires Destiny Dental Practices

August 30, 2024

Dental

ProSmile, a TriSpan-backed multi-specialty dental services organization, completed the acquisition of Destiny Dental practices across Michigan, Illinois, Indiana and Wisconsin, adding 20 offices and establishing ProSmile's presence in the Midwest. The deal was supported by lender BankUnited and continues ProSmile's roll-up strategy as a TriSpan portfolio company expanding via add-on acquisitions.

ArchStar Capital Leads Recapitalization of Tess Oral Health with Support from Parkway Capital

June 18, 2024

Medical Devices

ArchStar Capital led a recapitalization investment in Tess Oral Health, the Eau Claire, Wisconsin-based manufacturer of custom-imprinted toothbrushes and dental kits. Parkway Capital (part of Calvert Street Investment Partners) provided subordinated debt and equity to support the transaction; proceeds will be used to bolster Tess's sales, marketing and operational capabilities.

ProSmile (TriSpan-backed) Acquires Four Dental Practices in Maryland, Virginia and Washington D.C.

November 23, 2022

Dental

ProSmile, a TriSpan-backed dental support organization, completed the acquisition of four dental practices located in Maryland, Virginia and Washington D.C., marking the platform's entrance into Washington D.C. and Virginia. The add-on expands ProSmile's Mid-Atlantic footprint and follows several prior add-on acquisitions since TriSpan's initial investment in May 2019.

TriSpan and Keyhaven Capital Acquire Real Good Dental

July 5, 2021

Healthcare Services

TriSpan LLP, backed by Keyhaven Capital Partners, has acquired Real Good Dental, the second-largest dental practice group in Scotland with 46 practices serving over 350,000 patients. The transaction positions Real Good Dental for accelerated growth through geographic expansion, service offering expansion (including aesthetics under the Westerwood Health brand) and add-on consolidation across the UK.

TriSpan-backed PG Dental Acquires 17 Dental Practices in New Jersey and Pennsylvania

June 2, 2020

Dental

TriSpan and PG Dental Holdings, LLC announced the acquisition of 17 dental practice locations across New Jersey and Pennsylvania, expanding PG Dental’s platform to support 27 multi-specialty dental practices pro forma. Financial terms were not disclosed; the deal deepens PG Dental’s presence in New Jersey and establishes the group’s first practice in Pennsylvania.

TriSpan Opportunities Fund Acquires Majority Stake in PG Dental Holdings

June 3, 2019

Healthcare Services

TriSpan Opportunities Fund LP acquired a majority interest in PG Dental Holdings, LLC in partnership with the company's management team and owners of certain affiliated practices. PG Dental is a regional dental support organization providing non-clinical administrative services to affiliated dental practices across the New England and Mid-Atlantic regions; the company supported dentists who served approximately 70,000 patients in 2018. Financial terms were not disclosed.