Huron Capital Closes Investment in Dynamic Dental Partners
Private equity firm Huron Capital Partners announced the first in a series of planned investments in the dental services industry with an investment in Dynamic Dental Partners. Based in Sarasota, DDP is a dental services organization that provides operational support to a network of dental practices located in Florida, Arizona and Virginia.
“We are thrilled to be partnering with Huron Capital,” said Dr. Alex Giannini, DDP’s CEO. “We see a significant opportunity to continue building DDP and are grateful to have a like-minded partner in Huron who can provide the capital and operational expertise necessary to help us do so. We anticipate making several more acquisitions to continue expanding our footprint and partnering with dentists to provide exceptional quality of care to as many patients as possible.”
Huron aligned with DDP’s management team to provide the investment necessary to bring together the current network of practices with capital reserved to fund future acquisitions. The transaction marks Huron’s second investment in the dental industry, having acquired a majority interest in short-term cosmetic orthodontics provider Six Month Smiles in January 2013.