Deloitte Corporate Finance acted as exclusive financial advisor to Atlanta-based VSM Management d/b/a Southern Dental Alliance on its sale to Pouschine Cook Capital Management and its co-investor group.
Southern Dental is a multi-specialty dental service organization in the Southeastern U.S. with 32 clinic locations across eight brands.
“DCF’s assistance was indispensable for us throughout the transaction process, offering both expertise in the space and extensive resources. We are excited about our future growth prospects and the new partnership with Pouschine Cook,” said Mark Lakis, CEO of Southern Dental.
Tom Harbin, managing partner at Source Capital, echoed the sentiment, “DCF’s deep knowledge of the dental space was invaluable and helped lead to a successful transaction. We could not be more pleased with the outcome.”
“We’ve completed quite a few deals in the dental space in recent years,” said Tom Spivey, managing director, Deloitte Corporate Finance. “That niche sector experience tells us Southern Dental has built an impressive platform in the Southeastern U.S. Its new partnership with Pouschine Cook could allow the company to move forward with several acquisitions and growth opportunities in its robust pipeline.”
Pouschine Cook invests in niche, lower-middle-market companies that are leaders and innovators in their respective industries, with a focus on health care services and business products and services. Source Capital is a private equity firm founded in 2002 which makes both control equity investments and mezzanine debt investments into mature, lower middle-market U.S. companies across a range of industries.