Private equity company New Mountain Capital acquired Georgia-based dental services company Benevis from Lincoln International.
Benevis provides non-clinical business support services to more than 150 dental offices in more than 15 states, treating more than 2 million patients annually. Benevis’ supported dental practices offer patients general dentistry and specialty care, including orthodontics and oral surgery, and primarily serve the pediatric State Medicaid and commercial payer markets.
“We are honored to have worked with the leadership team at Benevis and look forward to watching the company’s continued growth and evolution,” Nick Konstantinou, managing director in Lincoln’s healthcare group, said.
“Benevis has a great new home partnering with New Mountain Capital. The subsectors of dental practice support services and pediatric focused healthcare services are important verticals for Lincoln’s healthcare group and we are proud to add this important assignment to our list of accomplishments,” Phillip Knotts, director in Lincoln’s healthcare group, said.
“It was a pleasure working with Scott Mell as chief restructuring officer, his team at Riveron and the Jackson Walker team,” Brendan Murphy, managing director in Lincoln’s special situations group, said. “This transaction helped to showcase our multi-faceted deal team, combining special situations expertise with an extensive healthcare services M&A offering.”