Northwestern Management Services’ Dental Practices Boosted to 19
New York, September 20, 2010 – The Beekman Group, a private equity firm specializing in small and middle-market companies, today announced that majority-owned portfolio company Northwestern Management Services, LLC (operating as Gentle Dental) has acquired The Dental Team, a general and multi-specialty dentistry practice group with six offices, in Deerfield Beach, Coral Springs, Pompano Beach, Boca Raton, Boynton Beach, and West Palm Beach, FL.
Dr. Jacob Elefant, former owner of The Dental Team, will continue to lead the clinical operations of the acquired group, while Northwestern Management Services will provide administrative and practice management support services, just as it does to the existing Gentle Dental practices.
“We are excited to integrate The Dental Team into our organization and work with Dr. Elefant and his team,” said David Willens, CEO of Northwestern Management Services. “The combination of The Dental Team’s 6 practices with the 14 existing Gentle Dental practices will greatly enhance the combined group’s ability to provide high quality, yet affordable general, specialty and cosmetic dental care to our South Florida patients.”
Mr. Willens added that Northwestern Management Services remains interested in acquiring and developing additional South Florida general and specialty dental offices.
With the completion of this acquisition, Northwestern Management Services manages the largest dental practice group exclusively serving Southeast Florida.
“We are pleased to support Northwestern Management Services’ growth initiatives,” said John Troiano, The Beekman Group’s managing partner. “Since our initial acquisition in December 2007, we have worked with the NMS management team to more than double the Company’s revenues through new practice openings, expanding existing practices, and acquiring additional offices.”
About The Beekman Group
The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to small and middle-market companies. TBG’s team consists of experienced private equity professionals, as well as a select group of Industry Operating Partners who are leading executives in our targeted industry segments. This Industry Partner approach to investing is the cornerstone of our investment strategy – creating value through partnership in targeted industries with small and middle-market management teams. Visit The Beekman Group at www.thebeekmangroup.com.
About Northwestern Management Services
Northwestern Management Services LLC is a dental practice management company with a network of 19 retail-driven general and multi-specialty dental practices located in Southeast Florida operating under the brand name Gentle Dental. The Company’s practices provide comprehensive general, specialty and cosmetic dental services to its patients and participate in the majority of dental health care plans operating in Florida. For more information, please visit www.idealdentalcare.com.
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