News

December 13, 2007

The Beekman Group Announces Controlling Investment in Recapitalization of Northwestern Management Services, LLC

The Beekman Group today announced the recapitalization and acquisition of a majority equity interest in Northwestern Management Services, a leading dental practice management company with a network of eleven retail-driven dental practices located in Southeast Florida, operating under the brand name, Gentle Dental. NMS provides comprehensive general family dentistry, preventive care and multiple specialty dental services to its growing patient base. The investment represents a platform opportunity to continue to expand, through acquisition and new practice growth, the existing network of practices in a stable, growing industry sector. NMS management is led by founder and CEO, David Willens, who will continue to own a significant interest in the Company, and a senior management team with over 70 years of experience in dental practice management and a proven history of operational execution and achieving growth organically, through acquisitions and through opening de novo practices. David Willens commented, “This investment by The Beekman Group will provide us with access to substantial additional capital to allow us to accelerate the expansion of our dental group both in South Florida and other potential locations in the United States.” The Beekman Group’s CEO, John G. Troiano, remarked, “We are very excited to be partnering with David Willens and his management team in continuing to build the Gentle Dental platform. This management team has built a company with practices that perform substantially better than industry peers and a deep corporate infrastructure which positions it for future growth.” The investment further represents the results of proactively identifying investment opportunities in health care services - one of Beekman’s targeted industry sectors. About The Beekman Group The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to small middle-market companies. TBG’s team consists of experienced private equity and operating professionals, as well as a select group of Industry 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 with small middle-market management teams. For more information please contact [email protected].