The Beekman Group Makes Growth Capital Investment In Delaware Valley Management Holdings, Inc.

May 19 - 2014
Industry : Healthcare
Related Company: TBG Food Acquisition Corp.

Beekman Investment Partners II, LP (“Beekman”) today announced that its affiliate has made a growth capital investment in Delaware Valley Management Holdings, Inc. (“Delaware Valley” or “DVM”), which, operating through its subsidiaries, is a leading provider of non-clinical office support and administrative services to a network of dental practices located in the Philadelphia metro corridor, which operate under the name Simply Beautiful Smiles (“SBS”). SBS was founded in 2000 by Louis A. D’Angelo, D.M.D. and provides comprehensive general and multi-specialty dental services through a patient-focused service approach.

Dr. D’Angelo, Delaware Valley’s Founder and Chief Executive Officer, stated “The Beekman Group’s experience in building middle market businesses, their extensive Industry Partner network and specific experience with healthcare service businesses made them a natural choice as our capital partner. We look forward to their continued support and financing in achieving our strategic growth plans over the next several years.”

Andrew Marolda, Managing Director at Beekman, added “The Beekman Group seeks to engage with and support strong management teams and facilitate the successful execution of that team’s growth strategies. We are excited to partner with Dr. D’Angelo and team and provide DVM with the capital and resources to continue their successful expansion.”

Delaware Valley is the sixth investment in Beekman’s second private equity fund and its second investment in the dental practice management industry.

About The Beekman Group

The Beekman Group is a leading private equity firm, based in New York, dedicated to bringing financial and operational resources to lower middle-market companies. Beekman’s team consists of experienced private equity professionals, as well as a select group of Industry Partners, who are leading executives in Beekman’s targeted industry segments. This Industry Partner approach to investing is the cornerstone of Beekman’s investment strategy – creating value through accelerating growth in partnership with small and middle-market management teams. For more information, please visit www.thebeekmangroup.com.

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