Surge Private Equity (Surge) has acquired Optim Dental and Vogue Dental (Optim Dental) via its healthcare platform Access Dental Management (Access Dental).
With a reported transaction value of approximately USD10 million, the deal closed with debt financing provided by Corbel Capital Partners (Corbel).
Founded in 2014, Optim Dental has built up a growing network of five large dentistry practices throughout North Central Illinois, along with a sixth location in Indiana. The group serves patients with personalised dental treatment and advanced professional care distinguished by genuinely caring dental staff and assistants. Each clinic offers services ranging from general dentistry to specialty procedures such as orthodontics, dental implants, and oral surgery.
The transaction marks Access Dental’s entry into the Illinois and Indiana markets and constitutes the fourth add-on acquisition closed by the DSO so far in 2021.
Surge’s Juan Pablo Andrade says: “Optim Dental will expand our footprint outside of Texas. The operations have consistently grown their customer base over the past half-decade and are true household names in their respective markets. Surge and Access Dental will provide substantial additional resources and expertise to accelerate the company’s growth and scale.”
