Topspin LBO and AUA Private Equity announced today that they have invested in Brighter Dental Care, a regional dental practice management company. Topspin and AUA partnered with the existing owner-operators of the company, brothers Scott and Todd Singer, who will continue to manage the company going forward.
Brighter Dental Care’s affiliated dental practices provide comprehensive, multi-specialty dental care from routine dental visits to the most complicated of dental procedures, including orthodontic, periodontic, endodontic and oral surgery procedures. The company operates and manages seven affiliated dental practices in New Jersey (www.brighterdental.com).
“This is a great addition to our portfolio. Brighter Dental has a recognizable brand name and an outstanding reputation in the New Jersey market. The company has significant growth opportunities as it opens new locations for managed practices and the right team to capitalize on them,” said Leigh Randall, Managing Director at Topspin LBO.
Mr. Scott Singer will run all non-clinical aspects of the business in his capacity as Chief Executive Officer and Dr. Todd Singer will run the clinical side of the company, serving as Chief Clinical Officer. “We are excited to have Topspin and AUA as our partners. Dr. Singer and I have built this company successfully over many years, and wanted to team with like-minded partners to help drive its continued growth,” said Scott Singer.
“Brighter Dental is a unique opportunity to partner with a well-respected management team with a proven business model, and we look forward to teaming with management and Topspin to grow it,” said David Benyaminy, Partner at AUA Private Equity Partners. Topspin LBO makes control investments in profitable and established lower middle-market businesses. Sectors of interest include consumer products, business services, food/beverage, retail, media, niche manufacturing and security. The firm is based in Roslyn Heights, NY (www.topspinlbo.com).
AUA Private Equity Partners makes equity investments in companies in the consumer, media and business services sectors with a particular focus on Hispanic-oriented companies and family-owned businesses located in the United States. The new firm plans to invest $10 to $30 million of equity in companies that generate $3 million to $15 million in EBITDA. AUA Equity will make control and significant minority investments in a variety of transactions and structures including: traditional leveraged buyouts; growth equity; recapitalizations; and roll-up strategies. Since 1997, AUA Equity’s principals have made over 25 private equity investments which include: Reddy Ice Group, El Pollo Loco, TRUFOODS, Two-Twenty Records Management and Brighter Dental Care. The firm is based in New York, NY (www.auaequity.com).