Huron Adds-on to Spring & Sprout Dental Again
Search

Huron Adds-on to Spring & Sprout Dental Again

german nf1Spring & Sprout Dental Holdings, a platform company of Huron Capital Partners, has acquired Dan German Orthodontics.

spring and sprout nf1The buy of Dan German, which is based east of Dayton in Beavercreek, OH (www.germanorthodontics.com), marks the second expansion of Spring & Sprout in the past month. In February, Spring & Sprout acquired Rich Orthodontics (www.richorthodontics.com), an operator of seven dental practices in the Philadelphia metropolitan area.

Huron Capital Partners acquired Spring & Sprout in June 2014 as a platform to provide support services to dental specialists in pediatric dentistry and orthodontics. Since acquisition, Spring & Sprout has completed eight affiliations in Michigan, Ohio, Pennsylvania, Tennessee, and Texas. The company is headquartered southwest of Detroit in Dundee, MI (www.springandsprout.com).

Nick Barker nf1“Having just completed an affiliation with Rich Orthodontics in February, the Spring & Sprout platform continues to expand,” said Nick Barker, a Partner at Huron Capital. “We are excited to continue working with Michael and the team and look forward to seeking additional partnership opportunities for Spring & Sprout.”

Huron Capital Partners invests up to $70 million per transaction in middle market companies that have revenues up to $200 million and EBITDAs of $5 million or more. Sectors of interest include specialty manufacturing, business services, consumer goods & services, and healthcare.  The firm was founded in 1999 and currently manages over $1.1 billion in committed equity through four private equity funds. Huron Capital Partners has offices in Detroit and Toronto (www.huroncapital.com).

“With a well-established presence in the Dayton area, Dan German Orthodontics is a meaningful addition to the Spring & Sprout platform,” said Spring & Sprout CEO Michael Schwartz.

© 2016 Private Equity Professional • Private Equity’s Leading News Magazine • 3-16-16

To search in site, type your keyword and hit enter