Sterling Partners has made an investment in Kids Care Dental Group, a multi-unit pediatric dental care practice that serves toddlers, children and teens.
Kids Care Dental Group is a six office provider of pediatric dental care to toddlers, children and teens. Services include dentistry, orthodontics and oral surgery. The company has 170 employees and is based in Sacramento (www.kidscaredentalgroup.com).
Dr. Aaron Reeves, Kids Care founder and chairman, will remain as an investor and continue as a board member. “We chose Sterling Partners due to their track record for growing healthcare companies that focus on quality patient experiences,” said Dr. Reeves, who founded the practice in 2002. “Sterling shares our long-term vision for expansion, attracting top talent, forming new relationships with families and changing the way kids and their parents think about going to the dentist.”
Sterling Partners invests growth capital in industries with positive, long-term trends and provides ongoing support to management through a dedicated team of industry veterans, operators, strategy experts and human capital professionals. Sectors of interest include education, healthcare and business services. The firm was founded in 1983 and has offices in Chicago, Baltimore, and Miami (www.sterlingpartners.com).
“As a firm that is drawn to purpose-driven businesses, we were attracted to Dr. Reeves’ steadfast devotion to providing a differentiated dental model for kids,” said Dan Hosler, a Sterling Partners principal. “We will leverage our experience operating multi-unit businesses to help the company accelerate its growth trajectory so that its dental health professionals can focus on what they do best: providing a positive patient experience that builds lifelong oral hygiene habits.”
© 2013 PEPD • Private Equity’s Leading News Magazine • 2-21-13
