Mid-Atlantic Dental Partners Promotes Pamela Holder to Chief Revenue Officer
Former SVP of Revenue Cycle Management will oversee revenue operations companywide
Plymouth Meeting, PA and Plano, TX– October, XX 2020 – Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists, have announced the promotion of Pamela Holder to Chief Revenue Officer. In her new role, Holder will oversee revenue operations companywide and the growth and expansion of Mid-Atlantic Dental.
Holder brings more than 12 years of dental and healthcare revenue experience to her role at Mid-Atlantic Dental. She joined the company in January 2019 as Vice President of Revenue Cycle and was promoted to Senior Vice President of Revenue Cycle Management the following year. Prior to joining Mid-Atlantic Dental, she headed her own consulting firm where she worked with DSOs and solo practices to analyze all aspects of the revenue cycle.
“Pam is one of the best examples of how you can accomplish anything you desire if you are dedicated, humble and willing to work hard” said Leigh Feenburg, Chief Operating Officer of Mid-Atlantic Dental Partners. “Pam has touched the lives of literally thousands in her career, leaving the most positive impressions on those she supports and advancing so many careers of those she has led.”
Holder holds a Bachelor’s Degree in Political Science, with a concentration in Foreign Policy of the Middle East, from Oakland University in Rochester, Michigan. As a former executive of one of the country’s largest DSOs, Holder has been a member of ADSO, NDEDIC, AADGP, NADP and sat on the DSO Advisory board for NADP. In 2015, Holder was a Stevie Bronze Medal winner for National Businesswoman of the Year and a Rising Star Award nominee for the National Dental EDI Council in 2016.
Founded in 2016, Mid-Atlantic Dental Partners offers dentists a DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists and other dental professionals can focus on delivering the highest quality care to their patients. In addition, Mid-Atlantic Dental Partners supported practices offers associate dentists an opportunity to participate in the financial success of the practices. The company currently has 200 practices in 17 states and will continue to expand its national footprint and tap into new markets.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
For more information, visit http://www.mid-atlantic dental.com/.
Transaction makes Mid-Atlantic Dental Partners one of the largest DSOs in the U.S
Plymouth Meeting, PA & Plano, TX – Mid-Atlantic Topco LLC, operating as Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists and their patients and a portfolio company of S.C. Goldman & Company, LLC (“S.C. Goldman”), announced today that it has acquired DentalOne Partners (“DentalOne”) from Dental Investments, LLC.
Under the terms of the agreement, Mid-Atlantic Dental Partners acquired the equity of DentalOne’s operating subsidiaries in an all-cash deal.
Founded in 1981 and headquartered in Plano, Texas, DentalOne is one of the first and largest DSOs nationally with approximately 150 affiliated offices across 13 states and 27 markets. DentalOne’s mission to change the dental space by supporting smart, technologically advanced practices, where doctors are free to focus on patient care without the burdens of running the administrative aspects of their practice, melds perfectly with the approach that has defined the business philosophy of Mid-Atlantic Dental Partners.
Founded in 2016, Mid-Atlantic Dental Partners offers dentists a DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists and other dental professionals can focus on delivering the highest quality care to their patients. In addition, Mid-Atlantic Dental Partners’ supported practices offer associate dentists an opportunity to participate in the financial success of the practices. Over the last three years, Mid-Atlantic Dental Partners has built an exceptional management team with deep dental, operational, and entrepreneurial experience.
The acquisition will increase Mid-Atlantic Dental Partners affiliated offices to more than 240 operating in 18 states.
“This acquisition allows us to further transform Mid-Atlantic Dental Partners into a nationally recognized DSO. We’re proud of the positive impact we’ve made in the dental industry in just three years and look forward to continuing that success with DentalOne Partners,” said Mitchell Goldman, Chief Executive Officer of Mid-Atlantic Dental Partners. “Dentists, hygienists, dental assistants and office staff are the true assets of our supported practices, and we will strive to raise the importance of all dental professionals in improving the overall health care of patients and populations.”
“Today marks an exciting milestone in the ongoing journey of DentalOne. Being part of a larger organization will give us the opportunity to access new resources and accelerate and improve practice support and initiatives,” David Marks, DentalOne’s CEO, said. “Our goal has and will always be to add value to the practices, and to the clinical teams that provide outstanding patient care every day.”
Houlihan Lokey served as the exclusive financial advisor to DentalOne. Morgan, Lewis & Bockius LLP advised DentalOne in the transaction. Duane Morris LLP and Waller Lansden Dortch & Davis served as legal advisors to Mid-Atlantic Dental Partners. In addition, Pricewaterhouse Coopers, LLP, KPMG LLP and The Berkley Group, LLC served as advisors to Mid-Atlantic Dental Partners on the transaction. Debt financing for the transaction was provided by CRG, L.P.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
Founded in 2011, S.C. Goldman & Company is a family partnership which acquires North America-based middle-market companies with leading market positions in healthcare, services, and industrials. The firm’s permanent capital structure allows for efficient decision-making and real-time flexibility to structure transactions. Through partnership with its management teams, S.C. Goldman aims to create long-term partnerships capable of building enduring value, for both shareholders and employees of portfolio companies.
About DentalOne Partners
DentalOne Partners is one of the nation’s largest and most progressive dental support organizations, supporting approximately 150 affiliated dental practices and dentists in 13 states. A pioneering force in the field of dental services management for nearly 40 years, DentalOne Partners works closely with a diverse mix of dedicated dentists, hygienists, dental assistants and office staff to provide outstanding patient care.
Plymouth Meeting, PA and Denver, Colorado – January 14, 2019 – Mid-Atlantic Dental Service Holdings LLC, operating as Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists and their patients and a portfolio company of S.C. Goldman & Company, LLC (“S.C. Goldman”), announced today that it completed its acquisition of Birner Dental Management Services, Inc. (OTCQX: BDMS) (“Birner Dental”).
In connection with the transaction, an affiliate of Mid-Atlantic Dental Partners purchased all of the outstanding shares of Birner Dental for $10.62 in cash. Birner Dental shareholders also received one Contingent Value Right (CVR) per share of Birner common stock owned. The CVRs entitle former Birner Dental shareholders to an additional cash payment of up to $0.13 per share under certain circumstances on June 14, 2020.
“Today’s announcement is an exciting milestone for Mid-Atlantic Dental Partners, and we’re thrilled to welcome the Perfect Teeth family to our team,” said Mitchell Goldman, Chief Executive Officer of Mid-Atlantic Dental Partners. “At Mid-Atlantic Dental we have created a unique partnership model that allows us to support dental professionals so that they can focus on caring for their patients. We’re thrilled to expand this model to the southwest and mountain states.”
Mid-Atlantic Dental Partners offers dentists a new DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists can focus on delivering the highest quality care to their patients.
“I am extremely excited about the opportunity for growth of the Perfect Teeth footprint in the southwest and mountain states. This growth will happen thoughtfully, ensuring a first-class team of dentists and hygienists, and a focus on the importance of oral health within a patient’s overall healthcare picture,” said Marlene Kacy, Vice President for Regional Operations for the Mountain Region.
“Mid-Atlantic Dental Partners and Perfect Teeth together make a very strong partnership. Building on the established brand in the region, Mid-Atlantic has the ability to provide needed resources to build and expand the Perfect Teeth brand through significant investments in state-of-the-art technology, our clinical and administrative teams, and the offices. With the focus always on the ultimate patient experience,” added Leigh Feenburg, Chief Operating Officer of Mid-Atlantic Dental Partners.
The success of Mid-Atlantic Dental is due in part to the consistent growth of the U.S. dental care industry, driven largely by the aging Baby Boomer population, paired with an increasing number of dentists looking to reduce practice administrative burdens. These factors have positioned Mid-Atlantic Dental’s partnership model as a win-win solution.
Upon closing, Birner will become Rocky Mountain Dental Services Holdings, LLC. Birner will continue to be based in Denver, Colorado and will be locally managed. The newly affiliated locations will continue to do business under the Perfect Teeth brand.
Houlihan Lokey served as the exclusive financial advisor and Duane Morris LLP, DLA Piper LLP and Waller LLP served as legal advisors to Mid-Atlantic Dental Partners. DLA Piper LLP served as legal advisors to S.C. Goldman & Company. Cain Brothers, a division of KeyBanc Capital Markets Inc. served as the exclusive financial advisor and Faegre Baker Daniels LLP served as legal advisor to Birner Dental Management Services, Inc.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental professionals and dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
Founded in 2011, S.C. Goldman & Company is a family-based partnership which acquires North America-based middle-market companies with leading market positions in healthcare, services, and industrials. The firm’s permanent capital structure allows for efficient decision making and real-time flexibility to structure transactions. Through partnership with its management teams, S.C. Goldman aims to create long-term partnerships capable of building enduring value, for both shareholders and their employees.
About Birner Dental Management Services, Inc.
Perfect Teeth is a group of dental offices dedicated to providing gold standard patient care and services to every patient, every day. Since opening the doors in 1995, Perfect Teeth dental practices have provided family-friendly dental care for patients of all ages in Colorado, New Mexico and Arizona.
This communication contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include statements concerning anticipated future events and expectations that are not historical facts. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including, without limitation, factors described under the heading “Risk Factors” in Part I, Item 1A of Birner’s Annual Report on Form 10-K for the year ended December 31, 2017. The Company disclaims any obligation to update these forward-looking statements.
http://www.mid-atlanticdental.com/wp-content/uploads/2018/10/MADPlogo-1080.jpg00madpadminhttp://www.mid-atlanticdental.com/wp-content/uploads/2018/10/MADPlogo-1080.jpgmadpadmin2019-01-14 16:00:502019-10-21 12:08:30Mid-Atlantic Dental Partners Completes Its Acquisition of Birner Dental Management Services, Inc.
Mid-Atlantic Dental Partners Promotes Pamela Holder to Chief Revenue Officer
/in Uncategorized /by madpadminMid-Atlantic Dental Partners Promotes Pamela Holder to Chief Revenue Officer
Former SVP of Revenue Cycle Management will oversee revenue operations companywide
Plymouth Meeting, PA and Plano, TX– October, XX 2020 – Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists, have announced the promotion of Pamela Holder to Chief Revenue Officer. In her new role, Holder will oversee revenue operations companywide and the growth and expansion of Mid-Atlantic Dental.
Holder brings more than 12 years of dental and healthcare revenue experience to her role at Mid-Atlantic Dental. She joined the company in January 2019 as Vice President of Revenue Cycle and was promoted to Senior Vice President of Revenue Cycle Management the following year. Prior to joining Mid-Atlantic Dental, she headed her own consulting firm where she worked with DSOs and solo practices to analyze all aspects of the revenue cycle.
“Pam is one of the best examples of how you can accomplish anything you desire if you are dedicated, humble and willing to work hard” said Leigh Feenburg, Chief Operating Officer of Mid-Atlantic Dental Partners. “Pam has touched the lives of literally thousands in her career, leaving the most positive impressions on those she supports and advancing so many careers of those she has led.”
Holder holds a Bachelor’s Degree in Political Science, with a concentration in Foreign Policy of the Middle East, from Oakland University in Rochester, Michigan. As a former executive of one of the country’s largest DSOs, Holder has been a member of ADSO, NDEDIC, AADGP, NADP and sat on the DSO Advisory board for NADP. In 2015, Holder was a Stevie Bronze Medal winner for National Businesswoman of the Year and a Rising Star Award nominee for the National Dental EDI Council in 2016.
Founded in 2016, Mid-Atlantic Dental Partners offers dentists a DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists and other dental professionals can focus on delivering the highest quality care to their patients. In addition, Mid-Atlantic Dental Partners supported practices offers associate dentists an opportunity to participate in the financial success of the practices. The company currently has 200 practices in 17 states and will continue to expand its national footprint and tap into new markets.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
For more information, visit http://www.mid-atlantic dental.com/.
CONTACT
Alexa Vecchione
Maven Communications
avecchione@mavenagency.com
215-634-9880
Mid-Atlantic Dental Partners Acquires DentalOne Partners
/in News /by madpadminTransaction makes Mid-Atlantic Dental Partners one of the largest DSOs in the U.S
Plymouth Meeting, PA & Plano, TX – Mid-Atlantic Topco LLC, operating as Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists and their patients and a portfolio company of S.C. Goldman & Company, LLC (“S.C. Goldman”), announced today that it has acquired DentalOne Partners (“DentalOne”) from Dental Investments, LLC.
Under the terms of the agreement, Mid-Atlantic Dental Partners acquired the equity of DentalOne’s operating subsidiaries in an all-cash deal.
Founded in 1981 and headquartered in Plano, Texas, DentalOne is one of the first and largest DSOs nationally with approximately 150 affiliated offices across 13 states and 27 markets. DentalOne’s mission to change the dental space by supporting smart, technologically advanced practices, where doctors are free to focus on patient care without the burdens of running the administrative aspects of their practice, melds perfectly with the approach that has defined the business philosophy of Mid-Atlantic Dental Partners.
Founded in 2016, Mid-Atlantic Dental Partners offers dentists a DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists and other dental professionals can focus on delivering the highest quality care to their patients. In addition, Mid-Atlantic Dental Partners’ supported practices offer associate dentists an opportunity to participate in the financial success of the practices. Over the last three years, Mid-Atlantic Dental Partners has built an exceptional management team with deep dental, operational, and entrepreneurial experience.
The acquisition will increase Mid-Atlantic Dental Partners affiliated offices to more than 240 operating in 18 states.
“This acquisition allows us to further transform Mid-Atlantic Dental Partners into a nationally recognized DSO. We’re proud of the positive impact we’ve made in the dental industry in just three years and look forward to continuing that success with DentalOne Partners,” said Mitchell Goldman, Chief Executive Officer of Mid-Atlantic Dental Partners. “Dentists, hygienists, dental assistants and office staff are the true assets of our supported practices, and we will strive to raise the importance of all dental professionals in improving the overall health care of patients and populations.”
“Today marks an exciting milestone in the ongoing journey of DentalOne. Being part of a larger organization will give us the opportunity to access new resources and accelerate and improve practice support and initiatives,” David Marks, DentalOne’s CEO, said. “Our goal has and will always be to add value to the practices, and to the clinical teams that provide outstanding patient care every day.”
Houlihan Lokey served as the exclusive financial advisor to DentalOne. Morgan, Lewis & Bockius LLP advised DentalOne in the transaction. Duane Morris LLP and Waller Lansden Dortch & Davis served as legal advisors to Mid-Atlantic Dental Partners. In addition, Pricewaterhouse Coopers, LLP, KPMG LLP and The Berkley Group, LLC served as advisors to Mid-Atlantic Dental Partners on the transaction. Debt financing for the transaction was provided by CRG, L.P.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
For more information, visit www.mid-atlanticdental.com
About S.C. Goldman & Company, LLC
Founded in 2011, S.C. Goldman & Company is a family partnership which acquires North America-based middle-market companies with leading market positions in healthcare, services, and industrials. The firm’s permanent capital structure allows for efficient decision-making and real-time flexibility to structure transactions. Through partnership with its management teams, S.C. Goldman aims to create long-term partnerships capable of building enduring value, for both shareholders and employees of portfolio companies.
About DentalOne Partners
DentalOne Partners is one of the nation’s largest and most progressive dental support organizations, supporting approximately 150 affiliated dental practices and dentists in 13 states. A pioneering force in the field of dental services management for nearly 40 years, DentalOne Partners works closely with a diverse mix of dedicated dentists, hygienists, dental assistants and office staff to provide outstanding patient care.
For more information, visit www.dentalonepartners.com
Mid-Atlantic Dental Partners Completes Its Acquisition of Birner Dental Management Services, Inc.
/in News /by madpadminPlymouth Meeting, PA and Denver, Colorado – January 14, 2019 – Mid-Atlantic Dental Service Holdings LLC, operating as Mid-Atlantic Dental Partners, a dental support organization (“DSO”) dedicated to improving the delivery of dental services for dentists and their patients and a portfolio company of S.C. Goldman & Company, LLC (“S.C. Goldman”), announced today that it completed its acquisition of Birner Dental Management Services, Inc. (OTCQX: BDMS) (“Birner Dental”).
In connection with the transaction, an affiliate of Mid-Atlantic Dental Partners purchased all of the outstanding shares of Birner Dental for $10.62 in cash. Birner Dental shareholders also received one Contingent Value Right (CVR) per share of Birner common stock owned. The CVRs entitle former Birner Dental shareholders to an additional cash payment of up to $0.13 per share under certain circumstances on June 14, 2020.
“Today’s announcement is an exciting milestone for Mid-Atlantic Dental Partners, and we’re thrilled to welcome the Perfect Teeth family to our team,” said Mitchell Goldman, Chief Executive Officer of Mid-Atlantic Dental Partners. “At Mid-Atlantic Dental we have created a unique partnership model that allows us to support dental professionals so that they can focus on caring for their patients. We’re thrilled to expand this model to the southwest and mountain states.”
Mid-Atlantic Dental Partners offers dentists a new DSO model that supports dental professionals by providing marketing, financial, practice information and other business services so dentists can focus on delivering the highest quality care to their patients.
“I am extremely excited about the opportunity for growth of the Perfect Teeth footprint in the southwest and mountain states. This growth will happen thoughtfully, ensuring a first-class team of dentists and hygienists, and a focus on the importance of oral health within a patient’s overall healthcare picture,” said Marlene Kacy, Vice President for Regional Operations for the Mountain Region.
“Mid-Atlantic Dental Partners and Perfect Teeth together make a very strong partnership. Building on the established brand in the region, Mid-Atlantic has the ability to provide needed resources to build and expand the Perfect Teeth brand through significant investments in state-of-the-art technology, our clinical and administrative teams, and the offices. With the focus always on the ultimate patient experience,” added Leigh Feenburg, Chief Operating Officer of Mid-Atlantic Dental Partners.
The success of Mid-Atlantic Dental is due in part to the consistent growth of the U.S. dental care industry, driven largely by the aging Baby Boomer population, paired with an increasing number of dentists looking to reduce practice administrative burdens. These factors have positioned Mid-Atlantic Dental’s partnership model as a win-win solution.
Upon closing, Birner will become Rocky Mountain Dental Services Holdings, LLC. Birner will continue to be based in Denver, Colorado and will be locally managed. The newly affiliated locations will continue to do business under the Perfect Teeth brand.
Houlihan Lokey served as the exclusive financial advisor and Duane Morris LLP, DLA Piper LLP and Waller LLP served as legal advisors to Mid-Atlantic Dental Partners. DLA Piper LLP served as legal advisors to S.C. Goldman & Company. Cain Brothers, a division of KeyBanc Capital Markets Inc. served as the exclusive financial advisor and Faegre Baker Daniels LLP served as legal advisor to Birner Dental Management Services, Inc.
About Mid-Atlantic Dental Partners
Founded in 2016, Mid-Atlantic Dental Partners is a dental support organization dedicated to improving the delivery of dental care by elevating the importance of dental professionals and dental care in the overall health care of patients and their communities. By providing dentists with financial management, marketing and technology services, Mid-Atlantic Dental Partners alleviates administrative burdens and allows dentists to focus on their patients.
For more information, visit www.mid-atlanticdental.com.
About S.C. Goldman & Company, LLC
Founded in 2011, S.C. Goldman & Company is a family-based partnership which acquires North America-based middle-market companies with leading market positions in healthcare, services, and industrials. The firm’s permanent capital structure allows for efficient decision making and real-time flexibility to structure transactions. Through partnership with its management teams, S.C. Goldman aims to create long-term partnerships capable of building enduring value, for both shareholders and their employees.
About Birner Dental Management Services, Inc.
Perfect Teeth is a group of dental offices dedicated to providing gold standard patient care and services to every patient, every day. Since opening the doors in 1995, Perfect Teeth dental practices have provided family-friendly dental care for patients of all ages in Colorado, New Mexico and Arizona.
For more information, visit www.perfectteeth.com.
Forward-Looking Statements
This communication contains “forward-looking statements” within the meaning of the U.S. federal securities laws. Such statements include statements concerning anticipated future events and expectations that are not historical facts. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including, without limitation, factors described under the heading “Risk Factors” in Part I, Item 1A of Birner’s Annual Report on Form 10-K for the year ended December 31, 2017. The Company disclaims any obligation to update these forward-looking statements.