RALEIGH, N.C.--(BUSINESS WIRE)--Affordable Care, LLC announced today that it has acquired DDS Dentures + Implant Solutions, solidifying its position as the largest Dental Support Organization (DSO) in the United States focused on tooth replacement services.
With this acquisition, Affordable Care will serve as the DSO for two top dental brands: Affordable Dentures & Implants and DDS Dentures + Implant Solutions. The newly combined organization is majority-owned by Berkshire Partners, a Boston-based investment firm and an existing investor in Affordable Care.
“This acquisition combines two successful companies with a shared goal of expanding patient access to high-quality dental care and tooth replacement services,” explains Gene Kirtser, Chief Executive Officer of Affordable Care. “We believe this combination enhances the growth prospects of both companies as well as the support services that we can offer our affiliated practices and dentists.”
Kirtser will continue to serve as CEO, and executives from both Affordable Care and DDS Dentures + Implant Solutions will take on leadership positions in the combined organization.
Affordable Dentures & Implants is the largest network of dental providers concentrating on denture and implant services in the United States, with more than 260 affiliated practices in 39 states. DDS Dentures + Implant Solutions supports 52 dental practices in seven states that provide general dentistry to adults with a primary focus on dentures and implant services.
“Combining these two great organizations creates an incredible opportunity to share best practices to support the delivery of even more smiles to patients,” explains TomM Sharpe, Vice Chairman of DDS Dentures + Implant Solutions. “The new organization remains committed to providing and expanding patient access to the highest-quality dental care and tooth replacement services.”
About Affordable Care
Founded in 1975, today Affordable Care is America’s largest dental support organization focused on tooth replacement services, currently serving more than 260 afﬁliated dental practices across the United States. Each practice, which operates under the Affordable Dentures & Implants® brand, is individually owned and operated by a licensed dentist to provide dentures and implants crafted to each patient's treatment needs, delivered with the highest levels of professionalism and care. Affordable Dentures & Implants is the largest network of providers concentrating on denture and implant services in the United States and more than seven million patients have received services from an Affordable Dentures & Implants-affiliated practice. From the Affordable Care Support Center, located in North Carolina’s Research Triangle Park, along with field-based teams, Affordable Care provides business expertise and support services to dental practices, taking care of non-clinical duties so dentists can focus on treating patients. Visit affordablecare.com and affordabledentures.com.
About DDS Dentures + Implant Solutions
DDS Dentures + Implant Solutions® (DDS) is a group of supported dental practices focused on providing high-quality dental care at an affordable price. DDS-supported practices provide complete-care general dentistry to adults including extractions, removable dentures, and implant services. DDS focuses on supporting practices that not only provide high-quality dental care but also provide growth opportunities to dentists, office managers, laboratory technicians, and support personnel. DDS supports 52 dental practices in seven states, serving Arkansas, Louisiana, Mississippi, Missouri, Oklahoma, Tennessee, and Texas. Visit dentalservice.net.
About Berkshire Partners
Berkshire Partners, a Boston-based investment firm, has raised nine private equity funds with more than $16 billion in aggregate capital and has made over 125 investments in primarily middle market companies since its founding in 1986. Berkshire has developed specific industry experience in several areas including consumer products and retail, communications, business services, industrials and healthcare. Berkshire has a strong history of partnering with management teams to grow the companies in which it invests with the goal of consistently achieving superior investment returns. The firm is currently investing from Berkshire Fund IX, a $5.5 billion fund raised in 2016. The firm seeks to invest $50 million to $500 million of capital in each portfolio company. Visit berkshirepartners.com.