Partnership to accelerate access to exceptional dental and orthodontic care in California
Chicago and Sacramento, Calif., Feb. 21, 2013 – Sterling Partners, a growth-oriented investment firm with more than $5 billion of assets under management, today announced a partnership with Kids Care Dental Group (“Kids Care”), a leading multi-unit pediatric dental care practice that serves toddlers, children and teens. Terms of the transaction were not disclosed.
Via six office locations throughout the Sacramento area, Kids Care offers an exceptional patient experience for parents and kids alike. Each practice provides a comfortable and fun environment, dentists with advanced education in pediatric dentistry, staff that has training for and experience in treating and interacting with children, and a robust suite of high-quality oral health services including dentistry, orthodontics and oral surgery.
Dr. Aaron Reeves, Kids Care founder and chairman, will remain a partner 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.”
“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.”
About Kids Care Dental
Kids Care Dental Group is a Sacramento-based dental practice conceived and dedicated to serve the special needs of toddlers, children, and teens. The practice’s 170+ professionals are committed to providing excellent dental care while promoting lifelong oral hygiene habits in a comforting and fun atmosphere. Kids Care’s differentiated approach revolutionizes pediatric dentistry by offering parents and kids a non-traumatic and easily accessible dental experience. For more information on Kids Care Dental Group, visit http://www.kidscaredentalgroup.com.
About Sterling Partners
Sterling Partners is a private equity firm with a distinct point of view on how to build great companies. Founded in 1983, Sterling has invested billions of dollars, guided by the company’s stated purpose, INSPIRED GROWTH™, which describes Sterling’s approach to buying differentiated businesses and growing them in inspired ways. Sterling focuses on investing growth capital in small and mid-market companies in industries with positive, long-term trends – education, healthcare, and business services. Sterling provides valuable support to the management teams of the companies in which the firm invests through a deep and dedicated team of operations and functional experts based in the firm’s offices in Chicago, Baltimore and Miami.
The people at Sterling believe in ideas and ideals, in people and partnerships that drive long-term success. For more information, please visit www.sterlingpartners.com.