Longshore Capital Partners (“Longshore”) and its portfolio company, Oakpoint (the “Company”), are pleased to announce the affiliation of the non-clinical assets of Carolina Smiles. Carolina Smiles is a leading family-oriented dental office serving the Greensboro, NC and Lake Jeanette, NC markets. The practice offers a variety of family, cosmetic, general and emergency dentistry. The addition of the Carolina Smiles brand is a key building block as Oakpoint becomes the leading Dental Support Organization (“DSO”) in the Carolinas.
Oakpoint Chief Executive Officer, Mick Janness, leads the Company’s strategy of partnering with leading dentists and orthodontists in North and South Carolina. Dr. Jonathan Wang will continue to be the lead clinician at Carolina Smiles, which will see no change in its roster of doctors. Mick Janness commented, “Dr. Wang is well-known throughout the Greater Greensboro area as one of the leading family practitioners. We are thrilled to have him and his team become a part of the Oakpoint family.”
Dr. Wang commented, “Oakpoint is gaining the reputation as the gold standard of DSOs in the State of North Carolina. Mick and his team followed through on all aspects of the deal in a difficult environment. We are excited to be a key building block on what will become the clear leader for dentists looking to affiliate with a DSO in the state. We are excited about the potential growth that can be achieved by combining our experience and resources.”
Nick Christopher, Partner at Longshore added, “Carolina Smiles increases the Oakpoint footprint meaningfully within North Carolina and is a great step forward in our strategic plan.”
If you have questions regarding this transaction or would like to discuss other business services opportunities, please contact Nick Christopher or Ryan Anthony of Longshore at (312) 237-3838.
About Longshore Capital Partners
Longshore Capital Partners is a middle-market private equity manager investing out of its inaugural $210 million fund. Longshore focuses on control positions in services businesses in North America with between $5 million and $15 million of EBITDA. The team has extensive experience partnering with founders and management of businesses in the lower middle-market and brings a systematic approach to creating shareholder value by helping to execute on a shared strategic plan.
Contact
70 West Madison Street, Suite 5710
Chicago, Illinois 60602
(312) 237-3838
[email protected]
www.longshorecp.com