Affordable Care and DDS Dentures + Implant Solutions Join Forces
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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.
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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.
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