Caber Hill Advisors is proud to announce that we advised Racine Dental Group in its partnership with Dental Care Alliance, which currently supports over 390 allied practices and 900 dentists across 22 states.
Racine Dental Group began in Racine, Wisconsin in the early 1960s when a small group of five dentists combined resources to form the area’s first group dentistry office. Since then, the group has grown to include 13 general dentists, three pediatric dentists, one oral surgeon, two endodontists and one periodontist. Patients are seen in one of 85 operatory rooms within the 65,000 square foot facility. The group also includes a satellite pediatric dental location in Lake Geneva, WI.
In working with Caber Hill Advisor’s founder and CEO Craig Castelli and Managing Director Maria G. Melone, Racine Dental Group was able to secure a transaction with confidence.
“Finding the right partner was incredibly important to us,” said Dr. Thomas Scherrer, President of Racine Dental Group. “Caber Hill Advisors not only helped us secure great financial terms in our deal, but they also understood the importance we placed on our legacy in the community. Our practice is owned by our dentists, many of them are Racine natives—some even second-generation Racine Dental Group dentists. Caber Hill Advisors are experts in the dental space and understand what’s important in positioning a practice for sale.”
This partnership brings DCA’s total footprint to over 390 allied practices across the US, including 15 allied practices in the state of Wisconsin.
“With a 50-year legacy of partnership, servant leadership, and dedication to the communities they serve, it was very clear that Racine Dental Group would be an outstanding addition to the Alliance,” stated Ryan Zeman, Vice President Business Development for Dental Care Alliance. “We are so proud of who will be representing DCA’s mission, vision, and values while also providing an unrivaled ability to positively impact the lives of so many families throughout Wisconsin.”
The deal closed in January 2023. Specific terms of the transaction have not been disclosed.
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