DFW Capital Partners announced today the sale of Northeast Dental Management (“NEDM”). NEDM is a leading dental practice management company serving the New Jersey, New York, Pennsylvania and Virginia markets. Terms of the transaction were not disclosed.
Based in Paramus, New Jersey, NEDM offers a full suite of management services to dental practices located in the Northeast and Mid-Atlantic. NEDM assists dentists in improving the operations of their practices and offers them improved purchasing power, marketing support and financial and dental practice management systems, among other benefits.
DFW originally invested in NEDM in August 2007. Beginning with five practices serving Essex County, NJ, DFW and NEDM’s management team built NEDM into a strong provider serving 30 practices in four states.
Brett Prager, a General Partner at DFW, said, “After running a thorough sales process, we are pleased to place NEDM with a new owner who can further support its growth through acquisition. Our thanks to Craig Abramowitz and his management team for making NEDM a success for DFW. We wish them the best of luck going forward.”
Joining DFW in the NEDM deal were lenders NXT Capital and MCG Capital Corporation, who also made meaningful co-investment in the original transaction. Houlihan Lokey advised NEDM.
About DFW Capital Partners
DFW Capital Partners is a private equity investment firm focused on lower middle-market companies. The firm concentrates on service companies, with an emphasis on healthcare and outsourced business and industrial support services. DFW is backed by both institutional and high-net worth individual investors, and has established a 20+ year track record of success in both building leading companies, and recognizing outstanding returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Chevy Chase, MD. For more information contact Brett Prager at (201) 836-6000.
Chevy Chase, MD. For more information contact Brett Prager at (201) 836-6000.