Garden State Dental Management closes the acquisition of Family Dental
Garden State Dental Management (“GSDM”) announced today that it has closed the acquisition of Family Dental in New York. The add-on acquisition was funded in part by funds from DFW Capital Partners III L.P.
The transaction adds five new offices to the GSDM platform nearly doubling the size of the Company. The Family Dental offices are located in Fishkill, Brewster, Jefferson Valley, Yonkers, and New York City, New York. Family Dental will continue to operate under it’s own name and will continue to be managed by Michael Gelbart, DDS.
GSDM is a regional dental practice management company with offices in New Jersey, located in Union, Kearny, Tom’s River, East Brunswick, Roselle Park, and the Ironbound section of Newark.
GSDM plans to continue it’s multi-faceted growth strategy including expanding its current service offerings, opening new practices, and select opportunistic acquisitions of small overlooked dental practices in the New York / New Jersey metropolitan area.
DFW has almost a decade of experience owning and evaluating dental practice management companies.
Joining DFW in the GSDM deal was MCG Capital Corporation.
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 companies, and generating returns for its investors. DFW is headquartered in Teaneck, NJ, and maintains an office in Washington, D.C. For more information contact Brett Prager, General Partner, at (201) 836-6000.