Dental care saw the second highest number of deals out of all healthcare subsectors in 2023, according to data from the Private Equity Stakeholder Project.
The Private Equity Stakeholder Project is an organization aimed at educating communities affected by private equity investment in various sectors.
The organization tracked private equity deals in 2023 across several healthcare subsectors, including outpatient care, hospitals, dental care, medtech and behavioral health.
Here are three notes on private equity deals in the dental industry in 2023, according to the report:
1. The dental industry saw 146 private equity deals in 2023.
2. The dental private equity deals were primarily driven by Specialized Dental Partners, U.S. Oral Surgery Management, Southern Orthodontic Partners, Smile Doctors and Dental 365.
3. Private equity firms owned 27 of the top 30 DSOs, accounting for 84% of practice locations.