Ageless Dental signs $2.25B expansion deal: 5 notes

Ageless Dental has entered an expansion deal with American Development Partners to open 750 clinics over the next 10 years. 

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Five things to know:

1. The $2.25 billion deal builds on the company’s mission to provide full-service dentistry nationwide, including general dentistry, cosmetic dentistry, dentures, implants and oral surgery.

2. Construction on the facilities will begin in Utah, Texas, Arizona, Florida and Ohio, according to a Jan. 23 news release. Locations in Illinois, Tennessee, Georgia, Colorado, Idaho, North Carolina and South Carolina will follow.

3. Two buildings will be developed with Ageless Dental’s sister company, Neuragenex, a chain of pain management clinics. 

4. American Development Partners said it plans to have the first 40 units under construction or opened by the end of 2023.

5. Each building is expected to cost $3 million.

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