Mid-Atlantic Dental Partners acquires Birner Dental Management Services: 5 things to know

Plymouth Meeting, Pa.-based Mid-Atlantic Dental Partners will acquire Birner Dental Management Services.

Here are five things to know:

1. The dental service organization agreed to acquire Birner Dental Management Services' outstanding shares for $10.62.

2. The total consideration payable to Birner Dental Management Services shareholders represents a 105 percent premium to the company's $5.25 closing share price.

3. Birner Dental Management Services shareholders will receive up to $10.75 per share in total cash considerations.

4. Founded in 1995, Birner Dental Management Services operates under the Perfect Teeth brand. The company serves more than 100 dentists throughout Colorado, Arizona and New Mexico.

5. Mid-Atlantic Dental Partners was founded in 2016. With the acquisition, the DSO anticipates its annual revenues to exceed $100 million.

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