Private equity firm sells 20-office Philadelphia DSO: 3 things to know

DSO + DPMs

The Beekman Group completed the sale of Philadelphia-based Delaware Valley Management Holdings, a 20-office dental service organization.

Three things to know:

1. The private equity firm first partnered with Louis D'Angelo, DMD, in May 2014 to form the DSO.

2. Dr. D'Angelo was operating a dental group under the name Simply Beautiful Smiles. With Beekman Group, Dental Valley Management grew to support 20 practices in New Jersey and Pennsylvania.

3. Simply Beautiful Smiles provided comprehensive general and multi-specialty services to adults and pediatric patients.

"The Beekman Group has been a true partner over the last five years," said Dr. D'Angelo. "Their experience in building leading dental service organizations and hands-on involvement proved invaluable to our team as we executed on a disciplined acquisition growth plan, expanding from 10 to 20 practices and more than doubling our revenue and cash flow, while maintaining our commitment to support our dentists and staff to provide consistent quality care to our patients."

More articles on DSO + DPMs:
3 latest Aspen Dental openings
313-office Calif. DSO relocates affiliated practice: 3 insights
400-practice California DSO makes affiliation in Tennessee

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.