Virginia DSO acquires dental group

Woodbridge, Va.-based Light Wave Dental Management announced March 11 that it has acquired Raleigh, N.C.-based Triangle Family Dentistry.

Triangle Family Dentistry currently has six offices in the Raleigh area. The dental group, which was co-founded by Hesham Baky, DDS, and Jonathan Boes, DDS, has plans to develop several more offices in the coming years.

Light Wave Dental Management supports 42 affiliated practices in Virginia and North Carolina. The dental service organization has a unique model that allows affiliated practices to be part owned by private equity and part by the dentists themselves. Light Wave Dental Management is backed by Alpine Investors.

"The dental industry is undergoing a wave of rapid change and we find that dentist-owned groups are looking for a high-quality partner with support infrastructure and capital for growth," said Justin Jory, founder and CEO of Light Wave Dental Management. "We find that our light touch approach to integration and our focus on preserving the spirit of private practice is a great fit for the larger format, higher quality dental practices like Triangle Family Dentistry. Additionally, we have a proven ownership program that allows high-performing associate dentists to buy ownership in the management company which is especially appealing to our affiliates."

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