Here are 19 DSO moves totaling more than $1 billion from 2023, including investments, acquisitions and sales:
1. A Heartland Dental & Dunkin' retail property in Otsego, Minn., was sold for $3,030,000.
2. Three retail pads in Wareham, Mass., that include an Aspen Dental location sold for $7.6 million.
3. A retail center in Oak Park Heights, Minn., with an Aspen Dental practice sold for $5.8 million.
4. A retail property in Goodyear, Ariz., including Heartland Dental and Apex Physical Therapy sold for $4.46 million.
5. Four Corners Property Trust acquired three newly built properties, one of which is an Aspen Dental, in August for $5.2 million.
6. Private buyers acquired a dual-tenet property in Virginia that is leased to Aspen Dental and Sleep Number for just over $4 million.
7. Brewer, McCoy & Wiles Development announced the construction of a $30 million, 155,000-square-foot development project that will include an Aspen Dental location in Madisonville, Ky.
8. Four Corners Property Trust acquired an Aspen Dental and WellNow Urgent Care dual-tenet property in New York for $3.3 million.
9. Heartland Dental is building a $1.5 million practice in Katy, Texas. Construction on the 4,200-square-foot location is expected to start Aug. 1 and be completed by Feb. 1, 2024.
10. Heartland Dental relocated one of its affiliate offices, Downtown Dental Associates, in Jacksonville, Fla., as part of the $750,000 project.
11. Heartland Dental started construction on two offices in Jacksonville, Fla. The first location entails converting an old bank with 4,123 square feet for $627,480. The company will also construct a 4,260-square-foot building for $950,000.
12. Dallas-based Smile Doctors completed a capital raise of $550 million to continue its network expansion.
13. Birmingham, Ala.-based HighFive Healthcare secured a $100 million growth investment led by venture capital and growth equity investment firm Norwest.
14. Carrollton, Texas-based MB2 Dental secured a delayed-draw term loan of $150 million.
15. Reno, Nev.-based Bluetree Dental received a $32 million investment from private equity firm Clairvest Group.
16. Four Corners Property Trust acquired a Heartland Dental property in Missouri for $2.6 million.
17. Alpharetta, Ga.-based Oak Dental Partners received a $153 million senior secured credit facility from Comvest Credit Partners.
18. Four Corners Property Trust, a real estate investment trust, acquired an Aspen Dental property in New Mexico for $1.9 million.
19. Four Corners Property Trust purchased a Heartland Dental property in South Carolina for $2.2 million.