DentalPlans.com Acquired by The Riverside Company
March 15 2012 - 10:00AM
Marketwired
Today, DentalPlans.com announced that it was acquired by The
Riverside Company, a global private equity firm focused on
acquiring growing businesses valued at up to $200 million.
With 20 offices in 14 countries worldwide, Riverside manages
more than $3 billion in assets. The firm's portfolio consists of
more than 75 companies totaling approximately 14,000 employees. In
2010, Mergers & Acquisitions Journal recognized Riverside as
the publication's Private Equity Firm of the Year.
DentalPlans.com offers dental savings plans in the United
States, United Kingdom and Puerto Rico. Founded in 1999, the
company has more than 130 employees and is headquartered in
Plantation, Florida, with offices in Park Ridge, Illinois.
"DentalPlans.com has a tremendous amount of untapped growth
potential," said Riverside Partner Kristin Newhall. "The company is
already the dominant player in the online direct-to-consumer dental
savings plan market, but we're even more excited about investing
time and resources to accelerate the growth."
DentalPlans.com represents more than 30 of the largest dental
savings plan networks, which offer individuals, families,
businesses and groups access to 10% to 60% off most dental care
procedures, available through more than 100,000 participating
dentists across the country.
Buddy Johnson, CEO of DentalPlans.com, and Jennifer Stoll,
President of DentalPlans.com, will continue to lead the company's
senior management team and guide day-to-day business operations
while reporting to its board of directors.
"Having been a growing, self-sustaining business for more than a
decade, we now have a tremendous amount of room to grow," said
Jennifer Stoll, President of DentalPlans.com. "The acquisition by
Riverside will allow us to continue to boost our
business-to-consumer and business-to-business marketing efforts,
expand our existing product offerings and educate consumers that
dental savings plans are a viable option."
DentalPlans.com marks Riverside's 61st healthcare investment,
making it the most prolific of its four industry specializations.
The firm has a dedicated team in its healthcare specialization with
extensive industry expertise.
Visit DentalPlans.com and The Riverside Company online for more
information at www.DentalPlans.com and
www.RiversideCompany.com.
About DentalPlans.com DentalPlans.com
offers more than 30 of the leading dental savings plans available
at more than 100,000 dentist listings nationwide. With or without
dental insurance, individuals, families, businesses and groups have
easy access to savings at the dentist with dental savings plans.
Visit DentalPlans.com and enter your ZIP code to find dental
savings plans and participating dentists available in your area,
and save 10% to 60% on most dental care procedures.
About The Riverside Company The Riverside
Company is a global private equity firm focused on acquiring
growing businesses valued at up to $200 million (EUR 200 million in
Europe). Since its founding in 1988, Riverside has invested in more
than 275 transactions. The firm's international portfolio includes
more than 75 companies, and it has $3.2 billion/EUR 2.5 billion in
assets under management.
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