RiverGlade Capital Announces New Partnership with Kids Care Dental & Orthodontics, a Leading California-based Pediatric Dental Services Provider
Partnership will support management in the next phase of accelerated growth
CHICAGO, Dec. 10, 2018 /PRNewswire-PRWeb/ -- RiverGlade Capital ("RiverGlade"), a healthcare services-focused private equity investment firm based in Chicago, Illinois, today announced that it has formed a new partnership with Kids Care Dental & Orthodontics ("Kids Care" or the "Company"), a California-based pediatric and orthodontic dental services provider in order to recapitalize the business and provide additional capital to support future growth. Terms of the transaction were not disclosed.
Founded in 2002, Kids Care is one of the largest and fastest growing commercial and private-pay only pediatric and orthodontic companies. Kids Care has evolved from a single site pediatric dental office to a fully integrated pediatric oral care platform with 29 clinical units (pediatric, orthodontic and oral surgery) throughout Northern California. The Company is the market share leader with over 150,000 patient visits per year and a growing team of nearly 300 clinical and non-clinical practice-based staff. Janet Widmann, President and Chief Executive Officer who has been leading Kids Care since mid-2016, will continue in her leadership role with the Company.
"The Kids Care team has built an exceptional reputation for clinical quality and care, in addition to a patient experience that is focused on positive outcomes. We are very excited to partner with such an outstanding management team to help them continue executing on their plan and continue scaling the business", said Danny Rosenberg, Managing Partner of RiverGlade.
Added Garrick Rice, Managing Partner of RiverGlade, "The quality of care delivered by Kids Care, along with its unique culture that positively impacts patients and communities, is consistent with our strategy of only working with the best clinical care providers. We are honored to have the opportunity to partner with Kids Care and provide resources in order to accelerate the Company's growth in Northern California and beyond."
About Kids Care Dental
Kids Care Dental & Orthodontics is a northern California based, multi-site practice that offers comprehensive services including preventive dental care, orthodontics and oral surgery for every gap-toothed, mischievous, silly, giggly smile. Kids Care believes that when kids grow up enjoying the dentist, healthy teeth and gums will follow and offer a unique dental practice that delivers fun, not fear. For more information, visit http://www.kidscaredental.com.
About RiverGlade Capital
RiverGlade Capital is a healthcare services-focused private equity firm that invests in founder-owned, high-quality, differentiated businesses. RiverGlade partners with companies that have demonstrated strong organic growth and where value can be accelerated through human capital investments, operational improvements, strategic planning, and dynamic organic and inorganic growth initiatives. For more information, visit http://www.rivergladecapital.com.
SOURCE RiverGlade Capital
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