Established Emerging DSO Partners with a Private Equity Firm to Form a New DSO

Florida-based MBF Healthcare Partners has just found an investment opportunity in Texas-based Rose Dental Group, thereby forming a new dental support organization, Strive Dental Management, LLC.

MBF looks for investment opportunities where they see inefficiencies in niche markets that can benefit from their operational expertise and business relationships. Focused on finding platform investments with a strong core-operating model and long-term growth potential, the private equity firm partners with companies to accelerate growth and create value for all stakeholders.

Rose Dental Group was founded in 1995 by two dentists with a shared vision, Dr. Rollin Sarradet and Dr. Sergio Escobar. The four location dental group currently has over 40 dentists and hygienists that provide general, specialty, and cosmetic dentistry in Northwest Austin, North Austin, Round Rock, and Southwest Austin. Both Dr. Sarradet and Dr. Escobar will be integral partners of Strive, assisting with their expansion throughout Texas and the United States.

Mike Vaughan, former Chief Operating Officer of American Dental Partners, joined MBF in 2017 as an operating executive to assist with the execution of a DSO strategy in the dental space. Mike will serve as the transitional Chief Executive Officer to Strive, making all key DSO decisions.

“Our thesis is to partner with evolving groups of entrepreneurial dentists and build a new differentiated dentist and patient focused DSO platform. The dentists at Rose Dental are truly market leaders, with 23 years of providing superior clinical care to their patients. We are excited to partner with Rose Dental and Mike Vaughan to support rapid growth and expand their clinical and operational model.” – Preston Brice, Managing Director of MBF

The MBF partners have managed and helped build some of the nation’s most innovative and successful healthcare companies such as Acorn Health, Concordia Care, Inc., Palm Medical Centers, Ramsay-HMO, Physicians Healthcare Plans Inc., Medical Specialties Distributors, CarePlus Health Plans, Inc., CAC-Florida Medical Centers, Hospitalists of America, Atlantic Dental, Inc., Navarro Discount Pharmacies and Nutri-Force Nutrition, LLC.

MBF typically invests $10 to $50 million of equity per investment with the ability to arrange larger investments through additional co-investments from limited partners and other private investment firms.

Source: MBF Healthcare Partners, Rose Dental Group


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