Smile Doctors announced outside investment from a private equity firm to support the OSO’s more than 295 locations.
Smile Doctors, an orthodontics-focused dental support organization (OSO) with more than 295 locations, announced a strategic investment from the private equity firm Thomas H. Lee Partners, L.P.
THL is investing alongside existing financial sponsor Linden Capital Partners in an equal partnership.
The new partnership will support Smile Doctors’ continued growth and expanded service offerings. Affiliated orthodontists will retain a significant ownership stake in the organization.
“Along with our existing partners at Linden, we are excited about the opportunity to create new partnerships with thriving practices and continue to expand our services through this new relationship,” said John Hedrick, chief executive officer of Smile Doctors. “This partnership allows our team members to remain committed to providing excellent care in our communities with all-inclusive orthodontic treatment that results in beautiful, confident smiles and genuine, unforgettable experiences.”