Peloton Capital Makes First Major Investment, Taking A Stake In A National Chain Of Dental Offices

Private equity fund Peloton Capital Management is investing $75-million in national chain 123Dentist Inc., the latest financial player to target dentistry as an industry that’s ripe for consolidation. Peloton, launched last November by veterans of the Ontario Teachers’ Pension Plan and entrepreneur Stephen Smith, is expected to announce its first deal on Thursday, buying a … Read more

U.S. recession effects gnaw at dentists’ business

Sageworks Stats – Mary Ellen Biery Dentists are finally feeling some pain from the recession. Privately held dentist offices (NAICS code 6212) have seen sales so far this year decline about 3 percent after posting ongoing-though-shrinking gains in their top lines throughout the recent recession, Sageworks found in a financial statement analysis of the industry. Sales growth … Read more