Cressey & Company’s Acquisition of Elite Dental Partners

Houlihan Lokey served as the exclusive financial advisor to Elite Dental. Golub Capital provided a GOLD (Golub Capital One-Loan Debt) financing for the transaction. Winston & Strawn LLP served as legal advisor to Elite Dental. Ropes & Gray LLP served as regulatory advisor to Elite Dental. Kirkland & Ellis LLP served as legal advisor to Cressey. McDermott Will & Emery LLP served as regulatory advisor to Cressey.

Elite Dental Partners (“Elite Dental”), a leading doctor-led, doctor-focused, growth oriented dental support organization, has completed a majority recapitalization with Cressey & Company (“Cressey”), who is investing and partnering alongside current shareholders Tyree & D’Angelo Partners (“TDP”) and management.

Founded in 2014 and based in Chicago, IL, Elite Dental is one of the fastest growing dental support organizations (DSO) in the United States with more than 80 affiliated offices across 10 states. The Company supports a network of over 130 dentists who provide recurring general dentistry services to an expansive patient base. The Company has a strong track record of growth through affiliation and de novo locations and continues to increase its presence in existing geographies. Elite Dental maintains an exceptional reputation in its markets as a result of its dentist-first culture which focuses on improving the lives of its practitioners through high quality non-clinical support services.

Founded in 2008 and headquartered in Chicago, IL, Cressey is a private investment firm focused on building leading healthcare provider, service, and information technology businesses. Cressey & Company and its predecessor firms have executed a strategy that invests in leading platform businesses and then accelerates growth both organically and through acquisitions for nearly 35 years.

Ropes & Gray served as regulatory advisor to Elite Dental Partners with a team including Deborah Gersh (Picture) and health care associate Christina Bergeron (Boston).

Involved fees earner: Deborah Gersh – Ropes & Gray; Christina Bergeron – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Elite Dental Partners;


Author: Ambrogio Visconti