The Jordan Company’s Acquisition of Dental365

The Jordan Company's Acquisition of Dental365

Kirkland advised The Jordan Company on the deal, while Ropes & Gray LLP acted as legal advisor to Dental365.

The Jordan Company, L.P., a middle-market private equity firm, executed its acquisition through an affiliate of The Resolute Fund V, L.P. (“Resolute V”) of Dental365, a full-service dental practice, from the founding shareholders and current investor Regal Healthcare Capital Partners, L.P.. Resolute V is completing the acquisition in partnership with Dental365’s founder and CEO, Dr. Scott Asnis, who will continue to lead the company.

Founded in 2014 by Dr. Asnis and Dr. Kim, Dental365 is a dental service organization that has established itself as the market leader in the areas it serves over the past several years.

The Jordan Company, founded in 1982, is a middle-market private equity firm that manages funds with original capital commitments in excess of $16 billion with a 39-year track record of investing in and contributing to the growth of many businesses across a wide range of industries.

The Kirkland team was led by corporate partner Michael Weisser (Picture) and associate Ned Schultheis, debt finance partners Jason Kanner and Andrea Weintraub, and tax partner Jared Rusman and associate Steven Ort.

The Ropes & Gray team advising Dental365 was led by private equity partner Carolyn Vardi (New York), and included employment, executive compensation & benefits partner Alexandra Alperovich (New York), employment, executive compensation & benefits counsel Ellen Sueda (San Francisco), tax partner Pamela Glazier (Boston), health care partner Christina Bergeron (Boston), and private equity associates Randy Limberg (New York) and Daniel Coyne (Boston).

Involved fees earner: Jason Kanner – Kirkland & Ellis; Steven Ort – Kirkland & Ellis; Jared Rusman – Kirkland & Ellis; Ned Schultheis – Kirkland & Ellis; Andrea Weintraub – Kirkland & Ellis; Michael Weisser – Kirkland & Ellis; Alexandra Alperovich – Ropes & Gray; Christina Bergeron – Ropes & Gray; Daniel Coyne – Ropes & Gray; Pamela Glazier – Ropes & Gray; Randall Limberg – Ropes & Gray; Ellen Sueda – Ropes & Gray; Carolyn Vardi – Ropes & Gray;

Law Firms: Kirkland & Ellis; Ropes & Gray;

Clients: Dental365; The Jordan Company (TJC);

Martina Bellini

Author: Martina Bellini