Harris Williams & Co. Advises Dimensional Management Corporation on its Sale to Waud Capital Partners

April 22, 2016

Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide for 25 years, announces the sale of Dimensional Management Corporation (Dimensional), a premier provider of dental services doing business under the Eastern Dental® and Midwestern Dental® brands, to Waud Capital Partners (WCP). The transaction was led by James Clark, Geoff Smith and Jacques Fu of Harris Williams & Co.’s Healthcare & Life Sciences (HCLS) Group and Corey Benjamin from the firm’s Consumer Group.

“Dimensional’s management team has done a tremendous job creating a market leader through strong organic and acquisition-based growth,” said Geoff Smith, a managing director in Harris Williams & Co.’s HCLS Group. “We are extremely pleased to have advised Dimensional and look forward to the company’s continued success under WCP’s ownership.”

James Clark, a managing director in Harris Williams & Co.’s HCLS Group, added, “This transaction is representative of the continued strong M&A interest in dental practice management and multi-site healthcare companies, areas in which the HCLS Group possesses extensive experience.”

Founded in 1978 by Dr. Mel Feiler and Joel Sharenow, Dimensional is the largest provider of dental care in New Jersey and a leading provider in Michigan, with 30 locations. The company also offers managed dental care solutions and discount dental plans to employer groups, health plans and individuals in both New Jersey and Michigan.

Founded in 1993, WCP is a leading Chicago-based private equity firm that partners with exceptional management teams to acquire or create platforms in the U.S. lower-middle market through control-oriented growth equity investments, industry consolidation, buyouts or recapitalizations. WCP targets services businesses in large, growing, fragmented markets and seeks companies generating strong cash flow that can be grown both organically and through acquisition.

Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide.  The firm has deep industry knowledge, global transaction expertise and an unwavering commitment to excellence.  Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements and capital markets advisory services.

Harris Williams & Co.’s HCLS Group has experience across a broad range of sectors, including multi-site and retail healthcare providers (including dental care providers); alternate site care; healthcare IT; managed care and cost containment services; medical devices, products and distribution; outsourced clinical services; and outsourced pharma services.  For more information on the HCLS Group and other recent transactions, visit the HCLS Group’s section of the Harris Williams & Co. website.

Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorized and regulated by the Financial Conduct Authority.  Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business.