Solar Capital Companions, Inc. (“Solar Capital”), a number one personal funding agency specializing in leveraged buyouts and investments in market-leading corporations, right now introduced that its affiliate has entered into an settlement with Aspen Dental Administration (ADMI), one of many largest and fastest-growing healthcare assist organizations within the U.S., to promote ClearChoice Administration Providers (“ClearChoice”), which supplies high-quality administrative follow administration companies to ClearChoice Dental Implant Facilities, a nationwide community of suppliers delivering dental implant companies within the U.S. Phrases of the personal transaction weren’t disclosed.
ClearChoice Dental Implant Facilities are a nationwide community of greater than 60 areas offering revolutionary and high quality dental implant care to sufferers throughout the USA. Owned and operated by licensed, skilled dentists, the facilities present complete therapy utilizing trendy expertise and on-site labs.
“Once we acquired ClearChoice, we noticed nice potential to leverage our healthcare experience and our expertise working with service-oriented, consumer-facing companies,” mentioned Marc Leder, Co-CEO at Solar Capital. “We’re pleased with the work that we have now achieved to drive development, improve ClearChoice’s digital advertising and marketing capabilities and enhance affected person entry to care by means of operational effectivity. We have been in a position to obtain considerably above-market development.”
Solar Capital’s professionals labored with the ClearChoice administration staff on quite a lot of initiatives together with new middle building, again workplace infrastructure, and optimization of client outreach. Beneath the Solar Capital affiliate’s possession, ClearChoice has expanded its community by 26 areas, attaining report annual income in 2019.
“Working carefully with Kevin Mosher and the excellent administration staff at ClearChoice, we have been in a position to establish a big therapy want within the market, and supply ClearChoice’s community of suppliers with the instruments to satisfy it at scale,” mentioned M. Steven Liff, Senior Managing Director and Head of Personal Fairness in North America at Solar Capital. “Three years after we started our relationship, ClearChoice is well-positioned to construct on its success.”
Solar Capital has robust expertise investing in and constructing consumer-focused healthcare companies. Present portfolio corporations embrace Merely Stunning Smiles, a supplier of high-quality basic dentistry, hygiene, and specialty companies, and West Dermatology, a scientific dermatology platform with areas in Arizona, California and Nevada.
About Solar Capital Companions, Inc.
In 2020, Solar Capital Companions, Inc. celebrates 25 years of investing and partnering with excellent administration groups to speed up worth creation. Since 1995, Solar Capital has invested in additional than 420 corporations worldwide with revenues in extra of $50 billion throughout a broad vary of industries and transaction constructions. Over the quarter century, the Agency has constructed a fame as a trusted companion acknowledged for its funding and operational expertise, together with specific experience in Enterprise Providers, Healthcare, Industrial and Shopper sectors. Solar Capital has workplaces in Boca Raton, Los Angeles and New York, and an affiliate with workplaces in London.
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