CHICAGO, IL (December 10, 2018) – RiverGlade Capital (“RiverGlade”), a healthcare services-focused private equity investment firm based in Chicago, Illinois, today announced that it has formed a new partnership with Kids Care Dental & Orthodontics (“Kids Care” or the “Company”), a California-based pediatric and orthodontic dental services provider in order to recapitalize the business and provide additional capital to support future growth. Terms of the transaction were not disclosed.
Founded in 2002, Kids Care is one of the largest and fastest growing commercial and private-pay only pediatric and orthodontic companies. Kids Care has evolved from a single-site pediatric dental office to a fully-integrated pediatric oral care platform with 29 clinical units (pediatric, orthodontic and oral surgery) throughout northern California. The Company is the market-share leader with over 150,000 patient visits per year and a growing team of nearly 300 clinical and non-clinical practice-based staff. Janet Widmann, President and Chief Executive Officer, who has led Kids Care since mid-2016, will continue in her leadership role with the Company.
“The Kids Care team has developed an exceptional reputation for outstanding clinical quality and care, in addition to a positive patient experience. We are very excited to partner with such an outstanding management team and to help them continue to execute on their plan and grow the business,” said Danny Rosenberg, Managing Partner of RiverGlade.
Garrick Rice, Managing Partner of RiverGlade, added, “The quality of care delivered by Kids Care, along with its unique culture that positively impacts patients and communities, is consistent with our strategy of working with the best clinical care providers. We are honored to have the opportunity to partner with Kids Care and provide resources to accelerate the Company’s growth in northern California and beyond.”
About Kids Care
Kids Care Dental & Orthodontics is a northern California-based multi-site practice that offers comprehensive services including preventive dental care, orthodontics and oral surgery for every gap-toothed, mischievous, silly and giggly smile. Kids Care believes that when kids grow up enjoying the dentist, healthy teeth and gums will follow and offer a unique dental practice that delivers fun, not fear. For more information, visit http://www.kidscaredental.com.
About RiverGlade Capital
RiverGlade Capital is a healthcare services-focused private equity firm that invests in founder-owned, high-quality, differentiated businesses. RiverGlade partners with companies that have demonstrated strong organic growth and where value can be accelerated through human capital investments, operational improvements, strategic planning, and dynamic organic and inorganic growth initiatives.