A pioneer among DSOs, Smile Brands was founded in 1998 by a management team that included co-founder and CEO Steve Bilt and CFO Brad Schmidt, combining three West Coast dental companies to form Bright Now!® Dental. Through two large acquisitions – Monarch Dental Corporation in 2003 and Castle Dental Centers, Inc., in 2004 – the organization, which was renamed Smile Brands in 2009, became a dominant player in the dental space. Today the organization, which continues to grow through acquisitions and opening new dental offices, supports approximately 400 practices in 16 states. Smile Brands provides comprehensive business support services through exclusive long term agreements with affiliate dental groups, so dentists can spend more time caring for their patients and less time on the administrative, marketing, and financial aspects of operating a dental practice.Smile Brands’ primary equity sponsor is Gryphon Investors, a leading private equity investment firm focused on investing in physician-centric healthcare businesses. Gryphon’s strategy is to partner with outstanding management teams and build value for its investors through a combination of operational improvements, internal g
...rowth initiatives, and strategic acquisitions. To learn more about Gryphon visit www.gryphon-inv.com.
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