Announced
Completed
Synopsis
Surge Private Equity, a Dallas-based private equity firm that seeks majority investments in growing businesses, acquired Access Dental, a network of community-driven multi-specialty dental practices focusing on family dentistry with an open-door policy to virtually all patients and payors and Lacosta Dental (a subsidiary of Access Dental). The financing was provided by Corbel Capital. Dr. Tien Phan retains a significant equity stake in the business and Surge obtaining a majority position. Additionally, excess cash was placed on the balance sheet at close to immediately pursue the de novo activity. “We are eager and excited with this strategic partnership with Surge. Surge brings expertise we need that will assist in expansion of our services to more communities." Tien Phan, Access Founder.
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