Smile Doctors has completed 59 add-on acquisitions since 2020, according to PitchBook's "Healthcare Services Report" for the fourth quarter of 2023.
The report, published Feb. 8, analyzed private equity trends during the fourth quarter of 2023 as well as past years.
Here are the most acquisitive private equity-backed DSOs since 2020:
Smile Doctors: 59
Specialized Dental Partners: 39
Southern Orthodontic Partners: 32
U.S. Oral Surgery Management: 26