Dallas-based MB2 Dental announced a recapitalization event with a new investor, according to a Nov. 13 news release from the company.
Here are six things to know:
1. Warburg Pincus, a private equity firm, invested $525 million into MB2 Dental.
2. The investment offers liquidity options to the dental partnership organization's partner dentists at a total enterprise value of more than $3.5 billion.
3. The transaction is MB2 Dental's third recapitalization event in the past seven years.
4. Charlesbank Capital Partners will continue its partnership with MB2 Dental, which initially invested in the company in 2021.
5. Since Charlesbank's investment in 2021, MB2 Dental has added more than 450 partnerships and had company revenue growth of more than 30% each year.
6. Since its inception in 2007, MB2 Dental has partnered with more than 700 dental practices across 43 states.