From expanding into new states to additional investments, here are 10 updates on Dallas-based MB2 Dental, as reported by Becker's in 2024:
1. MB2 Dental made its first practice addition in Iowa, marking the 44th state in its nationwide network.
2. The dental partnership organization announced a recapitalization event with a new investor.
3. MB2 Dental added its first set of practices in Massachusetts.
4. Charlesbank Capital Partners announced plans for a strategic review of MB2 Dental, which could result in the private equity firm selling its stake.
5. The company added its first South Carolina dental practice.
6. MB2 Dental was named a winner of two Stevie Awards and a winner in D CEO's 2024 Mergers and Acquisitions Awards program.
7. The DPO entered its 41st state by partnering with an endodontics-focused practice in Vermont.
8. MB2 Dental added its 700th practice to its network with the addition of a new dental practice in Anna, Texas.
9. MB2 Dental partnered with a dental practice in West Virginia, marking the 40th state it supports locations in.
10. The company closed on a $2.344 billion unitranche debt facility to fund acquisitions and future growth.