Premier Dental Acquires a Dental Business From Guardian

Western Dental has been a major supplier of dental services for enrollees in California’s Medicaid program.

Moody’s reported in 2017 that  Western Dental generates about $570 million in revenue per year.

Daniel Crowley, Western Dental’s chief executive officer, said in a statement that his company would like to make more deals, and that it would like to offer more orthodontic and specialty dental services.

S&P Global’s View

S&P Global said in its comment on the deal in December that Premier Dental is now one of the larger dental DSOs in the United States, but that the company operates in a competitive, fragmented market, with low barriers to entry.

If the company managed to pay down its debt, S&P Global would view that as temporary, the firm said.

“We expect the company to be acquisitive and to maintain an aggressive financial policy due to its private equity owners,” S&P Global said.

Resources

Moody’s has posted information about Premier Dental here,

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