Smile Doctors Orthodontics, the leading and rapidly expanding orthodontics-focused dental support organization (OSO) in the United States, has announced a significant strategic investment to propel its growth trajectory and broaden its service offerings. This pivotal investment comes from Thomas H. Lee Partners, L.P. (THL), a prominent private equity firm specializing in growth-oriented companies, who joins forces with existing investor Linden Capital Partners in an equal partnership. Crucially, affiliated orthodontists will maintain a substantial ownership stake in the organization, underscoring their continued commitment and alignment with the future success of Smile Doctors Orthodontics.
This new partnership marks an exciting chapter for Smile Doctors Orthodontics, paving the way for accelerated expansion and enhanced patient care. The infusion of capital and expertise from THL, alongside the ongoing support of Linden, will empower Smile Doctors to forge new collaborations with thriving orthodontic practices and extend its comprehensive suite of services. This strategic move reinforces Smile Doctors’ unwavering dedication to making high-quality orthodontic care more accessible across the nation, ensuring more individuals can achieve confident and healthy smiles.
Alt text: Confident smile of a woman showcasing her perfectly aligned teeth after undergoing orthodontic treatment at Smile Doctors Orthodontics, highlighting the positive outcomes of their smile correction services.
J. Hedrick, CEO of Smile Doctors Orthodontics, expressed enthusiasm about the partnership, stating, “As we focus on making quality orthodontic care accessible to more people across the United States, we are thrilled to welcome our new partners at THL. Along with our existing partners at Linden, we are excited about the opportunity to create new partnerships with thriving practices and continue to expand our services through this new relationship. This partnership allows our team members to remain committed to providing excellent care in our communities with all-inclusive orthodontic treatment that results in beautiful, confident smiles and genuine, unforgettable experiences.” This statement emphasizes the core mission of Smile Doctors Orthodontics: to provide patient-centric care that delivers exceptional results and fosters positive experiences.
The decision by THL to invest in Smile Doctors Orthodontics reflects the firm’s confidence in the OSO’s proven track record and patient-focused approach. Joshua Nelson, Managing Director and Head of Healthcare at THL, commented, “We have been very impressed with Smile Doctors’ proven track record of delivering best-in-class services and achieving exceptional patient satisfaction. We look forward to supporting the company’s doctors as they grow and extend this model of patient-centric care.” Megan Preiner, Managing Director at THL, further added, “Smile Doctors is the platform of choice for clinicians at every stage of their careers. We are committed to helping the Company’s talented, affiliated orthodontists grow their practices and extend patient access to best-in-industry resources and services.” These endorsements from THL leadership highlight Smile Doctors Orthodontics’ strong market position and appeal to both patients and orthodontists.
Alt text: Orthodontic specialist at Smile Doctors Orthodontics explaining treatment options to a patient, demonstrating the personalized and expert care provided for smile transformations.
Linden Capital Partners, who initially invested in Smile Doctors Orthodontics in 2017, reiterated their ongoing support and optimism for the future. Tony Davis, President and Managing Partner at Linden, stated, “We are proud of the strong growth and performance at Smile Doctors since our initial investment in 2017 and look forward to continuing to support J. and the Smile Doctors team.” Mike Watts, Partner at Linden, added, “We are excited to partner with THL and believe our combined resources, experience, and capital will help drive continued success going forward.” The continued partnership of Linden underscores the long-term value and potential they see in Smile Doctors Orthodontics.
Smile Doctors Orthodontics has established itself as the largest orthodontics-focused OSO in the U.S., boasting a rapidly growing network of over 295 locations across 25 states. Their success is rooted in providing affiliated practices with the resources and cutting-edge technology necessary for orthodontists to concentrate fully on delivering exceptional patient care. Smile Doctors Orthodontics is also recognized as the largest network of Diamond Plus Invisalign providers, signifying their expertise and extensive experience with this advanced orthodontic treatment. Affiliated orthodontists are active members of esteemed professional organizations such as the American Association of Orthodontists and the American Dental Association, further solidifying their commitment to excellence and continuous professional development.
Alt text: Exterior view of a modern Smile Doctors Orthodontics clinic, representing a welcoming and state-of-the-art facility for individuals seeking expert orthodontic care to achieve their ideal smile.
The mission of Smile Doctors Orthodontics is clear: to create confident smiles that inspire patients, their team members, and the communities they serve. This investment from THL and the continued partnership with Linden Capital Partners will undoubtedly empower Smile Doctors Orthodontics to further expand its reach, enhance its services, and continue making a positive impact on the lives of countless individuals seeking quality orthodontic care. By focusing on patient satisfaction, utilizing advanced technology, and fostering a supportive environment for affiliated orthodontists, Smile Doctors Orthodontics is poised to remain at the forefront of the orthodontic industry, shaping the future of smile care.
