Through the transaction, Heartland Dental and ADPI will have a combined network of more than 2,300 supported dentists in more than 1,400 locations across 38 states.
“We are thrilled to bring together two historic industry leaders to further doctor-led, high-quality oral healthcare,” said Patrick Bauer, Heartland Dental president and CEO.
“Heartland and ADPI share a mission to support dentists and their teams in delivering the highest quality patient care and experiences to the communities they serve,” Bauer said.
“Together, we will have expanded geographic reach and operational resources to deliver unparalleled value and support to doctors,” he said.
Heartland Dental and ADPI have complementary missions, cultures, and organizations, the companies said.
Many of ADPI’s practices are accredited by the Accreditation Association for Ambulatory Health Care, the companies continued, while Heartland Dental is known for the resources and support it provides practices including continuing education and training, efficient purchasing methods, and technology.
Upon closing, ADPI doctors and team members will gain access to Heartland Dental’s educational offerings, including continuing education and leadership training, with opportunities to enhance skill levels and advance careers.
“We are excited to be joining Heartland Dental’s network, which offers expansive resources to our supported doctors and team members, strengthening their dental practices and enabling the best care to their patients,” said Kevin Trexler, ADPI CEO.
“Our culture compatibility, dedicated to supporting doctors and our team members, is the basis for supporting dental providers as the nation’s leading DSO,” said Trexler.
The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2021.