Veronis Suhler Stevenson (VSS) is providing capital to Endo1 Partners, a specialty dental services organization headquartered in Houston with operations in Texas and California. Terms of the transaction were not disclosed. Matthew Haddad, DMD, Daryl Dudum, DDS, Mark Haddad, DDS, and Darron Rishwain, DDS, founded Endo1 Partners in 2019.
With VSS’s investment, Endo1 Partners will accelerate its expansion by acquiring endodontic practices in the specialty’s market, which currently totals $1.3 billion and is expected to grow at 5.5% annually to reach $1.6 billion by 2022, the company reports.
“Our investment in Endo1 is well aligned with VSS’s strategy of supporting experienced healthcare executives with flexible capital solutions to take their businesses to the next level,” said Jeffrey Stevenson, managing partner of VSS.
“VSS shares our vision for growing nationally and allowing our endodontist members to do what they do best: focus on providing high-quality compassionate care to our patients,” said Dudum.
“We are pleased to support the Endo1 team with VSS’s financial and operational resources as they continue to build relationships with endodontists across the country,” said Yash Kandoi, director at VSS.
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