Deloitte Corporate Finance LLC advises Advantage Community Holding Company LLC on its sale to DentaQuest LLC
CHARLOTTE, N.C., Nov. 22, 2016—Deloitte Corporate Finance LLC (DCF) acted as the exclusive financial advisor to Advantage Community Holding Company LLC (Advantage Dental), a dental managed care provider, on its majority stake sale to DentaQuest LLC (DentaQuest). The transaction closed on Sept. 30, 2016.
Headquartered in Redmond, Oregon, Advantage Dental is a Medicaid-focused dental managed care provider, offering services to patients through its established network of dentists and company-owned clinics. Advantage Dental was founded in 1994 by a group of Oregon dentists concerned with the lack of access to dental care in rural areas of the state. Since its inception, Advantage Dental has made several strategic acquisitions, enabling it to currently provide care to over 300,000 recipients across the state of Oregon.
Deloitte Corporate Finance was instrumental in not only navigating a complicated transaction process, but also educating and reassuring Advantage Dental’s unique shareholder base as the deal progressed.
—Dr. Mike Shirtcliff, president and founder, Advantage Dental
We really appreciated the insight and support DCF provided at each stage of the process, as Advantage Dental sought a new partner for the next phase of its growth.
—Dr. Kyle House, chairman, Advantage Dental
Drs. Shirtcliff and House, along with the rest of Advantage Dental’s leadership team, have built a market-leading company providing care for some of Oregon’s most in-need residents. We were happy to help secure the strategic partner Advantage Dental needed to help continue its growth and success.
—Jason Porter, senior vice president, Deloitte Corporate Finance LLC
About Advantage Community Holding Company LLC
Advantage Dental, based in Redmond, Ore., was established in 1994 to provide dental leadership, service and access to care in Oregon communities in a sustainable, entrepreneurial and professional manner. For more information on Advantage Dental, visit www.advantagedental.com.
About DentaQuest LLC
Based in Boston, Mass., DentaQuest is one of the largest oral health companies in the Medicaid space. Along with its charitable DentaQuest Foundation, its clinical DentaQuest Care Group, and its educational DentaQuest Institute, its mission is to improve the oral health of all. For more information, visit the DentaQuest website www.dentaquest.com.
About Deloitte Corporate Finance LLC
Deloitte Corporate Finance LLC (DCF) provides strategic advisory services and M&A advice that help corporate, entrepreneurial, and private equity clients create and act upon opportunities for liquidity, growth, and long-term advantage. With an in-depth understanding of the marketplace and access to a global network of investment bankers, we help clients confidently pursue strategic transactions in both domestic and global markets. DCF, together with the Corporate Finance Advisory practices within the Deloitte Touche Tohmatsu Limited network of member firms, include in excess of 1,900 professionals, who work collaboratively across 150 international locations. With our significant experience providing investment banking services across key industries, we are able to offer our clients solutions that help them to achieve their strategic objectives. For more information, visit www.investestmentbanking.deloitte.com.
Prior engagement performance is no guarantee of future performance and may not be representative of the experience of other clients. This communication is for informational purposes only and is not intended as an offer or solicitation for the purchase or sale of a security.
Deloitte Corporate Finance LLC, an SEC registered broker-dealer and member of FINRA and SIPC, is an indirect wholly-owned subsidiary of Deloitte Financial Advisory Services LLP and affiliate of Deloitte Transactions and Business Analytics LLP. Investment banking products and services within the United States are offered exclusively through Deloitte Corporate Finance LLC. For more information, visit www.investmentbanking.deloitte.com. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.