BIRMINGHAM, Ala., January 13, 2022 – New Capital Partners (NCP), a private equity firm in Birmingham, Ala., today announces it has sold P&R Dental Strategies (P&R) to The Beekman Group, a private equity firm. P&R Dental Strategies specializes in providing dental informatics solutions and dental claim review services to dental insurance companies.
NCP invested in P&R Dental Strategies in 2014 and quickly established its position as the premier provider of outsourced dental claims review services and dental informatics by building and expanding the only multi-payer dental claims database in the United States. P&R Dental Strategies’ flexible, cutting-edge technology platform provides an enterprise-level suite of quality measurement, business forecasting, claim review and utilization management, provider profiling, fraud and abuse prevention and network development solutions to customers seeking to contain costs and maximize efficiency across their businesses.
NCP Partner Adam Cranford, who served as an active board member during the partnership, shares, “NCP is grateful for the past several years we’ve spent working with the incredible management team at P&R Dental Strategies. We are extremely excited for P&R to begin this new phase of growth. P&R’s relentless focus on customer service has resulted in their ability to grow and build a dominant market position.”
Paul Sheils, CEO of P&R said, “We’d like to thank New Capital Partners for their enthusiastic support and expert strategic guidance over the past six years that enabled our organization to reach this exciting point in our growth trajectory. At P&R, we’ve built a reputation as the premier source for big data solutions, actionable business intelligence, best-in-class analytics technology and the “gold-standard” of claim review services in the growing dental industry. As we reflect on how much we’ve grown, we’re incredibly thankful for the support we received from NCP and extremely excited about the enormous growth opportunities this acquisition by The Beekman Group provides us.”
TripleTree acted as the exclusive financial advisor to P&R Dental Strategies for this transaction.
About New Capital Partners
New Capital Partners (NCP) is a private equity firm composed of former operators headquartered in Birmingham, Ala. NCP makes investments in niche technology and services companies in the healthcare, financial, and business services industries. Leveraging its extensive operational experience, the NCP team helps create significant value in portfolio companies by cultivating true partnerships with management teams and focusing on one core goal: Building Great Companies.
For more information, please visit www.newcapitalpartners.com
About P&R Dental Strategies
P&R Dental Strategies is the premier dental insights company delivering customized, actionable business intelligence powered by DentaBase®, our national multi-payer, fee-for-service claims database. P&R Dental Strategies’ flexible, cutting-edge technology platform provides an enterprise-level suite of quality measurement, business forecasting, claim review and utilization management, provider profiling, fraud and abuse prevention and network development solutions to customers seeking to contain costs and maximize efficiency across their businesses. P&R Dental Strategies customers can depend on the support of an industry-leading team of dentists, consultants and statisticians to focus on their unique challenges.
For more information, please visit www.pandrdental.com