Black Canyon Capital has sponsored a recapitalization of JDC Healthcare, a Dallas-based dentral practice management company. No financial terms were disclosed for the recap, which was done in partnership with company management.
Black Canyon Capital, a Los Angeles-based private capital firm focused on investing in control and non-control private equity and structured debt financings, announced today it has completed a recapitalization of JDC Healthcare (JDC), in partnership with the company’s owner and founder, Dr. David Alameel, and management. JDC is a leading dental practice management company headquartered in Dallas. The investment in JDC was structured to replace the company’s existing lenders and to capitalize the business to capture future growth opportunities.
“We are very excited at the prospect of investing alongside Dr. Alameel and his team,” said Michael Hooks, a General Partner of Black Canyon. “We believe JDC’s state of the art facilities, professional staff and many years of experience, coupled with our experience partnering with management teams and helping them grow their businesses, will result in JDC’s continued success.”
About Black Canyon Capital
Black Canyon is a Los Angeles-based private capital firm focused on investing in control and non-control private equity and structured debt financings. Since its inception in September 2004, Black Canyon has completed more than $1 billion of equity and debt investments. More information can be found at www.blackcanyoncapital.com
About JDC Healthcare
Founded in 1967, JDC Healthcare is one of the largest privately owned dental practice management companies in Texas. JDC currently manages 23 affiliated dental offices, operating under the name Jefferson Dental Clinics, focused on providing high-quality patient care targeting the Hispanic community in the Dallas/Fort Worth (DFW) metropolitan area. JDC has expanded from a single clinic into a multi unit operating platform with a 42 year history of catering to the Hispanic population in the DFW market. JDC prides itself on its established reputation and commitment to quality care and is well positioned to further expand upon its leadership position in the high-growth Hispanic dental services market. More information can be found at www.jdcweb.com.