Cordental, a portfolio company of New MainStream Capital, has acquired Chattanooga Dental Care, Dr. Terrence M. Major‘s dental practice. No financial terms were disclosed.
Cincinnati, OH, and Chattanooga, TN, January 18, 2018 – CORDENTAL GroupTM (“CORDENTAL”), a portfolio company of New MainStream Capital (“NMS”), announced today that it has affiliated with Terrence M. Major, DDS/Chattanooga Dental Care. Dr. Major has been providing high quality dental care to the Chattanooga, TN area since 1984. He is a member of the American Dental Association, Tennessee Dental Association, Chattanooga Area Dental Society, Dental Organization for Conscious Sedation, and is part of the Dental Coaching Team with Sunrise Dental Solutions.
“Dr. Major is a highly-respected sedation dentist and brings outstanding clinical skills to help support our growing team of affiliated dentists,” said Dana Soper, Co-Founder and Chief Executive Officer of CORDENTAL. “We are delighted to have his practice, known for its high quality care and exceptional customer experience, become part of our affiliated practices. Dr. Major’s background in sedation dentistry, as well as his desire to mentor and teach other dentists, will be a tremendous asset for CORDENTAL and our affiliated practices.”
“This affiliation represents our first affiliation in Tennessee and supports our continued path of growth, now into three states,” said Steven Jones, Co-Founder and Chief Development Officer of CORDENTAL. “Becoming our fifth practice location since July 2017, we are delighted to have such extraordinary interest from high-caliber dentists such as Dr. Major as we continue to expand our footprint across the Mid-Atlantic, Midwest, and Southeast and become the DSO of choice.”
Dr. Major commented, “Since opening my practice in Chattanooga over 30 years ago, my staff and I have provided our local community with outstanding dental care. By expanding our resources through our affiliation with CORDENTAL Group, I can confidently say that our practice will continue to be the leading sedation dentistry practice in Chattanooga. We are very excited to be part of the CORDENTAL family.”
Dr. Jack W. Haney, DDS, Clinical Advisor for CORDENTAL, added “I am extremely excited to have Dr. Major’s practice affiliate with CORDENTAL. We pride ourselves on providing outstanding clinical care and Dr. Major and his team certainly uphold our high standards of care. Expanding into my home state is an added plus, and I look forward to additional affiliations within East Tennessee in the near future.”
Based in Cincinnati, OH, CORDENTAL Group™ is a dental support organization that provides business support services to affiliated dental practices across the Mid-Atlantic, Midwestern, and Southeastern United States. Founded upon strong guiding principles, CORDENTAL promotes a dentist-centric approach that allows dentists and their teams to concentrate on what they do best – provide the highest level of quality clinical care to their patients. For additional information on CORDENTAL Group™, visit the Company’s website at www.cordentalgroup.com
New MainStream Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Specialized Business Services. For additional information on NMS, visit the firm’s website at www.nms-capital.com