PE-backed NADG acquires TF Dental from Blackford

North American Dental Group, a portfolio company of ABRY Partners, has acquired Atlanta-based TF Dental, a provider of general dentistry services. The seller was Blackford Dental Management. No financial terms were disclosed. Cain Brothers was financial adviser to Blackford on the deal.


Blackford Dental Management (Blackford), a holding company for leading dental support organizations, has sold TF Dental to North American Dental Group (NADG), a portfolio company of ABRY Partners. Cain Brothers served as financial advisor to Blackford.

Based in Lancaster, PA, Blackford has invested in a number of leading regional DSOs that provide support services to the affiliated dental practices in Georgia, New Jersey and Pennsylvania. Blackford’s companies offer business and management support services, non-clinical personnel, facilities and equipment for dentists and hygienists.

TF Dental, based in Atlanta, GA through its supported practices provides comprehensive general dentistry services, as well as multiple specialty services including endodontics, oral surgery, pedodontics and periodontics. TF Dental has grown through an innovative de novo strategy, and has an established reputation for providing quality dentistry to its patients.

Headquartered in New Castle, PA, NADG is a leading provider of dental support services in the US. NADG supports affiliated dental practices in all non-clinical aspects of dentistry including staffing, patient scheduling, billing and collections, financial reporting and analysis, enabling associated dentists to focus exclusively on delivering high quality patient care.

Cain Brothers, a division of KeyBanc Capital Markets, is a pre-eminent healthcare investment bank. We deliver innovative solutions and fresh ideas to our clients in mergers & acquisitions, debt and equity financing, and strategic and financial advisory from our offices across the country. Our deep knowledge of the industry is matched with the knowhow needed to efficiently execute the most complex transactions of all sizes. With our exclusive focus on healthcare services, medical technology and life sciences, we have an unobstructed view of this rapidly evolving industry that enables us to provide unique perspectives to our clients.