Oakpoint, a portfolio company of Longshore Capital Partners, has acquired the non-clinical assets of Axiom Dentistry. No financial terms were disclosed. Axiom is a dental and oral care practice serving the Raleigh, North Carolina market.
Longshore Capital Partners (“Longshore”) and its portfolio company, Oakpoint, are pleased to announce the affiliation of the non-clinical assets of Axiom Dentistry (“Axiom”). Axiom is a comprehensive dental and oral care practice serving the Raleigh, North Carolina market. The practice offers a variety of general, cosmetic, family and emergency dental services. The addition of the Axiom brand represents a key achievement as Oakpoint becomes the leading Dental Support Organization (“DSO”) in the Carolinas.
Oakpoint Chief Executive Officer, Mick Janness, leads the Company’s strategy for partnering with oral medicine doctors in the Carolinas. Dr. Moe Malek and Dr. Mary Knight will continue to lead Axiom, which will see no change in its clinical team. Mick Janness commented, “Dr. Malek and Dr. Knight are recognized as leading dentists in the Raleigh area. We are excited to have them, and their team become part of the Oakpoint family.”
Axiom owners Dr. Moe Malek and Dr. Mary Knight commented “Partnering with Oakpoint was a deliberate choice based on their ability to support our vision without disrupting our systems. They have been instrumental in providing technical support, upgrading our infrastructure as well as improving our profits through a partnership of professionalism and good business knowledge. Teaming up with Oakpoint has been a great decision.”
Nick Christopher, Partner at Longshore added, “The Axiom affiliation represents a meaningful advancement toward achieving Oakpoint’s goal of becoming the partner of choice for dentists in North and South Carolina.”
About Longshore Capital Partners
Longshore Capital Partners is a middle-market private equity manager investing out of its inaugural $210 million fund. Longshore acquires control positions in services businesses in North America with $5 to $15 million of EBITDA. The firm has extensive experience partnering with founders and management teams in the lower middle-market and executes a systematic approach to creating shareholder value through a cooperative strategic plan.