The Jordan Company said an affiliate of its Resolute Fund V has signed a definitive agreement to acquire Dental365 from the founding shareholders and current investor Regal Healthcare Capital Partners. Resolute V is completing the acquisition in partnership with Dental365’s founder and CEO, Dr. Scott Asnis, who will continue to lead the company. Regal and its founders, Dr. David Kim and Jon Santemma, will remain minority investors in the Company.
The transaction is expected to close in August. Financial terms weren’t disclosed. Read more.
