Private equity firm Cathay Capital invested in DSO Parkview Dental Partners. The amount was not disclosed.
This is the inaugural North American investment from Cathay’s Growth Private Equity Fund (Small Cap IV), which announced a final close in June. Cathay’s investment, in partnership with Parkview’s management team, will be used to accelerate the company’s expansion in Florida’s $9 billion dental services market.
Founded in 2018 in Sarasota, FL, Parkview is a DSO that currently manages 22 dental practices that provide both general dentistry and specialty dental services. Since its founding, Parkview has expanded from eight practices, having grown revenue at a 50% CAGR since 2019.
Founded in 2007, Cathay Capital now manages more than $5.5 billion in assets. It has made over 250 investments in verticals including healthcare. Read more.
