CHARLOTTE, N.C., July 26th, 2022 —TUSK Partners (“TUSK”), the premier dental-focused M&A Advisor, advised Cerillo Family Dentistry in its affiliation with Heartland Dental, a portfolio company of KKR. The transaction was led by Kevin Sauer, Director of Mergers & Acquisitions at TUSK Partners. Alex Cherniavsky, and George May, spearheaded the diligence and analytics efforts for TUSK.
For nearly 30 years, Cerillo Family Dentistry has provided confident smiles throughout Southern Florida. Under the leadership of Dr. Lou Cerillo, Cerillo Family Dentistry is committed to delivering exceptional world-class oral care to its patients through a personalized comprehensive care approach. With two clinic locations, Cerillo Family Dentistry is a leading dental group in Southern Florida.
Dr. Lou Cerillo, Founder of Cerillo Family Dentistry commented, “After a failed process with a traditional dental broker, I engaged TUSK Partners due to their proven success in the space. I knew from our first meeting that their team is above the rest. TUSK did an incredible job running an efficient process and bringing 12 LOIs tothe table. I remained in control of the process while their team achieved every aspect of what I was looking for in my transaction. I trusted their team to execute, and they did so seamlessly, which allowed me to focus on providing top-tier clinical care to our patients. I can’t imagine going through this process without TUSK on my side. I was able to find the perfect affiliation team in Heartland Dental and Heartland Dental supported practice and I look forward to Heartland Dental’s support in growing the business.”
Kevin Sauer, Director of Mergers & Acquisitions at TUSK added, “We are elated with the new affiliation with Cerillo Family Dentistry, Heartland Dental and Heartland Dental supported practice. Both organizations have the same core values at the heart of their businesses. It was clear that the patient is the lifeblood of their organizations, and I cannot wait to see the positive impact the affiliation has on their patient base.”
Annette Summerall, Practice Transition Representative at Heartland Dental, commented, “Dr. Lou Cerilloand his team have built an incredible business. Their patient-centric approach in their daily operations was obvious early in the process, making the business an affiliation opportunity that was irresistible. TUSK ran a seamless process, providing clean and timely data to our team. We are lucky to bring Cerillo Family Dentistry into the Heartland Dental support network.”
About Cerillo Family Dentistry
Cerillo Family Dentistry is a 2-location multi-specialty group in Southern Florida. The leadership of the company is led by Dr. Lou Cerillo. Cerillo Family Dentistry offers a variety of dental treatments that are comfortable, safe, and effective. Their practices are equipped with the latest dental technology so they canprovide complete care for their surrounding communities. For more information, visit https://www.drcerillo.com
About Heartland Dental Care
Heartland Dental is the nation’s largest dental support organization providing non-clinical, administrative support services. What started from the entrepreneurial spirit of Rick Workman, DMD, with his single dental practice, hasevolved into affiliating with over 2,400 doctors in over 1,600 locations across 38 states. The company is majorityowned by KKR, a leading global investment firm. For additional information, please visit heartland.com. Follow us on LinkedIn, Facebook, Twitter and Instagram.
About TUSK Partners
TUSK Partners (“TUSK”) provides M&A Advisory services in the dental industry. TUSK has completed over $700M of transactions across all specialties. With an in-depth understanding of the marketplace and access to 100’s of buyers nationwide, we help our clients confidently pursue M&A transactions that maximize their long-term value. With our significant collective experience of over 40+ years of dental practice transaction, we offer our clients solutions that help them to achieve their strategic and financial objectives. For more information, visit https://tusk-partners.com.