Cathay Capital Announces Investment in Parkview Dental Partners
Summary
The Southwest Florida dental market remains highly fragmented, with a large number of unaffiliated dentists in the region. We are excited to benefit from Cathays track record of scaling businesses while also having a growth mindset and a partnership-like approach with management teams and stakeholders. "The transaction featured material rollover investment from Parkviews existing management team, including Will Schlotthauer, CEO, and Dr. Kenneth Liszewski, Founder and Chief Development Officer, as well as prior owner Parkstone Growth Partners. Provident Healthcare Partners, LLC acted as the exclusive financial advisor to the Sellers.Parkview is a dentist-founded dental growth & management partnership that is decidedly different from corporate DSOs. It has made over 250 investments in verticals including healthcare, technology, and consumer from offices in Paris, New York, San Francisco, Munich, Berlin, Madrid, Shanghai, Beijing, Shenzhen, and Singapore.