Expanding our footprint has been a focus of ours from the very start. Now, thanks to the recent majority stock purchase from global investment giant KKR, Heartland Dental is well-positioned for the next era of growth for our company.
Our first majority acquisition came just before the close of 2012 from Ontario Teachers’ Pension Plan, who remains a minority partner to KKR. Back then, we supported 397 dental offices throughout 21 states. Now fast forward to 2018, we now support over 840 offices across 35 states and boast a workforce of 11,000 team members. Not a bad five plus years!
This new partnership sets that stage for us to advance our growth plans, implement the necessary goals and ultimately create more value for supported doctors and their amazing teams. I always knew that more was in store, but I couldn’t have imagined attracting investors of the caliber of KKR and Ontario Teachers’ to propel us forward. Our number one priority (and reason for existence) is giving doctors more – more value, more support and more resources, so they can deliver the best patient care possible and effectively lead their teams. With KKR’s proven experience and expertise, we’ll be able to continually build and develop even more opportunities.
As Heartland Dental continues its focus on being the leader in dentistry, exciting things are happening! A foundation is being set, not just for more growth, but more development, enjoyment, collaboration, achievement, and so much more. Keep following us and stay tuned, you won’t want to miss this! You can read more about our deal with KKR here.
Rick Workman, DMD, Founder & Executive Chairman