CHICAGO, Nov. 16, 2021 /PRNewswire/ — Thurston Group (“Thurston”), a personal fairness agency centered on investments in healthcare companies firms, introduced the sale of U.S. Endodontics Companions (“U.S. Endo”) to Quad-C Administration. Established in 2018 by the mixture of three main practices, U.S. Endo has grown quickly by partnering with top-tier endodontists throughout the nation. Since inception, U.S. Endo has accomplished over 45 acquisitions and now spans over 80 places of work in 28 states. Thurston and its associates obtained over a 4.6x return on invested capital which resulted in an IRR of over 80%.
Patrick J. Haynes, III, Chairman and CEO at Thurston Group, said, “US Endo, in a brief interval, has established itself not solely as the primary endodontic platform within the U.S., however can be thought of the premier companion of selection available in the market. We now have saved true to our thesis at Thurston by partnering, attracting, and retaining the perfect clinicians by providing an unparalleled alternative to be a companion whereas sustaining distinctive scientific care and autonomy.”
Dan Davis, Managing Director at Thurston Group additional said, “We’re assured that the monetary and operational basis constructed by Thurston has positioned US Endo for future success.”
Dr. Steve Frost, U.S. Endo Chief Medical Officer mentioned, “The success and unprecedented development of our firm is a direct results of the Thurston Group’s pro-active management and companion centric strategy. US Endo’s excellent endodontist companions want premier help and infrastructure, that Thurston was capable of construct and scale. With endodontists being specialists, we discovered glorious worth in working with specialists like Thurston Group to construct a number one platform. I really feel excessive gratitude for the information, expertise and monetary win the Thurston Group empowered US Endo companions to realize.”
Scotte Hudsmith, U.S. Endo Senior Advisor and Board Member, added, “Thurston Group collaborated with Physician companions to create US Endo, the primary Endodontic Specialty platform. There is no such thing as a doubt that Thurston’s expertise in creating different specialty platforms helped make US Endodontic Companions the chief that it’s right this moment.”
Ernst and Younger served as monetary advisor and Willkie Farr & Gallagher LLP served as authorized advisor to U.S. Endo and Thurston Group on the transaction.
About Thurston Group
Thurston Group is a Chicago-based non-public fairness agency that focuses on constructing industry-leading firms within the healthcare and associated enterprise companies sectors. Thurston has an intensive historical past of partnering with physicians and constructing fast-growing healthcare companies, together with Smile Medical doctors, U.S. Endodontics Companions, US Oral Surgical procedure Administration, South Georgia Dental Administration, U.S. Orthopaedic Companions, Gen4 Dental Companions and ARC Well being, amongst others. Over its thirty-five-year historical past Thurston Group has returned over $4B of invested capital. For extra details about Thurston Group, please go to Thurston Group’s web site at www.thurstongroup.com.
CONTACT: Dana Hayes, 312-255-0077 ext 216
SOURCE Thurston Group