Current Investment
P1 Dental Partners
Prairie Capital Fund VI
Location | Indianapolis, IN |
Transaction Type | Growth Buyout with Founder and Management |
Investment Date | December 2020 |
Business | Dental Partnership Organization (DPO) located in the Midwest |
Industry | Healthcare |
Investment Rationale
- Partnership opportunity with both management and partner dentists
- Large, growing and highly fragmented market with trends towards consolidation
- Strong market position as key DPO player in the state of Indiana
- Dentist-led organization formed by elite dentists with shared clinical mindsets and established goodwill in their communities
- Ability to implement growth plans for each practice to maximize productivity and profitability while maintaining the individual identity and character of each practice
- Identified growth opportunities both via acquisition (standalone and tuck-in) and de novo
Value Add
- Human Capital
- Sales & Marketing
- Technology
- Infrastructure
- Supply Chain
- Add-on Acquisitions
The Prairie Capital Team exemplifies the ideal investment partner in a world where “private equity” has earned such a negative reputation. Their behind the scenes support to help scale businesses and the backing of founding management redefines “private equity” to a term with integrity and values.
Prairie spent quite a bit of time to get to know us, not just the business, early on – and we were able to build a great level of familiarity before we even closed. Therefore, we went into building this business with a partner we trust, we like…and we have the confidence that their track record will help get us where we want to go with our company.