Private equity firm Cathay Capital announces that it has invested in dental service organization (DSO) Parkview Dental Partners. This investment is the inaugural North American investment from Cathay’s Growth Private Equity Fund (Small Cap IV), which announced a final close in June 2023. Cathay’s investment, in partnership with Parkview’s management team, will accelerate the Company’s expansion in Florida’s $9 billion dental services market. Founded in 2018 in Sarasota, Florida, Parkview is a DSO that currently manages 22 dental practices that provide both general dentistry and specialty dental services. Since its founding, Parkview has expanded from eight practices to 22 practices today, having grown revenue at a 50% CAGR since 2019.
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Source: https://www.prnewswire.com/news-releases/cathay-capital-announces-investment-in-parkview-dental-partners-301977962.html