Houlihan Lokey Advises Simply Beautiful Smiles

Houlihan Lokey is pleased to announce that Delaware Valley Management Holdings (dba Simply Beautiful Smiles) has been acquired by an affiliate of Sun Capital Partners, Inc. from The Beekman Group. The transaction closed on February 4, 2019.

Founded in 2000, Simply Beautiful Smiles is among the largest dental support organizations (DSOs) in the mid-Atlantic region, with 20 affiliated offices in the greater Philadelphia market. Since partnering with The Beekman Group in 2014, Simply Beautiful Smiles doubled its network of affiliated offices while strengthening its differentiated approach to supporting multi-specialty offices led by quality dentists and staff committed to delivering consistent quality care to patients.

Based in New York, The Beekman Group is a leading private equity firm dedicated to bringing financial and operational resources to lower-middle-market companies. The Beekman Group manages over $800 million of assets and focuses on lower-middle-market services companies based in the U.S.

Sun Capital Partners, Inc. is a global private equity firm with offices in Boca Raton, Los Angeles, and New York, and affiliates in London and Shenzhen. Sun Capital Partners is a trusted partner recognized for its investment and operational experience, including particular expertise in consumer-facing industries. Since 1995, Sun Capital Partners has invested in more than 365 companies worldwide with revenues of approximately $50 billion across a broad range of industries and transaction structures.

This transaction highlights Houlihan Lokey's continued leadership within the DSO sector, having closed 16 transactions in this sector since June 2014. Houlihan Lokey's Healthcare Group is among the largest dedicated healthcare investment banking groups in the country. In 2018, Houlihan Lokey was ranked the No. 1 M&A advisor for all U.S. healthcare transactions by Thomson Reuters.

Houlihan Lokey served as the exclusive financial advisor to Simply Beautiful Smiles and assisted in initiating, structuring, and negotiating the transaction.