SkyKnight Capital, L.P. (“SkyKnight”), a renowned private equity firm known for building leading businesses with entrepreneurs and employee shareholders, has announced a significant investment in Pearl Street Dental Partners (“Pearl Street” or the “Company”). This strategic partnership marks an exciting new chapter for Pearl Street, as co-founders David Meece and Dr. Robby Jennings, alongside dentist shareholders and existing investor Talisker Partners (“Talisker”), will retain substantial ownership in the company. The current management team will continue to steer Pearl Street, ensuring continuity and a focus on future expansion.
Pearl Street Dental Partners, headquartered in Dallas, Texas, operates as a partnership-focused dental practice management organization. They collaborate with high-achieving dentists, empowering them to reach their professional aspirations, stimulate practice growth, and optimize operational efficiency, all while upholding the autonomy of each dental practice. Currently supporting 32 partner practices and employing over 350 individuals, Pearl Street is a recognized leader in Texas and Oklahoma. The company is dedicated to preserving the essence of private practice dentistry by providing partner dentists with cutting-edge technology, comprehensive resources, and the security of a larger network.
At the heart of Pearl Street Dental Partners is a unique co-ownership model and a tight-knit dentist community. This approach offers dentists a genuine business ally and a robust support system designed to ensure the enduring success of their practices. Recognizing the power of collaboration, Pearl Street has cultivated a strong peer network among its practices, encouraging the open exchange of ideas and best practices throughout the organization. Pearl Street’s core mission is to cultivate a family of exceptional individuals and healthcare providers, all dedicated to delivering outstanding patient experiences.
“We are delighted to join forces with SkyKnight as Pearl Street Dental Partners advances its mission to provide dentists with a collaborative partnership model that bolsters their passion for both dentistry and entrepreneurship,” stated David Meece, Co-Founder and CEO of Pearl Street. “Our philosophy is rooted in prioritizing people and culture, believing that positive outcomes naturally follow. In seeking a new partner, we prioritized those who not only shared our vision but also brought valuable resources to Pearl Street, while respecting our foundational principles. We have found the ideal partner in SkyKnight and are enthusiastic about our collaborative journey in the years ahead.”
Jordan Milich, Partner at SkyKnight, commented, “Pearl Street Dental Partners distinguishes itself as a people-centric organization, placing patients, dentists, hygienists, and staff at the forefront. They strategically deploy technology and operational support to empower their dentist partners to excel clinically. We are impressed by the genuine and collaborative culture fostered at Pearl Street and are honored to support the management team and the entire Pearl Street family in their next phase of growth.”
Alex Duncan, Managing Partner at Talisker, added, “Over the past three years, Pearl Street Dental Partners has become the preferred partner for dentists across Texas and Oklahoma. We are gratified by the trust placed in us by numerous successful dentists who have entrusted us with their practices and their futures. Pearl Street’s success is built upon finding the right partners who genuinely care about people, and we are confident that SkyKnight will be an invaluable partner in the next chapter as we collectively build a leading dental group in the industry.”
About Pearl Street Dental Partners
Based in Dallas, Texas, Pearl Street Dental Partners collaborates with dental practices throughout Texas and Oklahoma. Their team of highly skilled dentists, hygienists, and practitioners delivers comprehensive patient care spanning general, specialty, and cosmetic dentistry. Pearl Street provides its partner practices with essential centralized non-clinical resources, enabling dentists and clinical teams to concentrate solely on dentistry and exceptional patient care, while retaining significant ownership in their practices. Pearl Street is dedicated to maintaining provider autonomy and fostering a family-oriented culture and community among its partners. For more information, please visit www.pearlstreetdentalpartners.com.
About SkyKnight Capital
SkyKnight Capital manages $2.5 billion in private equity capital, representing leading institutional family offices, foundations, endowments, and pensions. SkyKnight focuses on long-term investments in high-quality businesses within stable growth sectors, partnering with exceptional management teams. Further details can be found at www.skyknightcapital.com.
About Talisker Partners
Talisker is a private investment firm that partners with outstanding business owners, providing capital, operational support, and strategic insights. Talisker is committed to creating lasting positive impact for founders, management, and their employees through genuine partnerships. More information is available at www.taliskerpartners.com.
Contact
SkyKnight Capital
Mara Hunt
[email protected]
