JONESBORO, Ark., Dec. 9, 2021 – Guided Practice Solutions (“GPS Dental”), a rapidly growing dental service organization (DSO), has secured a strategic growth investment from Main Post Partners, a leading private equity firm known for its expertise in partnering with multi-location consumer service platforms. This investment from Main Post Partners marks a significant milestone for GPS Dental and signals strong confidence in its business model and future growth trajectory within the competitive dental services market.
Founded in 2015 by Dr. Hunter Smith and Dr. William Little, GPS Dental has expanded its network to 23 dental practices across multiple states including Arkansas, Missouri, Oklahoma, Tennessee, Indiana, Texas, and Kansas. The DSO provides comprehensive management services to support its partner dentists, offering flexible partnership terms, attractive liquidity options, and the opportunity for doctors to participate in the platform’s continued success. With this new capital injection from Main Post Partners, GPS Dental is poised to accelerate its business development and expand into new geographic markets, further solidifying its presence in the dental industry.
“We believe Main Post Partners‘ culture and proven track record align perfectly with our vision for GPS,” stated Co-Founders Dr. Hunter Smith and Dr. William Little. “This partnership will enable us to enhance our business operations, maintain a positive and productive work environment for our doctors and staff, and ultimately elevate the patient experience.”
Sean Honey, Managing Partner at Main Post Partners, commented, “GPS Dental’s impressive growth and commitment to its partner dentists are what attracted us to this opportunity. Their approach resonates with our investment strategy of backing strong management teams within multi-location consumer services. We are excited to leverage our experience in digital marketing and consumer engagement to help GPS Dental achieve even greater expansion and success.”
As part of this transaction, Main Post Partners is partnering with the founders and several existing partner-doctors. Industry veteran Andy Graham, with extensive DSO experience, will join the Board of Directors as Chairman, adding further strategic guidance to GPS Dental. “Hunter and Will’s dedication to their business, their partners, and their deep understanding of the dental profession are truly remarkable,” said Graham. “Their unique partnership model and the demonstrable value they provide to their affiliated practices set GPS apart in the DSO space.”
Professional Transition Strategies acted as the exclusive financial advisor to GPS Dental for this transaction. Legal counsel was provided by Dykema Gossett PLLC and Morrison & Foerster for Main Post Partners, and Parsons Behle & Latimer served as the legal advisor to GPS Dental.
About Guided Practice Solutions:
Guided Practice Solutions (GPS Dental), established in 2015 by Dr. Hunter Smith and Dr. William Little, supports 23 dental practices across Arkansas, Missouri, Oklahoma, Tennessee, Indiana, Texas, and Kansas. Headquartered in Jonesboro, Arkansas, GPS Dental offers a comprehensive suite of management services and partnership opportunities for dentists throughout the United States. For more information, please visit https://www.gpsdds.com/.
About Main Post Partners:
Main Post Partners is a leading private equity investment firm focused on growth companies within the consumer value chain. Main Post Partners seeks both majority and minority investments, primarily in situations where founders, entrepreneurs, and management teams are seeking experienced partners to facilitate growth and reach their full potential. With a partnership-focused approach, Main Post Partners collaborates with a network of successful executives to provide operational and strategic support to its portfolio companies. Main Post Partners has been recognized as one of Inc.’s 50 Best Private Equity Firms for Entrepreneurs. For more information, please visit https://mainpostpartners.com/.
Contact: Chris Tofalli, Chris Tofalli Public Relations, LLC, 914-834-4334
