CLEVELAND, March 3, 2020 /PRNewswire/ — Evolution Capital Partners’ portfolio company Empire Dental Arts (“Empire“) announced today it has acquired Papich-Forsyth D.D.S. & Associates. Established in 2017 and headquartered in Mentor, Ohio, Empire is a dental partnership organization that provides operational support and services to a network of dental practices in Northeast Ohio.
This is the first investment Empire has made since being acquired by Evolution Capital Partners of Cleveland in early January 2020. It increases Empire’s affiliated offices to six in Northeast Ohio.
“Empire’s partnership will provide our teams the necessary support to bolster the amount of quality clinical time we have with our patients,” said Dr. Papich-Forsyth, chief executive and chief clinical officer of her namesake practice. “We are also excited about the additional Empire resources and training that will enable us to continue to deliver the latest technology and practices to our dedicated patients.”
Founded by Dr. Maria Papich-Forsyth, Papich-Forsyth D.D.S & Associates has two locations in Stow and Cuyahoga Falls. Dr. Papich-Forsyth attended Northwestern University Dental School and LVI Global in Las Vegas where she focused on advanced comprehensive care, aesthetics and reconstruction. She has also trained and taught at The Center for Exceptional Practices in Richfield, Ohio. Dr. Papich-Forsyth practiced dentistry in Chicago, Illinois prior to returning to Ohio and eventually acquiring four practices in Cuyahoga Falls and the surrounding area. She is a member of ADA, ODA, Chicago Dental Society, AACD and IAFA.
“We are excited to grow our affiliated practices with the addition of Papich-Forsyth D.D.S & Associates. Our ability to secure a relationship with a practice like Papich-Forsyth D.D.S is testament to our dentist-centric, patient-focused approach,” said Dr. D. Todd Russell, founder and CEO of Empire. “The Empire team looks forward to expanding our commitment to quality care into other Northeast Ohio communities.”
About Empire Dental Arts
Empire Dental Arts is a dental partnership organization providing the partner dentists clinic-level operational support as well as centralized back-office services, enabling clinicians to devote more attention to serving their patients. The company centralizes the administrative functions for their practices, including human resources, payroll & benefits, accounting, vendor management, insurance, accounts receivable and IT. www.empiredentalarts.com
About Evolution Capital Partners
Evolution Capital Partners is a small-business private equity fund that invests capital nationwide in growing micro-market companies generating at least $500,000 of EBITDA. Since 2005, Evolution has specialized in helping entrepreneurial businesses transform into professionally run organizations by providing a strong foundation for profitable growth through its Five Fundamental methodology. As a team of investors, partners and employees, our primary passion and motivation is to inspire entrepreneurs and their small businesses to grow and thrive under any economic circumstances. www.evolutioncapitalpartners.com
SOURCE Evolution Capital Partners