Mid-Atlantic Topco LLC, operating as Mid-Atlantic Dental Partners, has acquired DentalOne Partners from Dental Investments, LLC.

Under the terms of the agreement, Mid-Atlantic Dental Partners, a dental support organization dedicated to improving the delivery of dental services for dentists and their patients and a portfolio company of S.C. Goldman & Co. LLC, acquired the equity of DentalOne’s operating subsidiaries in an all-cash deal.

DentalOne is said to be one of the first and largest DSOs nationally with approximately 150 affiliated offices across 13 states and 27 markets. The acquisition will increase Mid-Atlantic Dental Partners affiliated offices to more than 240 operating in 18 states.

“This acquisition allows us to further transform Mid-Atlantic Dental Partners into a nationally recognized DSO. We’re proud of the positive impact we’ve made in the dental industry in just three years and look forward to continuing that success with DentalOne Partners,” said Mid-Atlantic Dental Partners CEO Mitchell Goldman.

Houlihan Lokey served as the exclusive financial adviser to DentalOne. Morgan, Lewis & Bockius LLP advised DentalOne in the transaction. Duane Morris LLP and Waller Lansden Dortch & Davis served as legal advisers to Mid-Atlantic Dental Partners. In addition, Pricewaterhouse Coopers, LLP, KPMG LLP and The Berkley Group, LLC served as advisers to Mid-Atlantic Dental Partners on the transaction. Debt financing for the transaction was provided by CRG, L.P.