Skytale is pleased to announce that it acted as the exclusive it served as the exclusive financial advisor to MFD Dental on their strategic partnership with Smile Partners USA, a leading DSO platform.
About The Partnership
This partnership marks an important milestone for both companies in their next phase of growth with MFD receiving additional resources, infrastructure, and strategic support to continue to lead the communities they serve while building upon the foundation they have created in Massachusetts over the past 10 years. The partnership for Smile Partners represents an opportunity to expand into a new state and strengthen its national presence while continuing to partner with an outstanding clinician group that shares in the values Smile Partners strives to achieve daily in all its practices.
Leadership Comments
“It has been special to work alongside the MFD team on the consulting side of Skytale for the past five years and seeing the amount of energy put into ensuring focus remains on company culture and patient experience as the business continued to scale to the significant platform it is today. Having the opportunity to continue that partnership through Skytale Investment Banking made this transaction all the more meaningful,” said James Turcott of Skytale Group. “It was our honor as a firm to guide Dr. Steve Markowitz and his team through this process, and we are excited to see how the partnership with Smile Partners can take the business to new heights.”
“I had the privilege of working with the Skytale team throughout the transition of my business,” said Dr. Steve Markowitz, Founder and CEO of MFD Dental. “The emotional rollercoaster that comes with selling your family business was handled with a level of care, attention, and dedication that I would only entrust to Skytale. I had many offers and opportunities presented and was provided the proper guidance to be assured my patients, team and legacy would be in the best hands. For that, I am forever grateful.”
Smile Partners also showed their excitement around the partnership: “MFD has built an outstanding reputation for patient centered care and strong community presence across their markets, led by Dr. Steve Markowitz and terrific group of partner doctors including Dr. Daniel Coleman, Dr. Brendan Curley, Dr. Stephen Comstock, Dr. Kyle Coppola, Dr. Jessica Ristuccia and Dr. Colin Pedersen,” said David Gaspar, CEO of Smile Partners USA.
Transaction Overview
This transaction reflects Skytale’s deep-rooted expertise in the dental space and its disciplined, process-driven approach to delivering outcomes for the platforms it advises. From first conversation to close, the firm brings the sector knowledge and transactional rigor that founders, clinicians, and investors need to navigate today’s dynamic dental landscape.
Skytale Director, Miguel Mireles; Partner, James Turcott; Vice President, James Wimpress and Senior Analyst, Jake Martin led the transaction on behalf of MFD Dental.
Legal advisory was performed by the Croke, Fairchild, Duarte & Beres team.