logo
logo

Cathay Capital Announces Investment In Parkview Dental Partners

Nov 06, 2023•over 1 year ago
SarasotaHealth Care

Investors

Cathay's Growth Private Equity FundCathay Capital

Description

Private equity firm Cathay Capital announced today that it has invested in dental service organization (DSO) Parkview Dental Partners. This investment is the inaugural North American investment from Cathay's Growth Private Equity Fund (Small Cap IV), which announced a final close in June 2023. Cathay's investment, in partnership with Parkview's management team, will accelerate the Company's expansion in Florida's $9 billion dental services market.

Company Information

Company

Parkview Dental Partners

Location

Sarasota, Florida, United States

About

Founded in 2018, Sarasota-based Parkview currently manages 22 dental practices that provide both general dentistry and specialty dental services. The company operates in the dynamic Southwest Florida market, characterized by population growth at 3x the national average, an aging population with higher dental care needs, and robust GDP growth.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People