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DECA Dental Completes First Acquisition Outside Texas; Actively Pursuing Acquisitions in New Geographies

Blue Sea Capital LLC (“Blue Sea”) announced that its portfolio company, Deca Dental Holdings LLC (“Deca Dental” or the “Company”) has acquired Bright Smiles of Coral Springs (“Bright Smiles”), representing the Company’s first strategic expansion outside the state of Texas.

Based in Coral Springs, Florida, Bright Smiles is a leading dental services organization in the south Florida market. Following the transaction, the Company will continue to provide dental services to new and existing patients under the Bright Smiles brand.

“The addition of Bright Smiles to the Deca Dental platform represents our first foray outside the Texas market. We look forward to working closely with Dr. Coussa and his team and continuing the organization’s success, while providing additional resources to further enhance patients’ experience and service levels,” said Dr. Sulman Ahmed, Founder and Chief Executive Officer of Deca Dental. “We are excited to enter the Florida market and we continue to seek strategic acquisitions and partnerships in attractive geographies to supplement our de novo growth strategy. Bright Smiles serves as an excellent case study for future potential partnerships – a local market leader with a strong clinician and team, serving a commercially-oriented patient panel.”

“We look forward to providing our patients with the same level of exceptional care to which they’re accustomed,” remarked Joshua Coussa, DMD. “By joining the Deca Dental family, we gain the benefits and support of a leading dental services organization and, as a result, our patients will now have access to an expanded offering of dental services.”

J.R. Davis, Partner at Blue Sea, added, “The Bright Smiles partnership highlights Deca’s proven ability to successfully complement its de novo growth strategy with acquisitions, which collectively represent ~10% of Deca’s new office growth since our partnership with Dr. Ahmed and his team in 2015. We continue to view acquisitions as an attractive growth lever to supplement our organic, de novo growth strategy and we look forward to partnering with other like-minded clinician-founders in the future.”

About Deca Dental
Founded in 2008 and headquartered in Dallas, Texas, Deca Dental (www.decadental.com) is a leading dental services organization that supports dentists in providing a comprehensive suite of services, including general, orthodontic, surgical, cosmetic and restorative dental treatments, across more than 80 affiliated practices in Texas and Florida.

Blue Sea Capital is a private equity firm based in West Palm Beach, Florida that invests in growth-oriented lower middle market companies valued up to $300 million. The firm has over $1.4 billion in assets under management and invests across three industry verticals: aerospace & defense, healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and differentiated companies, typically as the first or second institutional investor, and deliver strategic and operational value-add that drives growth acceleration, industry outperformance and business transformation.

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