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Spring & Sprout Enters Pennsylvania via Affiliation with Rich Orthodontics
Detroit, MI – February 22, 2016 – Huron Capital Partners LLC (“Huron Capital”) announced today that Philadelphia, PA-based Rich Orthodontics has become an affiliate of Michigan-based Spring & Sprout Dental Holdings, Inc. (“Spring & Sprout”), a Huron Capital portfolio company. This marks the second significant geographic expansion of the Spring & Sprout pediatric dental group in the past six months.
Spring & Sprout was founded in 2014 as a Huron Capital ExecFactor® partnership with CEO and dental industry veteran Michael Schwartz. Since that time, Spring & Sprout has completed seven affiliations in Michigan, Ohio, Tennessee, Texas, and now Pennsylvania.
“The addition of Rich Orthodontics continues Spring & Sprout’s geographic expansion, after having entered the Texas market in September,” said Michael Schwartz. “Now that we have entered Pennsylvania, we will turn our attention to entering other geographies by affiliation and pursuing opportunities for organic growth throughout the network.”
“With seven offices in the Philadelphia area, Rich Orthodontics is a meaningful addition to the Spring & Sprout platform,” said Nick Barker, Partner at Huron Capital. “We are excited to continue working with Michael and the team in our efforts to further expand the Spring & Sprout family of organizations.”
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
