Ropes & Gray Represents Audax Private Equity in Strategic Investment in Mosaic Dental Collective

In The News
March 28, 2023

Ropes & Gray advised Audax Private Equity, a leading alternative investment manager and capital partner for North American middle market companies, in an investment in Mosaic Dental Collective, a leading dental services organization (DSO) supporting 49 affiliated dental offices in California and Washington, with a differentiated dentist-led DSO model. Financial terms of the transaction were not disclosed. The partnership was announced on March 28 in a press release.

Audax is an experienced investor in healthcare, having acquired over 30 platforms in the sector and more than 450 add-ons. The firm’s expertise, particularly in healthcare services, helped position Audax as a preferred partner as Mosaic looks to accelerate growth.

The Ropes & Gray team was led by private equity partner Adam Leamon, and included health care partner Christina Bergeron, tax partner Pam Glazier, finance partner Michael Lee and employment & benefits partners Megan Bisk and Jenny Rikoski.