Founded in 2018 and headquartered in Fort Worth, Texas, Five Point Dental Specialists is a multi-specialty Dental Support Organization (“DSO”) with practice specialties in orthodontics, oral surgery, pediatric dentistry, and endodontics.
Pittsburgh, PA (February 12, 2024) – Tecum Capital (“Tecum”) is excited to announce its investment in Five Point Dental Specialists (“FPDS”).
Founded in 2018 and headquartered in Fort Worth, Texas, FPDS is a multi-specialty Dental Support Organization (“DSO”) with practice specialties in orthodontics, oral surgery, pediatric dentistry, and endodontics. The Company supports partner specialists with corporate activities (HR, compliance, IT, finance, legal, training/development, marketing, etc.), ultimately reducing administrative burden and allowing doctors to focus on providing the highest quality patient care.
Tecum, alongside Hilltop Opportunity Partners (“Hilltop”), provided capital to support the growth of the Company led by Casla Partners, the founders, and the management team.
Stephen Gurgovits, Jr., Managing Partner of Tecum, stated, “Five Point Dental Specialists value proposition allows dentists to focus solely on patient care, which has resulted in excellent patient satisfaction, retention, and enhanced brand recognition. Tecum is excited to partner with Casla, Dr. Lustig, and Dr. Young, who all have contributed to the impressive culture and growth at FPDS.” Matt Harnett, Partner of Tecum, commented, “We’re grateful that Hilltop chose to partner with Tecum on this investment, providing an opportunity to add Five Point Dental Specialists to our healthcare portfolio. We look forward to both this and future partnerships with Hilltop.”
Dr. Jeremy Lustig, co-founder, added, “FPDS is excited to partner with Tecum and Hilltop in our next phase of growth. With the financial and operational support from the investor group, FPDS will be able to capitalize on our many growth initiatives while maintaining the customer-focused culture we have built.”
Matt Harnett, Paul Oris, and Zac Forsyth led the investment team at Tecum.
About Tecum Capital
Tecum Capital is a Pittsburgh, Pennsylvania-based private investment firm deploying capital in lower middle-market companies. Tecum provides mezzanine debt and equity investments in growth-oriented middle-market companies across the broader high-value manufacturing, value-added distribution, and business services sectors. Our team partners with independent sponsors, family offices, committed funds, business owners seeking succession plans, and management teams to create shared success. Tecum manages two Small Business Investment Company (“SBIC”) licensed funds and is currently investing out of Tecum Capital Partners III, L.P, a $305 million fund launched in September 2021. Since 2006, the team has collectively invested more than $1 billion in over 150 platforms and add-on acquisitions. For more information, please visit www.tecum.com.
About Hilltop Opportunity Partners
Hilltop Opportunity Partners is the merchant banking division of Hilltop Holdings (NYSE: HTH). Hilltop utilizes Hilltop Holdings’ excess capital to provide lower middle-market companies with tailored and flexible solutions to meet a variety of capital needs. Hilltop’s investments can be structured both as long-term or short-term, non-control investments in companies facing an inflection point and seeking capital and strategic resources. For more information, please visit www.hilltop-holdings.com/hop.
About Casla Partners
Casla Partners is an investment firm focused on private equity and debt investments primarily in North American middle-market companies. The firm seeks to create long-term value for its investors and generate superior risk-adjusted returns by building sustainable success for its portfolio companies through a disciplined approach to positive change alongside proven management teams.