Rock Dental: Deals Keep Dake Smiling

Rock Dental Brands of Little Rock recently bought the group Arkansas Dentistry & Braces, and it’s not done buying. The dental group is acquiring another dental group that has seven or eight offices in Arkansas and Missouri, Merritt Dake, one of the founders of Rock Dental, told Arkansas Business last week. Dake declined to name the clinic, but said the deal should close by the end of the month. “And then after that, we’re going to take a little bit of a breather,” Dake said. “We feel pretty confident and comfortable in taking all of them on, but it’s always nice to have a few months of operating to ensure that we smooth out the processes before we take on more.” Rock Dental Brands — founded in 2012 by orthodontists Dake, his father, Mark Dake, and Bryan Hiller — now has a total of 58 locations, including 39 in Arkansas and Missouri. Most of the Arkansas and Missouri locations operate under the names Westrock Orthodontics, Leap Kids Pediatric Dental, Impact Oral Surgery and Rock Family Dental, and four clinics in northeast Arkansas will eventually be branded as Rock Dental. Smaller dental groups selling to larger practices has become a trend in the industry, but most dental practices in Arkansas are still operated by sole practitioners. Rock Dental’s acquisitions have fueled revenue growth. It brought in $8 million in 2014 and $30 million the following year. In 2016, Rock Dental Brands had $51 million in revenue, ...
Source: Arkansas Business - Health Care - Category: American Health Source Type: news