TUSK Partners Advises Gendus Dental Partners in their Sale to Guardian Dentistry Partners

TUSK Partners (“TUSK”), the premier dental-focused M&A Advisor, advised Gendus Dental Partners in their sale to Guardian Dentistry Partners, a large and growing family-fund backed Dental Partnership Network (“DPN”).  The transaction was led by Kevin Cumbus, President of TUSK Partners. Alex Cherniavsky, and George May, spearheaded the diligence and analytics efforts for TUSK.

Gendus Dental Partners was Founded in 2015 with a vision of creating a business that would change as little as possible about successful practices and make them even better. Doctors Art Steineker, Bubba Waters, Darren Dillion, and David Lieux came together and forged an evolutionary group practice model that has provided top-level dental care to the greater Alabama area. With 7 locations spanning from the Florida Panhandle to Montgomery and Birmingham, Alabama, Gendus Dental Partners is the largest non-private equity-backed DSO in the state of Alabama.

Dr. Bubba Waters, Co-Founder of Gendus Dental Partners, commented, “We engaged TUSK Partners because of their experience and background in the dental industry- specifically mergers and acquisitions. Their team has an impressive track record in the representation of large and group practice owners across the U.S. The TUSK team provided a full commitment to our team, delivered a full Rolodex of highly attractive buyers, and managed a competitive sales process, all of which resulted in selecting a strong-fit partner and receiving an outstanding outcome for the shareholders of our business.”  Dr. Waters added, “The team at TUSK are all pro’s.  We had worked with another M&A advisor a couple of years back to help find a partner, but that work resulted in a much lower valuation and ultimately a failed process.  Not only did TUSK get the job done, they were able to increase our value by over 40% from the previous offer we had on the table.  We are so thankful for their them and their efforts as it resulted in a perfect partnership with Guardian Dentistry Partners.”

Kevin Cumbus, Founder and President of TUSK Partners added, “We could not be happier with the new partnership between Gendus and Guardian Dentistry Partners. Their expertise and commitment to their vision, community, patients, partners, and clinicians drove success throughout the organization. We believe that Guardian is the perfect fit on every level to echo Gendus’s success, and we believe this new partnership will allow Gendus Dental Partners to accelerate its growth and value creation in the future.” Kevin continues, “This transaction was personal for me as I grew up in Montgomery, AL and have known the founders of this business for many years and was actually a patient of Dr. Art Steniker’s. These guys at Gendus are all special. They care so much for their patients, team and dentists and it was an honor to serve them in this capacity.”

Mark Censoprano, President of Guardian Dentistry Partners, commented “Gendus Dental Partners has built an outstanding foundation of talent and operational excellence.” Danny Kawas, Guardian’s Managing Partner, added “We developed a robust and collaborative relationship with their leadership team, allowing us to articulate and support Gendus’s vision for future growth. We could not be more pleased with our new partnership and experience working with TUSK.”