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Teeth exchange.


Santa Ana-based Bright Now Dental Inc., a dental practice Noun 1. dental practice - the practice of dentistry
practice - the exercise of a profession; "the practice of the law"; "I took over his practice when he retired"
 management company, has traded hands between private equity firms.

San Francisco's Gryphon Investors Inc. sold its majority stake in Bright Now to Freeman Spogli & Co. of Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. . The companies didn't disclose terms.

Bright Now, which operates dental offices and provides business support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  to those offices, counts yearly sales of about $350 million, up from $30 million in 1998, when Gryphon bought a controlling stake.

Bright Now has boosted its market share through a pair of acquisitions in the past couple of years. In 2003, it bought Monarch Dental Corp., a Dallas-based company that provided business support services for dentists Dentists can refer to one of the following:
  • Practitioners of dentistry
  • The Dentists, a British band active in the 1980s and 1990s
, for about $11 million. Last year, Bright Now paid $53 million for Castle Dental Centers Inc., a Houston company with 73 offices in Texas, Florida, Tennessee and California.

--Orange County Business Journal
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Title Annotation:Bright Now Dental Inc
Author:Berry, Kate
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 6, 2005
Words:142
Previous Article:Managing data.(Wall Street West)
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