ACQUIRED · 2021
Who Acquired Smile Doctors?
Thomas H. Lee Partners · $2.40B· 14.8× EBITDA
The acquisition
Smile Doctors was acquired by Thomas H. Lee Partners in 2021 for $2.40B. The deal was priced at 14.8× EBITDA.
Smile Doctors at time of acquisition
EBITDA
$162.5M
Deal value
$2.40B
EV / EBITDA
14.8×
Other acquisitions by Thomas H. Lee Partners
Recent transactions by the same buyer — useful for understanding their playbook and what they typically pay.
- Care Hospice · 2020 · $750.0M · 15.0× EBITDA
- Seniorlink, Inc. · 2020 · $400.0M · 20.0× EBITDA
Similar dental practice acquisitions
- 12 Dental Practices · acquired by DentalCorp in 2025 · $6.2M
- 8 Dental Practices · acquired by DentalCorp in 2025 · $3.0M
- Dentalcorp Holdings Ltd. · acquired by GTCR in 2025 · $2.40B
- Donte Group · acquired by Ontario Teachers' Pension Plan in 2025 · $1.17B
- Smile Design Dentistry · acquired by Heartland Dental in 2025 · $165.0M
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Sourced from Press reporting. Full deal page.
Citation: ExitValue.ai. (2021). Smile Doctors acquired by Thomas H. Lee Partners. https://exitvalue.ai/acquired/smile-doctors