BlackRock Long Term Private Capital, a private equity firm, has purchased a majority interest in Paradigm Oral Health, an oral surgery and digital dentistry company.
According to Paradigm, the company has developed a model designed to retain best-in-class surgeons who are focused on delivering high-quality oral health care and dental implant surgery combined with a medically-driven, patient-friendly culture. LTPC will partner with Paradigm’s executive leadership team to support the company’s expansion and strategic growth plans.
“We are pleased to invest in Paradigm, which has established itself as an industry-defining platform for the development and delivery of next-generation oral health solutions,” comments Colm Lanigan, head of BlackRock LTPC, Americas. “Through its focus on providing superior clinical care, advanced technology, and continued training and education to its surgeon partners, the company is well positioned for long-term growth. We look forward to partnering with Dr. David Rallis and the entire Paradigm team.”
Houlihan Lokey acted as financial advisor and Goodwin Procter acted as legal advisor to Paradigm. Simpson Thacher acted as legal advisor to Blackrock LTPC.