Cherry Tree Dental, a dental service organization based in Wisconsin and backed by ICV Partners LLC, has expanded into Minnesota with the acquisitions of Downtown Dental Associates and Robert J. Kingston, DDS in Minneapolis and Fairmont Family Dentistry, in Fairmont, MN.
Cherry Tree is a general dentistry provider deploying proven acquisition and office consolidation strategy with small, local practices. The firm operates over 40 locations throughout Wisconsin, Minnesota and Illinois. In February 2021, ICV Partners made a majority investment in the firm.
“We congratulate the Cherry Tree team on yet another growth milestone outside of Wisconsin,” said Qian Elmore, ICV managing director. “Cherry Tree continues to be well positioned to capitalize on shifting market dynamics as more dentists choose to transition from owning their own practices to focus on serving patients versus administrative activities.”