Dental Services Cos. Honored As Job Creators

Four dental services companies started 2013 with something to Smile about.... inclusion on the 2012  Inc. Magazine's Hire Power Award List.  The inaugural list spotlights businesses doing their part to rebuild the US economy as it ranked for-profit and nonprofit companies on the number of new jobs added from 2008-2011.

Pacific Dental Services and Heartland Dental Care are featured among the top 10 Hire Power list honorees.  Joining them is Great Expressions Dental Centers and Smile Brands listed on the top third of the list.  According to Inc. president, Robert LaPointe, the list’s 100 companies accounted for 73,000 jobs that totaled $5B in tax revenue.

Inc. Hire Power Awards Ranking:

#4:     Pacific Dental Services  +1451 jobs

#6:     Heartland Dental Care  +1150 jobs

#25:   Great Expressions Dental Centers  +600 jobs

#31:   Smile Brands  +551 jobs

Hectic Fall for Heartland

Heartland Dental Care’s CEO, Richard Workman, is likely still smiling from a gratifying finish to 2012.    

After seeking a buyer in early September, the Ontario Teacher’s Pension Plan (Canada) agreed to buy a majority stake in Heartland Dental Care outbidding traditional buyout funds run by KKR, Madison Dearborn Partners and Apax Partners.  The estimated value of the deal is $1.3B.  Workman, together with management and employees retain a minority stake in the company.

Later in the Fall, Heartland with 370+ affiliated US dental practices was recognized on Inc. Magazine’s "Hire Power" Awards list – a salute to US job creating companies (within the last 3 years).  Heartland created 1,150 jobs. 

The Midwest-based company that provides leadership and support services to dentists  experienced a busy December.  Numerous practices were added to its affiliate list, most notably, Goldstein, Garber & Salama, LLC, an 83-year old Atlanta-based dental practice specializing in cosmetic dentistry.