New dental service organization formed in western U.S.

Two experienced dental executives have joined with a San Francisco-based private equity firm to establish a new dental service organization (DSO) for the western U.S.

The DSO, known as OneSmile, will focus on acquiring existing dental practices and groups in the western U.S., according to the firm. The organization will be led by former executives of Smile Brands, Steven Bilt and Bradley E. Schmidt, who formed a partnership with private equity firm Gryphon Investors.

"We have known and worked with Steve and Brad for many years and we are excited to support these talented executives in building a dental platform once again," stated Nick Orum, Gryphon's president, in a press release. "Gryphon has a long track record of backing professional executive partners and teams with resources to build leading businesses through both acquisition and organic growth."