Marriott & Co. Serves as Exclusive Financial Advisor to Triangle Pediatric Dentistry
Richmond, Va. — Marriott & Co., a premier middle market investment banking firm based in Richmond, VA, is pleased to announce that it served as the exclusive financial advisor to Triangle Pediatric Dentistry (“Triangle” or the “Company”) in its long-term management arrangement with Lightwave, a high-growth dental leadership organization headquartered in Woodbridge, VA. Lightwave is a portfolio company of Alpine Investors, a private equity investment firm based in San Francisco, CA. The transaction closed on January 6, 2023. Terms of the transaction were not disclosed.
Based in Wake Forest, NC, Triangle is a leading pediatric dentistry provider led by Dr. Buddy Hollowell and Dr. Allen Porter. Both Dr. Hollowell and Dr. Porter will remain in their roles with the Company under the new partnership with Lightwave.
“Marriott & Co. did an outstanding job of managing this process of finding a great partner for us and our practice,” said Dr. Buddy Hollowell. “They were hands on and had a great attention to detail every step of the way. I am extremely excited about our new partnership with Lightwave and believe they will greatly help us in the continued growth of our practice.”
“We truly enjoyed working with Dr. Hollowell and Dr. Porter throughout this process,” said Justin Marriott, Managing Director of Marriott & Co. “We believe this is a fantastic outcome for all parties, and we were happy to play a role in making it happen.”
About Triangle Pediatric Dentistry:
Triangle Pediatric Dentistry is a leading pediatric dentistry services provider in the greater Raleigh, NC area. With an office in Wake Forest, NC, Triangle is led by its two pediatric dentists, Dr. Buddy Hollowell and Dr. Allen Porter. For more information, please visit www.trianglepediatricdentistry.com.
Founded in 2016, Lightwave is a high-growth company building the group model for the future of the dental industry. Lightwave is passionate about doing things the right way with a tight focus on high quality, core values, and taking care of their people. As a dental leadership organization, Lightwave focuses on partnering, training, and developing dentists as the natural leaders of the dental practice. The company helps dentists launch their careers, supports dentists leading high-growth dental groups, and assists doctors looking to establish their legacy as they transition into retirement. Lightwave is solving the big problems in dentistry: retirement, management, reimbursements, and partnership by providing the benefits of a group while preserving the essence of private practice. Lightwave currently supports 80 dental offices in 4 states with 210 full-time dentists and over 1,500 active employees. For additional information, please visit (www.lightwavedental.com). Follow us on LinkedIn, Facebook, and Instagram.
About Marriott & Co.:
Headquartered in Richmond, VA, Marriott & Co. (www.marriott-co.com) is a premier, independent boutique investment banking firm focused on advising privately-held companies across a wide variety of industries. The firm provides merger and acquisition advisory and capital raising services primarily to family-held businesses and entrepreneurial business owners in the middle market. Marriott & Co.’s unique entrepreneurial culture enables the firm to tailor its services to meet the needs of its clients, and the firm’s professionals have an unparalleled understanding of the challenges and opportunities facing these companies and their owners today. By delivering senior banker attention, a high-touch approach to client service and best-in-class process execution to every assignment it undertakes, Marriott & Co. has established a long track record of closing successful transactions for clients all over the U.S.
Contact: Justin Marriott
Phone: (804) 344-0952