Offel is a strategic addition to the Board of Directors as the Company enters its next phase of growth
CHICAGO, November 7, 2022 – Great Lakes Dental Partners (“GLDP” or “the Company”), today announced the appointment of Kevin Offel as Lead Independent Director of its Board of Directors. As Lead Independent Director, Offel will provide leadership to the independent directors, liaise with GLDP CEO Jeff McCall on behalf of the independent directors and advise the board on a variety of matters.
Backed by Shore Capital Partners (“Shore” or “Shore Capital”), a Chicago-based private equity firm focused on microcap investing, GLDP provides dental practice management services to 35+ partner locations, delivering best-in-class support in operations, recruiting, technology, marketing, and collaboration among clinicians.
Offel has more than 20 years of healthcare services experience and has served on three other Shore portfolio company Boards – EyeSouth Partners, Strongpoint Partners and Specialdocs Consultants. His most recent executive role was President and CEO of Centennial Hospice, a privately held hospice services provider based in Oklahoma City sold in 2020 to Traditions Health. Offel possesses broad multi-site healthcare experience, including significant dental expertise as the former President and CEO of My Dentist. At My Dentist, Offel oversaw significant growth, doubling revenue and expanding the provider base to over 110 dentists and 70 hygienists across 55 locations in five states. In addition to several other senior executive roles, Offel served as an Army Blackhawk helicopter pilot in multiple key leadership positions and is currently serving as a Civilian Aide to the Secretary of the Army for Oklahoma.
Offel succeeds Michael Burcham as Lead Independent Director. Burcham has assumed the role of Chief of Strategy and Talent Development at Shore and will remain on the GLDP Board.
“We are very pleased to announce Kevin’s appointment as our next Lead Independent Director,” said McCall. “Kevin’s years of experience, including multiple C-Suite and Board roles, will be critical as we embark on our exciting next several years of growth and further our mission of providing best-in-class support to our providers so that they can do their best dentistry for each and every patient. On behalf of the Board of Directors, I would also like to thank Michael for his leadership over the past several years, and we look forward to continuing to partner with him as he remains on the Board.”
“I am honored to have the opportunity to succeed Michael and join Great Lakes Dental Partners as Lead Independent Director,” said Offel. “I look forward to partnering with Jeff, the Company’s experienced management team and Board of Directors to advance the growing network of dental practice locations within GLDP’s portfolio. We see great growth opportunities ahead for GLDP, and we are confident in our position to continue capturing leading market share throughout the Midwest.”
In 2022, GLDP added Premier Dental Group, Associates for Dental Care, Signature Dental Group and Rochester Dental Center to its network of affiliated practices, growing its footprint and reach in the Midwest. The Company currently has locations throughout Illinois and Indiana and expects to acquire additional practices before the end of the year. GLDP is focused on driving sustainable growth, profitability and long-term success.
“The addition of Kevin to the Board of Directors is a strategic next step as GLDP continues to welcome more leading dental offices to its network,” said Chris Mioton, Member of the Great Lakes Dental Partners Board and Partner at Shore. “Shore looks forward to continuing to partner with GLDP to provide resources that will enable the Company’s next phase of growth as a premier dental support organization.”
About Great Lakes Dental Partners
Great Lakes Dental Partners is a dental support organization (DSO) committed to offering dentists and dental specialists the opportunity to focus on the clinical aspects of dentistry, providing exceptional care for every patient. With a centrally located support center, operational best practices, access to the latest dental technology, and a best-in-class continuing education program, GLDP is dedicated to advancing dental healthcare in the Midwest. For more information and a list of clinic locations, please visit: www.greatlakesdentalpartners.com.
About Shore Capital Partners
Shore Capital Partners, a Chicago-based private equity firm with offices in Nashville, is focused on microcap investments within the Healthcare, Food and Beverage, Business Services, and Real Estate industries. Shore supports management partners with capital, business development expertise, and industry knowledge to accelerate growth, fund acquisitions, and generate value for shareholders. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant growth potential, including organic growth and growth through industry consolidation. Shore has approximately $3 billion of cumulative capital commitments through various investment vehicles. For more information, please visit: www.shorecp.com.
Great Lakes Dental Partners
Shore Capital Partners
Jordan Niezelski, Edelman Smithfield