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Cherry Tree Dental Enters Illinois with Acquisition of Richard Patelski Dentistry Practice
Wednesday 15 September 2021

Wisconsin, US-based general dentistry provider Cherry Tree Dental has acquired Chicago-area dental practice Richard Patelski DDS Family and General Dentistry to enter Illinois, the company said.

Terms of the transaction were not disclosed.

Dr. Patelski's practice has been serving the Downers Grove, Illinois community since 1981, offering general, implant and cosmetic dentistry.

Cherry Tree Dental, operating 33 locations in Wisconsin, and now Illinois, employs a proven acquisition and office consolidation strategy dedicated to small, one or two-dentist practices.

Offices are supported by a central corporate team that provides a variety of services including human resources, payroll, marketing, information technology, and other back-office functions.

In February 2021, ICV Partners, LLC, a leading investment firm in Miami, FL that focusses on lower middle market companies in business services, consumer goods and services, food and beverage, and healthcare, made a majority investment in Cherry Tree.
Date Published: 15/09/2021