CORDENTAL Group Announces Affiliation with Two Practices



Cincinnati, OH, April 5, 2022 – CORDENTAL Group® (“CORDENTAL”), a portfolio company of NMS Capital (“NMS”), has completed affiliations with two practices including, Gateway Dental Group in Des Moines, IA and Barry R. Liebman, DDS in St. Louis, MO.  

Dr. Barry Liebman, whose office was located across from CORDENTAL’s existing affiliate, Boain Dental Care South County in St. Louis has merged his practice with Boain Dental Care and has transitioned his patients to the Lemay Ferry Rd. location. “Because our Boain Dental Care office was so close to Dr. Leibman’s office we were confident merging his patients into our South County office would be a seamless transition offering his patients the exceptional care they had come to expect as well as expanded services,” says Steven Jones, D.Ph., MBA, Co-Founder and Chief Operating Officer of CORDENTAL. 

Gateway Dental Group, led by Stephen J. Burds, DDS is the most recent of the two affiliations, closing March 31, 2022. The office, located in the heart of Des Moines, is a full-services dental practice offering general, cosmetic and restorative care, as well as specialized treatment for sleep apnea. “We are excited to welcome Dr. Burds, along with his associate, Grant McCauley, DDS to the CORDENTAL family,” said Jones. “Both are skilled and experienced dentists with outstanding reputations in the Des Moines area and we are confident they and their team at Gateway Dental Group are an excellent fit with our organization’s vision and values.”

The affiliations with Dr. Liebman and Gateway Dental Group marks a shift for CORDETNAL back into a growth strategy. “During the pandemic, developing new affiliations was put on hold in order to focus on weathering the COVID storm and our focus was on strengthening our existing affiliates and retaining patients,” said Dana Soper, Co-Founder and Chief Executive Officer of CORDENTAL. “We are pleased with where our organization is today and are confident we’re in a tremendous position as we continue to build a DSO organization of choice.” 


Based in Cincinnati, OH, CORDENTAL Group® is a dental support organization that provides business support services to affiliated dental practices across the Mid-Atlantic, Midwestern, and Southeastern United States. Founded upon strong guiding principles, CORDENTAL promotes a dentist-centric approach that allows dentists and their teams to concentrate on what they do best – provide the highest level of quality clinical care to their patients.

For additional information on CORDENTAL Group®, visit the Company’s website at:

About NMS Capital

NMS Capital is a New York headquartered private investment firm specializing in strategic equity investments and leveraged buyouts of lower middle market companies. The Firm was formed through the spin-out of a group of portfolio companies from the Goldman Sachs’ Merchant Banking Division. NMS focuses on companies headquartered in the U.S. poised to benefit from sustainable growth trends with particular concentration on companies in Healthcare Services and Business Services.

For additional information on NMS, visit the firm’s website at: