Cincinnati, OH and Broomall, PA, January 27, 2025 – CORDENTAL Group® (“CORDENTAL”), a portfolio company of NMS Capital (“NMS”), announced today that it has formed a partnership with Robert Spennato, DMD and Daniel Tibbetts, DMD of Williamsburg Dental in Broomall (Philadelphia), PA. Founded in 1977, Williamsburg Dental is a premier dental practice in Delaware County that offers a wide array of services, including general, cosmetic, and restorative dentistry, as well as specialized treatments such as sedation dentistry, implants, endodontics, and sleep apnea treatment. Concurrently with the partnership between CORDENTAL and Drs. Spennato and Tibbetts, the two associate doctors, Jarred Gettes, DMD and Alexa Spennato, DMD, became partners in the practice as well.
Steven Jones, Co-Founder & Chief Growth Officer of CORDENTAL said “We are excited to form this partnership with these doctors. Their commitment to delivering the highest level of service is deeply ingrained in their culture and commitment to exceptional patient care, which aligns with CORDENTAL’s culture and values. We look forward to expanding together by adding additional services and locations to the Williamsburg Dental family while maintaining their deep-rooted company culture and brand identity.” Dana Soper, Co-Founder and Executive Board Member added “I knew the first time we met it was destined to be a great relationship!” “We are thrilled to welcome Williamsburg Dental into the CORDENTAL family and look forward to our new partnership,” said Len Schiavone, CORDENTAL’s CEO. “Williamsburg Dental embodies our core values, specifically built on a strong foundation of clinical and service excellence. We look forward to future growth with our partners.”
“I am thrilled to partner with CORDENTAL. It is wonderful to work with a group that embodies the same values, commitment to patient quality and commitment to excellence that Williamsburg Dental has strived for over the past 35+ years,” commented Robert Spennato, DMD. He continued saying “I look forward to our partnership which will enable us to grow and continue to serve our patients in the manner with which we have prided ourselves on and they have become accustomed to.”
Daniel Tibbetts, DMD said “We are so excited to partner with CORDENTAL to help accelerate the growth of our practice while staying true to our core values of exceptional patient care and a strong, supportive culture. This collaboration will empower us to enhance our services, expand our reach, and continue building lasting relationships with our patients, all while maintaining the personal touch and commitment that define our practice.” Westcove Partners, LLC (“Westcove”) acted as the exclusive financial advisor to Williamsburg Dental in its partnership with CORDENTAL. The Westcove deal team included Abe M’Bodj, Director; Bill Bolding, Vice President; and Amr Baumy, Analyst.
About CORDENTAL
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 www.cordentalgroup.com.
Follow CORDENTAL on www.linkedin.com/company.cordental-group.
About NMS Capital
Founded in 2010, NMS Capital is an experienced private equity firm managing assets in excess of $1.5 billion. Since inception, NMS has partnered with management teams in over 115 investments and follow-on acquisitions across defined investment themes within the Business Services and Healthcare Services industries. The firm’s principal strategy is to create long-term value by providing strategic and operational resources to growth-oriented companies led by founders or experienced management teams. NMS has successfully built industry leading lower middle market companies in defensible and scalable end markets by accelerating organic and acquisition-driven growth.
For additional information on NMS, visit the firm’s website at www.nms-capital.com. Follow NMS Capital on www.linkedin.com/company/nms-capital.
About Westcove Partners
Westcove Partners is a leading healthcare-focused investment bank that specializes in advising its clients through mergers and acquisitions, debt and equity financings, and other complex corporate finance transactions. The team focuses on founder-operated businesses and seeks to curate its advisory services according to the intricacies of these types of businesses.
For additional information on Westcove, visit the firm’s website at www.westcove.com. Follow Westcove Partners at www.linkedin.com/company/westcove-partners.
Contacts:
Steven Jones
Co-Founder and Chief Growth Officer
CORDENTAL Group®
(513) 609-4115
[email protected]
David M. Peterson
Partner
NMS Capital
(212) 422-7099
[email protected]
Abe M’Bodj
Director
Westcove Partners
(410) 202-6750
[email protected]