The Full form of BDMS is Birner Dental Management Services. BDMS is a publicly traded dental support organization (“DSO”), has been acquired by Mid-Atlantic Dental Service Holdings LLC, operating as Mid-Atlantic Dental Partners (“Mid-Atlantic”). Founded in 2016, Mid-Atlantic offers dentists a DSO model that supports dental professionals by providing financial, marketing, practice information and other business services so dentists can focus on delivering the highest quality care to their patients. Under the terms of the agreement, all outstanding shares of Birner were purchased for a combination of $10.62 in cash and an additional $0.13 per share cash payment entitled under certain circumstances following the closing of the transaction. The total consideration represents more than a 100% premium to Birner’s closing share price the day before the transaction announcement on October 3. Birner Dental Management Services, the only publicly traded DSO in the United States, was founded in 1995 and operates more than 65 dental practice affiliates throughout Arizona, Colorado, and New Mexico under the PERFECT TEETH brand name. The company supports more than 100 dentists and 70 hygiene professionals. Birner will continue to be based in Denver, Colorado and do business under the existing brand name. Cain Brothers served as exclusive financial advisor to Birner’s board of directors in connection with the transaction.
BDMS Full Form, What is the Full form of BDMS?
