BlackRock Long Term Private Capital acquired a majority stake in Paradigm Oral Health from InTandem Capital Partners, valuing the oral surgery company north of $900 million, sources tell Axios.
Why it matters: The traditional DSO universe (ie. those focused on general cleanings and orthodontics) is well-charted territory for private equity, but oral surgery is much earlier on in its life cycle. Paradigm is one of few assets of scale positioned to consolidate the space as dental implant adoption accelerates.