Cherry Tree continues to be well positioned to capitalize on shifting market dynamics as more dentists choose to transition from owning their own practices to focus on serving patients versus administrative activities.”Ĭherry Tree Dental is a Wisconsin-based dental practice management company that oversees the daily business operations of dental offices, allowing dentists to practice the art and science of dentistry without distraction. Qian Elmore, ICV Managing Director, stated, “We congratulate the Cherry Tree team on yet another growth milestone outside of Wisconsin. In February 2021, ICV Partners, LLC, a leading investment firm in Miami, FL that focuses on lower middle market companies in business services, consumer goods & services, food & beverage, and healthcare, made a majority investment in Cherry Tree, in partnership with Co-CEOs Steve Sorrel and Jack Young. The company continues to attract exceptional dentists and first-class practices to join the partnership and is poised for an even more successful year in 2022. We’re excited about how our footprint has rapidly expanded, but we are even more thrilled about the type of partnerships we’ve solidified.” “We’re honored to enter the Minnesota market with these like-minded groups that each have so much potential. “We’re delighted to welcome three practices operating at the top of their game into our family, enabling us to expand into our third state,” said Cherry Tree’s co-CEO, Jack Young. Founded in 2006 and based in Madison, Cherry Tree is the one of the largest general dentistry providers in Wisconsin, operating over 40 locations throughout Wisconsin, Minnesota, and northern Illinois.Īs part of Cherry Tree’s cohesive corporate entity, 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. Kingston, DDS in Minneapolis and Fairmont Family Dentistry, in Fairmont, MN.Ĭherry Tree Dental is a leading general dentistry provider in the Midwest that employs a proven acquisition and office consolidation strategy dedicated to small, local dentistry practices. Cherry Tree Dental (Cherry Tree), a leading dental service organization based in Wisconsin, has announced its expansion into Minnesota with the recent acquisitions of Downtown Dental Associates and Robert J.
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