On the deal, Eric Korsten, senior managing director at Branford Castle, said in a statement, “We are excited to partner with Ray and the entire Eastern Dental team. For over a decade, we have seen attractive opportunities for growth in the dental services market. We believe that the company’s leading and highly established position in New Jersey, along with its diverse mix of general and specialized dentistry services, make it a terrific platform for growth.”

Branford Castle was advised by its legal counsel, Akerman LLP, and RSM served as its accounting/tax advisor. Staple Street Capital and Eastern Dental were advised by Weil, Gotshal & Manges LLP and Polsinelli as legal counsel.

Lincoln International LLC acted as financial advisor to Staple Street Capital in connection with the sale of Eastern Dental, its portfolio company. Siguler Guff & Company is providing unitranche debt capital and equity for the transaction.

Branford Castle is focused on lower middle-market investments.