DCA Investment Holding LLC, one of the largest multi-branded dental support organizations in the U.S., announced today it has appointed Jerome Rhodes as its new Chief Executive Officer. Mr. Rhodes succeeds Mitch Olan, who will become Chairman of the Company. DCA is a portfolio company of New York-based private equity firm Harvest Partners, LP.
DCA provides a broad spectrum of back office business support to 157 affiliated dental practices with 618 dentists in 13 states. DCA-affiliated general and specialty dentists treat patients of all ages and socioeconomic status in state-of-the-art facilities.
Mr. Olan said, “We are delighted to welcome Jerry to DCA. As my responsibilities become broader, I am pleased to hand over the day to day tasks of running the company’s operations and growth initiatives to Jerry, a person with a proven record of success, unquestioned integrity, and outstanding leadership ability.”
Mr. Rhodes has more than 35 years of experience in healthcare and the last 25 years focused on behavioral healthcare. Prior to joining DCA, he spent eight and a half years with CRC Health Group, most recently as CEO. Prior to that, he was CEO of Comprehensive Addiction Programs for more than 10 years. Under his leadership, CAPs became a recognized national provider of addiction treatment services. CAPs developed products and capabilities now widely copied in the field. Since leaving CRC, Jerry has served on several boards, including two years on the Board of DCA.
Mr. Rhodes commented, “I am pleased to join DCA’s accomplished leadership team and have the resources of Harvest Partners at our disposal as we guide the Company through the next phase of its evolution. This is an exciting opportunity to lead one of the top dental service organizations in the country.”
Craig Abramowitz, a member of DCA’s board, added, “Jerry’s deep experience in building a category-leading behavioral health company with broad geographic reach will serve DCA well as we scale our business.”
About DCA
DCA (www.dentalcarealliance.com) is one of the largest multi-branded dental support organizations in the U.S. The company, founded in 1991 and headquartered in Sarasota, FL, supports a network of 157 practices across 13 states in the Midwest, Mid-Atlantic and Southeast U.S. DCA-affiliated practices provide a full suite of dental services, including general dentistry, hygiene, pediatric dentistry, orthodontics, endodontics, periodontics and oral surgery.
About Harvest Partners
Founded in 1981, Harvest Partners is a leading New York-based private equity investment firm that pursues management buyouts and recapitalizations of middle market companies in North America. Harvest focuses on acquiring profitable companies in the business services, consumer, healthcare services, and industrial sectors. This strategy leverages Harvest Partners’ 35+ years of experience in financing organic and acquisition-oriented growth companies. For more information, visit www.harvestpartners.com.
