Sentinel sells portfolio company ReachOut Healthcare America

Transaction Caps Third Highly Successful Investment in the Dental Services Industry

NEW YORK, December 29, 2010 - Sentinel Capital Partners, a private equity firm that invests in promising, lower middle market companies, today announced the sale of ReachOut Healthcare America, the nation's leading provider of administrative support services to affiliated dentists in the mobile dental industry. Based in Phoenix, AZ, ReachOut's mission is to facilitate and support access to oral healthcare for underserved patient populations in the U.S. The terms of the transaction were not disclosed.

Through its affiliated dentists, ReachOut provides a complete array of diagnostic, preventative, restorative, prosthodontic, and periodontal dental services to underserved children in schools and foster programs, the aged and disabled in residential facilities, and to US Army National Guard units throughout the country. Sentinel made its initial investment in ReachOut in 2007 in partnership with ReachOut's two founding entrepreneurs. In 2008, ReachOut acquired its largest competitor, Mobile Dentists, also in partnership with its two founding entrepreneurs, to form the nation's clear leader in mobile dental services. In early 2010, Reachout further strengthened its leadership position by acquiring Help A Child Smile, the largest mobile dental services provider in the state of Georgia. Today, ReachOut operates in 25 states and provides dental care to more than 425,000 underprivileged children, seniors, and military personnel each year.

"It has been extremely rewarding to work with the ReachOut and Mobile Dentists management teams," said David Lobel, managing partner at Sentinel. "ReachOut is now firmly established as a powerful growth platform that delivers critical dental care to large and underserved segments of the population. We are proud to be affiliated with a business that not only has done well for its investors, but also provides a greatly needed healthcare service."

"While we had several excellent choices when we originally sold our business, we chose Sentinel because of their deep experience in the dental services industry as well as proven history of partnering with entrepreneurs to grow businesses," said Michael Howell and Dan Goldsmith, co-founders of ReachOut Healthcare America. "Sentinel has brought significant dental resources to ReachOut that have helped us accelerate our growth."

Added Dr. Marcy Borofsky and Dr. Margo Woll, co-founders of Mobile Dentists, "Sentinel has demonstrated the ability to work constructively with two sets of founding entrepreneurs and has provided us the direction and support necessary to continue growing rapidly, both organically and through acquisitions."

"We wish ReachOut and its team great success in their next phase of growth," said Paul Murphy, a partner at Sentinel. "We have enjoyed the partnership with the four co-founders, and ReachOut is truly a special enterprise. As for Sentinel, we are fortunate to have enjoyed considerable success investing in the dental industry and will continue to seek new dental investment opportunities in the future."

In addition to ReachOut, Sentinel's history of successful investments in dental services companies includes Castle Dental Centers, Inc., a leading dental services provider sold to Bright Now! Dental, Inc. in 2004, and Metro Dentalcare, a regional multi-specialty dental group sold to American Dental Partners, Inc. (NASDAQ:ADPI) in 2007. Sentinel has also invested in other healthcare-related businesses including Interim Healthcare, the nation's largest provider of home nursing services; Massage Envy, the nation's largest provider of therapeutic massage services; and Strategic Partners, a leading supplier of medical uniforms.