Rene Sauerteig Appointed as Operating Partner and Board Member at Parkview Dental Partner by Cathay Capital

Cathay Capital Invests in Dental Growth Partnership Parkview Dental Partners

Cathay Capital, a global private equity and venture capital firm, has announced its investment in Parkview Dental Partners, a dental service organization based in Sarasota, Florida. This investment marks a significant step for Parkview as it continues to navigate opportunities for growth, international expansion, and sustainable transformation.

Founded by a dentist, Parkview is a dental growth and management partnership with a mission to support dentists who focus on providing clinically excellent care and a great patient experience. Currently managing 22 dental practices, Parkview is a valued addition to Cathay Capital's portfolio.

The dynamic Southwest Florida market where Parkview operates boasts population growth at three times the national average, an aging population with higher dental care needs, and robust GDP growth. This makes it an ideal location for a growing dental service organization like Parkview.

Rene Sauerteig, a healthcare industry veteran with over two decades of experience in executive leadership roles, has been appointed as an Operating Partner and to the board of directors of Parkview Dental Partners. Sauerteig, who has a track record of leading healthcare enterprises, including managing a team of over 3,000 members across 130+ clinics and a $300 million P&L as President and COO at Benevis, is expected to bring valuable expertise to Parkview.

In his new role, Sauerteig will support Parkview's existing management to steer the company's strategic planning process. He expressed excitement about joining Cathay Capital and contributing to Parkview's growth.

Mark Woods, Partner and Head of North American Private Equity at Cathay Capital, expressed enthusiasm about Sauerteig's appointment, saying, "Rene's exceptional leadership and experience in healthcare services are considered valuable for driving growth and value creation in Parkview."

Since 2019, Parkview has expanded from eight practices to 22 practices today, growing revenue at a 50% CAGR through organic initiatives and accretive acquisitions. The company prides itself on providing the highest level of operational support and opportunities for professional growth.

Cathay Capital manages more than $5.5 billion in assets and has made over 250 investments from offices in various global locations. The firm supports healthcare, technology, and consumer companies in their pursuit of growth and sustainable transformation.

For more information about Parkview Dental Partners, visit their website at www.parkviewdp.com. For more information about Cathay Capital, visit their official website.

Rene Sauerteig Appointed as Operating Partner and Board Member at Parkview Dental Partner by Cathay Capital