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Gryphon Investors-backed Smile Brands invests in DecisionOne Dental Partners

Smile Brands Group Inc. provided a strategic investment of an undisclosed sum to fellow dental-support organization DecisionOne Dental Partners.

The fresh capital will support the growth initiatives of Schaumburg, Ill.-based DecisionOne, as well as its acquisition strategies in Chicago and neighboring states. Its management team will continue to lead the organization.

Smile Brands Group, based in Irvine, Calif., has been a portfolio company of middle-market private equity firm Gryphon Investors since August 2016.