Thurston Group

Thurston Group, established in 1986 in Chicago by Patrick J. Haynes, III, is a private equity firm that focuses on investments primarily in the healthcare and business services sectors. Over the years, the firm has shifted its strategy from advisory services to a growth-oriented investment approach. This strategy emphasizes acquiring and developing businesses with a commitment to operational excellence, aiming to provide high-quality outcomes for customers while generating long-term value for investors.

Patrick English

Principal

Dana Fender

Partner

Thomas J. Friedman

Operating Partner

Dana C. Hayes III

Vice President

Patrick J. Haynes

Chairman and CEO

Willard C. McNitt III

Operating Partner

David Thurston

Managing Director

Sam Ticker

Vice President

4 past transactions

The Esthetics Center of El Dorado Hills

Private Equity Round in 2023
The Esthetics Center of El Dorado Hills' passion lies in improving their patients’ life by giving them the appearance they’ve always wanted.

Alpha Aesthetics Partners

Private Equity Round in 2023
Alpha Aesthetics Partners operates as a medical aesthetics platform.

ARC Health

Acquisition in 2021
ARC Health is a private investment company that specializes in the mental healthcare sector. It is primarily focused on reforming and restructuring the private health industry in South Africa. Additionally, ARC Health aims to enhance the efficiency of government healthcare spending and support the development of a sustainable National Health Insurance. The company's strategic objectives include identifying opportunities for improvement within the private healthcare landscape, promoting initiatives that consolidate government expenditures on health, and acting as a catalyst for meaningful change in the sector. Through these efforts, ARC Health seeks to contribute to a more effective and equitable healthcare system.

Smile Doctors

Private Equity Round in 2015
Smile Doctors LLC is a prominent orthodontics provider based in Georgetown, Texas, offering a comprehensive range of orthodontic services for children, teens, and adults. Established in 2015, the company operates over 370 locations across more than 27 states, making it one of the largest networks of its kind. Smile Doctors specializes in various treatments, including adult orthodontics, dentofacial orthopedics, early intervention, Invisalign for teens and adults, orthognathic surgery, and care for temporomandibular joint disorders. The company is recognized for its commitment to enhancing patient care by equipping orthodontists with advanced tools and technology, allowing them to focus on delivering personalized and affordable treatment plans. Additionally, Smile Doctors is the largest network of Diamond Plus Invisalign providers, further emphasizing its expertise in modern orthodontic solutions.
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