ACME Partners Announces the Exit of Bluestone Dental Partners

DALLAS (February 18, 2026) — ACME Partners, a growth-oriented private equity firm, today announced the sale of Bluestone Dental Partners, a doctor-centric dental support organization, to a larger healthcare investor. The transaction represents a successful realization for ACME's Fund IV and caps a partnership that transformed a twelve-practice regional group into a multi-state platform.

ACME invested in Bluestone through its thematic focus on multi-site healthcare services, partnering with the company's founding doctors to build a dental support organization designed around clinical autonomy. During ACME's ownership, Bluestone grew from twelve practices in central Texas to more than sixty locations across four states, more than quadrupling revenue while maintaining doctor retention that led its peer group.

The partnership's value creation plan included recruiting an experienced multi-site healthcare leadership team, building a disciplined acquisition and de novo engine, centralizing revenue cycle and procurement functions, and establishing a doctor equity model that made Bluestone's clinicians true partners in the platform's success. ACME's Portfolio Resource Group supported practice integrations throughout the hold period.

“Bluestone is proof that scale and clinical culture are not opposites,” said Jordan Avery, Managing Partner at ACME Partners. “The doctors built something special, our team helped them build the machine around it, and the result is a platform positioned to keep growing for years. We are grateful to the entire Bluestone team and proud of the outcome this partnership delivered for our investors.”

Bluestone's chief executive officer added: “ACME did what they said they would do on day one. They kept doctors at the center of every decision, they invested ahead of our growth, and they were true partners in the hard moments as well as the good ones. The company is far stronger for the partnership.”

ABOUT ACME PARTNERS

ACME Partners is a growth-oriented private equity firm focused on building world-class business and consumer services companies in the lower middle market. With more than $2.5 billion in assets under management, ACME provides the strategic guidance, operational resources, and capital that founder-led companies need to accelerate growth and build market-leading platforms. For more information, contact ir@acmepartners.example.