Membersy Closes Acquisition of The CDI Group

Posted: March 20, 2020
Edited by Dentaltown staff

AUSTIN—Following regulatory approval from the California Department of Managed Health Care, Membersy, an Austin-based digital health company that provides dental practices with membership programs to make dental care more approachable, has closed on its recent acquisition of The CDI Group, a Los Angeles-based Knox-Keene licensed health care company that creates and administers licensed dental membership plans on behalf of more than 3,000 dental practices in 43 states.

The acquisition combines the core competencies and scale of The CDI Group with Membersy’s subscription-based tech, marketing and administration solutions. With the completion of the acquisition, Membersy now powers custom membership programs for 15 of the 20 largest dental services organizations in the United States. In total, more than 4,000 practice locations and 800,000 members now utilize the Membersy platform.

In October of last year, Membersy received a strategic investment from Bregal Sagemount, an NYC-based venture capital firm, and shortly thereafter announced it had entered into an agreement to acquire The CDI Group.

“We’re thrilled to welcome The CDI Group’s incredible team and long-standing industry partners to the membersy family,” said Eric Johnson, CEO of membersy. “The CDI team has built one heck of a company, and we look forward to working with our new colleagues and partners.”

For more information, visit membersy.com.
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