BOCA RATON, Fla.--(BUSINESS WIRE)-- Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that its affiliate signed an agreement to acquire ClearChoice Holdings, LLC (“ClearChoice” or “the Company”), which serves ClearChoice Dental Implant Centers, the only pure-play, national network of providers delivering same-day dental implant services in the U.S. Terms of the private transaction are not being disclosed.
Founded in 2004, the ClearChoice network currently includes 39 dental implant centers in 22 states. The Company supports the network of professionals who provide complex, full-mouth dental implant restorations which restore the function and aesthetics of healthy, natural teeth using a multi-disciplinary approach that uniquely combines surgical, restorative, and laboratory functions in an all-in-one center. The Company is headquartered in Greenwood Village, Colorado.
“ClearChoice represents a great opportunity for Sun Capital to leverage its experience with service-oriented, consumer-facing businesses,” said Marc Leder, Co-CEO at Sun Capital. “We’re excited at the prospect of working with the management team to manage growth and improve patient access to care by increasing operational efficiency. In addition, we plan to expand new center development infrastructure and to invest in digital marketing capabilities to increase awareness of this life-changing procedure.”
The ClearChoice network focuses on implant solutions that address the needs of patients with significant tooth loss, known as “edentulism,” an underserved and increasingly prevalent condition. The ClearChoice approach provides a same-day, “graft-less” solution, in which four implants and new dentition are installed per arch in a single procedure that restores up to 90 percent of chewing capacity. In contrast, the traditional bone-grafting method typically may require six to eight implants per arch fitted in multiple surgeries over several months, and can cost significantly more.
“ClearChoice has helped improve the quality of life for tens of thousands of people over the past 13 years with our affiliated providers’ unique dental implant approach, and we are excited to partner with Sun Capital as we move forward,” said Kevin Mosher, CEO of ClearChoice Holdings. “Sun’s expertise in growing consumer-facing businesses while enhancing the customer experience will be incredibly valuable as ClearChoice looks to serve an increasing number of people around the country.”
About Sun Capital Partners, Inc.
Sun Capital Partners is a global private equity firm focused on identifying companies’ untapped potential and leveraging its deep operational and financial resources to transform results. Sun Capital is a trusted partner that is recognized for its investment and operational experience, including particular expertise in the consumer products and services, food and beverage, industrial, packaging, chemicals, building products, automotive, restaurant and retail sectors. Since 1995, Sun Capital has invested in more than 345 companies worldwide with revenues in excess of $45 billion across a broad range of industries and transaction structures. Sun Capital has offices in Boca Raton, Los Angeles and New York, and affiliates in London and Shenzhen.
About ClearChoice Holdings
Founded in 2004, ClearChoice is a market leader in providing high quality practice management services to a growing network of affiliated same-day dental implant centers. ClearChoice provides comprehensive administrative and non-clinical services to 39 dental implant centers – a network of doctor owned and operated dental treatment centers providing innovative and quality dental implant care – in 22 markets across the United States. ClearChoice centers offer comprehensive dental implant treatment services, and are leaders in full-mouth or whole-arch dental restorations. Each center’s main objective is to ensure a high quality of care by not only using specialists to deliver treatment but to have all the specialists at one location working together as an integrated team, with support from imaging equipment and an on-site lab. For more information, please visit http://www.clearchoice.com.
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Doug Allen, 646-502-3530
Source: Sun Capital Partners, Inc.