Salt Creek Completes Boyd Deal

Salt Creek Capital Management has completed its acquisition of Boyd Industries Inc., a manufacturer of examination and operatory equipment. Terms were not released. Boyd is based in Clearwater, Fla.

PRESS RELEASE

Salt Creek Capital Management, LLC (“Salt Creek Capital”) is pleased to announce the recently completed acquisition of Boyd Industries, Inc. (“Boyd”), a leading manufacturer of examination and operatory equipment for the dental and medical specialty markets. Located in a Clearwater, Florida, Boyd offers a complete line of customized, high quality products including treatment chairs, specialty cabinetry, delivery units, sterilization centers, doctor and assistant seating, and assorted specialized accessories.

“We are excited about the Boyd acquisition, a company well known for its innovative products and strong reputation for quality within the dental industry”, said Dan Mytels, Managing Director with Salt Creek Capital. “We look forward to working closely with incoming President, Mr. Adrian LaTrace, to transition the company to new management and to guide the business through to its next phase of growth”.

Stated Mr. LaTrace, “I am delighted to have had the opportunity to partner with Salt Creek Capital on the acquisition of Boyd. The principals of Salt Creek have a strong track record of working with management teams to affect growth and their experience was instrumental in the completion of a successful acquisition.”

About Boyd Industries, Inc.
Founded more than 50 years ago, Boyd offers a full service, one-stop-shop for examination and operatory equipment to the orthodontic, oral surgery, pediatric dental, and other medical specialty markets. Boyd’s product line includes treatment chairs, doctor/assistant seating, specialty cabinetry, sterilization centers, task lighting, delivery units and various related accessories. More information is available at www.boydindustries.com.

About Salt Creek Capital
Salt Creek Capital is a San Francisco Bay Area based private equity firm focused on executive-led buyouts of profitable, lower middle market companies. Salt Creek Capital targets market leading companies across a broad range of industries and has a strong track record of working with management teams to accelerate growth and improving the operating efficiency of its portfolio companies.

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