PE-backed MicroDental acquires Phoenix Dental Laboratory

MicroDental Inc, formerly known as DTI Dental Technologies Inc, has acquired Phoenix Dental Laboratory Inc, a full-service dental laboratory located in Hamilton, Ontario. The financial details of the transaction were not released. MicroDental said Phoenix will be merged with its Hamilton division to serve the Greater Toronto Area. The Dublin, California-headquartered MicroDental, which operates a network of dental laboratories, is backed by HealthpointCapital, a U.S. private equity firm. HealthpointCapital combined it with its Vancouver-based portfolio company DTI in 2007.

PRESS RELEASE

MicroDental Laboratories Acquires Phoenix Dental Laboratory

JULY 9, 2015

MicroDental Laboratories, a network of dental laboratories committed to helping dentists thrive, announced the acquisition of Phoenix Dental Laboratory based in Hamilton, Ontario, Canada. Effective immediately, Phoenix Dental Laboratory will merge with the company’s MicroDental Hamilton Laboratory to form one of the leading, full service laboratories in the Toronto metropolitan area.

“MicroDental is actively looking to join forces with dental laboratories like Phoenix that are dedicated to offering dentists quality, esthetics, and precision,” commented Bill Johnson, CEO of MicroDental Laboratories. “As with our other strategic mergers, this partnership immediately provides customers of Phoenix Dental Laboratory with access to new restorative products and services such as our MicrO2 Sleep Apnea Device, ZEUS Zirconia Restorations, digitally fabricated dentures, and e.maxP crowns.”

Owned and operated by Davide Dessegna, a Registered Dental Technician (RDT), Phoenix Dental Laboratory is know for utilizing leading dental technologies and modern dental materials to provide dentists with high-quality crowns, bridges, dentures, and implant-retained restorations. Moving forward, the lab will continue to offer local pickup, delivery, and chairside services.

“I am excited that we are joining forces with MicroDental,” expressed Davide Dissegna, RDT, and new member of the MicroDental Hamilton Laboratory team. “Partnering with MicroDental gives us access to materials, technologies, and resources that will make it easier for us to meet the needs of our dentists and their patients. We are also excited about the opportunity to join a leading group of laboratories that share our same values and commitment to customer service, technology, and quality.”

“Phoenix Dental Laboratory has an excellent reputation amongst dentists in the Hamilton, Ontario, area,” commented Eleanor Racine, RDT and MicroDental Hamilton Lab Manager. “I look forward to partnering with Davide and his team to further establish MicroDental Hamilton as the lab of choice for dentists in the Hamilton, Ontario region.”

Source: HealthpointCapital

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