Salt Creek Capital has completed the acquisition of Boyd Industries, a manufacturer of dental examination and operatory equipment.
Boyd is a manufacturer of 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 related accessories. The company is based in Clearwater, FL (www.boydindustries.com).
“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”.
Salt Creek Capital invests in lower middle market companies located anywhere in the US that have $3 million to $50 million in revenue. Sectors of interest include business services, distribution, energy services, franchising, logistics and specialty finance. The firm is based in Menlo Park, CA (www.saltcreekcap.com).
“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,” said Mr. LaTrace.
© 2012 PEPD • Private Equity’s Leading News Magazine • 12-14-12
