Young Innovations, through its subsidiary Microbrush International, has acquired the Dry Tips brand of moisture control products used in dental procedures from Molnlycke Health Care, AB. Young Innovations has been a portfolio company of Linden Capital Partners since January 2013.
Young Innovations develops, manufactures and markets supplies and equipment used by dentists, dental hygienists, dental assistants and consumers. The company’s consumables product offering includes disposable and metal prophy angles, prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental handpieces (drills), endodontic systems, orthodontic toothbrushes, flavored examination gloves, children’s toothbrushes, and children’s toothpastes. The company also offers a line of diagnostic products that includes panoramic X-ray machines and related supplies. Young Innovations is headquartered northwest of Chicago in Algonquin, IL (www.ydnt.com).
“This acquisition is a major step in our plan to build out our restorative accessories platform at Microbrush,” said Dave Sproat, CEO of Microbrush parent-company Young Innovations. “We look to acquisitions, together with internal product development and relationships with our strategic partners, to continue to drive our long-term growth strategy.”
Following a brief transition period, Dry Tips products will be manufactured at the Microbrush facility in Grafton, WI. “We are excited about the opportunity to add Dry Tips to our growing portfolio of restorative accessories,” said John Frymark, VP and General Manager of Microbrush. “Dry Tips represents best-in-class products which will allow us to bring a more complete offering to dental professionals that value superior and effective clinical products.”
Linden Capital Partners is focused exclusively on leveraged buyouts in the healthcare and life science industries. Linden’s strategy is based upon three elements: healthcare and life science industry specialization; integrated private equity and operating expertise; and strategic relationships with large corporations. The firm is based in Chicago (www.lindenllc.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 12-1-14