Jordan Builds Dental Supply Platform
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Jordan Builds Dental Supply Platform

Young Innovations, a portfolio company of The Jordan Company since November 2017, has acquired Johnson-Promident.

Johnson-Promident is an OEM and private label manufacturer and supplier of dental handpieces including carbide burs (used to remove material and tooth structure), and finishing and polishing instruments. The company also sells cotton rolls, gauze, sponges, patient towels and bibs; and infection control products such as gloves and face masks. In addition, Johnson-Promident provides services for the repair and maintenance of dental handpieces. The company, led by CEO Gary Kris, is based near New York City in Valley Cottage, NY (www.johnsonpromident.com).

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 (used tool for tooth polishing), prophy cups and brushes, dental micro-applicators, moisture control products, infection control products, dental handpieces, endodontic systems, orthodontic toothbrushes, flavored examination gloves, children’s toothbrushes, and children’s toothpastes. In addition, the company offers a line of diagnostic products that includes panoramic X-ray machines and related supplies. The company, led by CEO Dave Sproat, is based in Algonquin, IL (www.ydnt.com).

“Johnson-Promident is our tenth acquisition in the last four years and solidifies our position as the partner of choice for owners of dental products companies,” said Andrew Jones, Vice President of Corporate Development at Young Innovations. “This also demonstrates our continued commitment to growth through acquisition in focused categories of preventive, restorative and infection control.”

The Jordan Company is a middle-market private equity firm with over $6 billion of assets under management.  The firm was founded in 1982 and is headquartered in New York with an additional office in Chicago (www.thejordancompany.com).

© 2018 Private Equity Professional | July 6, 2018

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